Bitcoin ETF Debut Serves as a Lesson for Ether ETF Speculators
Bitcoin’s experience cautions traders against betting bullish on volatility on the day of the ETF approval.
Bitcoin’s experience cautions traders against betting bullish on volatility on the day of the ETF approval.
Further review and consideration regarding crypto ETFs is planned, the regulator says.
Bitcoin ETFs clocked up some $4.6 billion in volumes on their first day, but market volatility hit futures speculators as prices whipsawed.
The former CEO of Terra is being held in Montenegro after being caught in Podgorica’s airport with falsified documents.
The Zürich-based banking giant’s decision contrasts with Vanguard’s decision to bar customers from buying bitcoin ETFs.
“All it was doing was generating noise,” the Bitcoin Core maintainer Ava Chow says of Luke Dashjr’s pull request, which would have severely curtailed the use of Ordinals inscriptions, sometimes known as “NFTs on Bitcoin.”
An attempt to purchase BlackRock’s iShares Bitcoin Trust (IBIT) and the Grayscale Bitcoin Trust (GBTC) through Vanguard failed.
ARK Invest’s CEO previously predicted the price to reach $1 million by 2030.
They make the asset class “less of a scary concept” to mainstream audiences, bitcoin advocate Jameson Lopp said.
The exchange-traded funds will allow better access to bitcoin through regulated entities and draw institutional investors, but the crypto is still a very small asset class, CoinDesk was told.