UBS Will Let Some Customers Trade Bitcoin ETFs, Contrary to Rumors: Source
The Zürich-based banking giant’s decision contrasts with Vanguard’s decision to bar customers from buying bitcoin ETFs.
Financial
Bitcoin
Financial
Steward of Bitcoin Software Explains Why She Nixed an Acrimonious Code Debate
“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.”
Financial
Cathie Wood Sees Bitcoin Price Reaching $1.5M By 2030 After ETF Approval
ARK Invest’s CEO previously predicted the price to reach $1 million by 2030.
Financial
Bitcoin ETFs Stir Optimism, Ambivalence and Dread Among Crypto’s Staunchest Supporters
They make the asset class “less of a scary concept” to mainstream audiences, bitcoin advocate Jameson Lopp said.
Financial
Bitcoin ETFs Too Small to Affect Broader Investment Landscape, Moody’s Analysts Say
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.
Financial
Bitcoin Briefly Tops $49K Before Selling Off as ETF Trading Frenzy Commences
Cryptocurrency-focused stocks such as Coinbase and bitcoin miners are also down significantly since Thursday’s market open.
Financial
BlackRock’s Bitcoin ETF Could Attract a Record $3B Inflow in First Trading Day: CF Benchmarks
The fund saw about $400 million of inflows within 30 minutes of its trading debut, CF Benchmarks said.
Financial
Grayscale’s GBTC Discount Closes to Zero for First Time Since February 2021
Grayscale received the regulatory green light to convert its flagship product into an ETF on Wednesday.
Financial
Bitcoin ETF Approval Is Historic Moment for BTC, Miners: Analysts
Mining stocks represent an attractive opportunity for investors looking to gain access to the long-term bitcoin adoption trade, the analysts wrote.
Financial
Grayscale, Invesco/Galaxy Lead as Bitcoin ETFs Debut; BlackRock’s Fund Is in 6th Place
Here’s a ranking of the 11 newly trading bitcoin ETFs, in terms of first-day trading volume.