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.
Etf
Bitcoin’s Wall Street Debut Ends in Tears for Futures Traders, Leads to $83M Liquidations
Bitcoin ETFs clocked up some $4.6 billion in volumes on their first day, but market volatility hit futures speculators as prices whipsawed.
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.
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.
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.
Grayscale, BlackRock Are Volume Leaders as Bitcoin ETFs Debut
Here’s a ranking of the 11 newly trading bitcoin ETFs, in terms of first-day trading volume.
Coinbase Will Benefit From Spot Bitcoin ETF Approval: Wedbush
The crypto exchange has a dominant role in all but one of the approved ETFs, acting as an issuer or custodian, the report said.
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.
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.
Ether ETF Hopes Drive Smart Money Bets After Historic Bitcoin ETF Approval
Bets on Ethereum tokens may spark a reversal of fortunes for ETH investors, especially as the token underperformed bitcoin in 2023.