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The SEC's approval of Bitcoin ETFs is a bullish outcome for the long term. What happens in the short term is much harder to predict. Bitcoin goes public: What the ETF victory means and what comes next
Bitcoin's price fell 3.2% in December for its first monthly drop since August, while daily outflows from BlackRock's ETF hit a then-record of $189 million on December 24 before the latest plunge ...
Spot Bitcoin ETFs began trading in early 2024, and a number of companies rushed to set up a fund based on the most popular crypto. ... Bitcoin doesn’t pay a dividend, and neither do Bitcoin ETFs ...
Crypto-related stocks also rallied on Monday with bitcoin proxy MicroStrategy popping 6% as investors reacted to the company’s latest token purchase and its upcoming addition to the Nasdaq 100.
"The ETF approval will further legitimize bitcoin." Bitcoin was last up 3% at $47,300. The cryptocurrency has soared more than 70% in recent months on anticipation of an ETF, and hit its highest ...
Bloomberg data shows that the 12 spot bitcoin ETFs in the market lost $579.5 million on Monday. That's a record daily outflow for the funds since they first came to market in January.
After a false start on Tuesday, the Securities and Exchange Commission on Wednesday finally approved spot Bitcoin ETFs.. In a filing, the agency announced that applications for 11 issuers ...
The 21Shares Bitcoin ETF, released in partnership with Cathie Wood’s ARK Invest, set a waiver period of six months or $1 billion, with a fee of 0.25% after. ... USA TODAY 'Who TF Did I Marry ...