Bitcoin exchange-traded funds attracted over $4 billion in inflows on their first day of trading on Thursday, according to data shared by Bloomberg’s senior ETF analyst Eric Balchunas at market close Thursday.
The Grayscale Bitcoin Trust (CRYPTO: GBTC), managed by Grayscale, is claiming bragging rights for being the first of the newly approved spot Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF).
In a groundbreaking move, the Securities and Exchange Commission (SEC) on Wednesday gave the green light to applications for spot Bitcoin ETFs, a decision anticipated to transform both the cryptocurrency and conventional finance industries<
Grayscale Bitcoin Trust will become world's second largest commodity-based ETF and world's largest spot Bitcoin ETF* With over a decade of experience sponsoring a regulated Bitcoin investment vehicle on behalf
U.S. stock indices were mixed at the end of Tuesday with the Dow Jones falling nearly 160 points to 37,525.16, a decline of 0.42%. The S&P 500 followed dropping 0.15% to 4,756.50. The Nasdaq gained 0.09% to 14,857.71.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Ahead of a critical decision by the U.S. Securities and Exchange Commission (SEC), Better Markets CEO Dennis M. Kelleher has raised concerns about the potential approval of a spot Bitcoin exchange-traded fund (ETF).
Bitcoin rebounded over the $44,000 level on Thursday after the cryptocurrency valuations plummeted a day earlier. The global cryptocurrency market cap rose nearly 1% to $1.66 trillion at the time of publishing.