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Bitcoin surges past $46,000, close to month-highs on ETF inflows, halving plans
10 months, 2 weeks ago

Bitcoin surges past $46,000, close to month-highs on ETF inflows, halving plans

Live Mint  

Bitcoin, the largest digital asset, achieved a one-month high by surpassing $46,000 on February 9. This upward trend is supported by steady inflows into several United States funds for the cryptocurrency and increasing attention on the upcoming halving scheduled for April, Bloomberg reported. Bitcoin Exchange-Traded Funds Give Boost Nine US spot Bitcoin exchange-traded funds debuted on January 11, accompanied by …

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Wall Street gets laser eyes in bid for Bitcoin ETF bucks
10 months, 3 weeks ago

Wall Street gets laser eyes in bid for Bitcoin ETF bucks

Live Mint  

Listen to firms on Wall Street these days, and you might think you’re knocking down beers with a gaggle of crypto bros. Larry Fink, chief executive of BlackRock, the world’s largest asset manager, told CNBC last month that he was a big believer in bitcoin. The fund manager later tweeted at Merriam-Webster, asking why its dictionary didn’t include “HODL," a …

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Regulators approve new bitcoin funds in move that could spur more investment in the digital currency
11 months, 2 weeks ago

Regulators approve new bitcoin funds in move that could spur more investment in the digital currency

Associated Press  

NEW YORK — The Securities and Exchange Commission on Wednesday reluctantly approved the first exchange-traded funds that hold bitcoin, saying it is still deeply skeptical about cryptocurrencies and that its decision did not mean it approves or endorses bitcoin. The agency said that would provide competition and a “level playing field.” Bitcoin ETFs could open the door to cryptocurrencies to …

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Galaxy Digital CEO Mike Novogratz's latest annoucement lifts hope in Bitcoin world: ‘Big things are coming’
11 months, 3 weeks ago

Galaxy Digital CEO Mike Novogratz's latest annoucement lifts hope in Bitcoin world: ‘Big things are coming’

Hindustan Times  

In a recent interview, the CEO of blockchain investment firm Galaxy Digital, Mike Novogratz, announced that “big things are coming,” according to Contribune. In a recent interview, the CEO of blockchain investment firm Galaxy Digital, Mike Novogratz, announced that “big things are coming" Ever since the first Bitcoin ETF was launched in Canada, American investors have sought that such an …

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Value of Bitcoin skyrockets again as US ETF launch enhances investor exposure
3 years, 2 months ago

Value of Bitcoin skyrockets again as US ETF launch enhances investor exposure

Firstpost  

The fund, which opened on 19 October, allows investors to speculate on the future value of Bitcoin without actually owning it. It is the first time investors have been able to trade an asset related to Bitcoin on the New York Stock Exchange London: Bitcoin’s journey into mainstream finance has reached another major milestone and another record price. The cryptocurrency …

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Bitcoin ETF finally begins trading
3 years, 2 months ago

Bitcoin ETF finally begins trading

CNN  

New York CNN Business — Cryptocurrency investors finally got what they’ve been clamoring for as the first bitcoin-linked, exchange-traded fund launched Tuesday. “The ETF approval is a watershed moment for the industry,” Bitcoin Foundation chairman Brock Pierce said in a statement to CNN Business. “This moment is long-awaited, as numerous entrepreneurs and firms have sought approval from regulators since as …

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