Grayscale parent company expands GBTC purchase allocation to $1 billion
The new allocation extends DCG’s purchase authorization for the Grayscale Bitcoin Trust by $250 million.
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Bitcoin price eyes $65K breakout as BTC exchanges reserves fall to 2018-lows
Decreasing reserves mean a decline in Bitcoin supply for selling, altcoins purchasing, and margin trading.
SEC Chair Gensler Explains Why They Approved the Bitcoin BITO ETF
Gary Gensler – chairman of the Securities and Exchange Commission – recently explained his approval of a Bitcoin Futures ETF. He believes the ProShares ETF falls under current investor protections…
First Bitcoin Futures ETF Generates $1 Billion in Trade Volume on First Day
Around $1 billion in volume was traded in BITO as more than 24 million shares changed hands on its first day. The ProShares debut ranked only behind a BlackRock carbon…
Gary Gensler Explains Why SEC Approves a Bitcoin Futures ETF
SEC Chairman Gary Gensler has shared why the U.S. Securities and Exchange Commission (SEC) decided to approve a bitcoin futures exchange-traded fund (ETF) to trade on the NYSE. Meanwhile, the…
Bitcoin futures ETF debuts with highest ever first day ‘natural’ volume of $1B
ProShares’ Bitcoin Strategy ETF saw around $1 billion volume on its opening day, with 24.313 million BITO shares changing hands.
BTC Futures Open Interest Soars Leading up to Bitcoin ETF’s Official Launch
Prior to the launch of the Proshares Bitcoin Strategy ETF (BITO), open interest in bitcoin futures products has been surging since the start of the month, according to data from…
Buy the rumor… buy the news? BTC price passes $63K as US Bitcoin ETF launches
Bitcoin reaches $63,000 as Grayscale Bitcoin Trust announces it will convert its $40 billion fund into a Bitcoin spot ETF.
ProShares Bitcoin-linked ETF launches on NYSE as BTC price rises above $63K
The price of Bitcoin rose to a five-month high of $63,293 following shares of ProShares’ ETF opening for trading.