Ark Invest founder Cathie Wood passed on buying the first Bitcoin Futures ETF
She cited an investigation into tax ramifications as one of Ark Invest’s reasons for withholding for now.
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She cited an investigation into tax ramifications as one of Ark Invest’s reasons for withholding for now.
The total value locked in DeFi protocols soared to $233.8 billion as rising token prices and the increasing integration of stablecoins helped send the metric to a record high.
Bitcoin’s breakout to $67,000 also sent the total crypto market capitalization to a new all-time high and is a signal that altcoins could soon embark on a new uptrend.
TRAC, KDA and CTSI booked double-digit gains after BTC hit a new all-time high and the total crypto market cap hit $2.63 trillion.
Bullish momentum has returned to the cryptocurrency market, with Bitcoin leading the charge towards new all-time highs.
The spot price of bitcoin smashed through the leading crypto asset’s all-time high (ATH) surpassing $66,000 per unit after the first bitcoin exchange-traded fund (ETF) was launched in the United…
Decreasing reserves mean a decline in Bitcoin supply for selling, altcoins purchasing, and margin trading.
In the same interview, Proshares CEO Simeon Hyman opined that regulated futures traded in a 40-act ETF will open the opportunity to get BTC exposure to a lot of folks…