Tag: NASDAQ:IBIT
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Crypto: UBS Imposes BTC ETF Trading Restrictions, CoinShares Acquires Valkyrie’s ETF, and More
US Bitcoin ETFs attracted $4.6 billion in trades On the first day of trading, US-listed Bitcoin ETFs reached an impressive volume of $4.6 billion, attracting both bullish and bearish investors who placed $80 million in long and short bets. Investors rushed to purchase these new SEC-approved products, marking a significant milestone for the cryptocurrency industry.…
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Crypto: Bitcoin Spot ETFs Debut Strongly, Circle Prepares for IPO, and More
GBTC, IBIT, and FBTC have a strong debut After years of anticipation, the Bitcoin ETFs were finally approved in the USA and started trading on Thursday. BitMex Research ranked the 11 newly launched funds by trading volume on the first day, with the ETFs from Grayscale (AMEX:GBTC), BlackRock (NASDAQ:IBIT), and Fidelity (AMEX:FBTC) leading in volume.…