As the CME’s Volume Gets Pumped, the Bitcoin ETF’s Quirky Structure Could Explain Some of It
Last week’s launch of the ProShares Bitcoin Strategy ETF (BITO) was a smash hit by any measure. Yet, it may be that at least part…
Tag: etf
First Bitcoin ETF Is Already in Danger of Breaching a Limit on Futures Contracts
Just days after launch, the first U.S. Bitcoin futures exchange-traded fund risks becoming too popular for its own good. The Proshares Bitcoin Strategy ETF (ticker BITO)…
Investing giant Pimco is considering trading cryptocurrencies
Pimco, a $2 trillion investment firm, could potentially begin trading spot cryptocurrencies, the firm’s chief investment officer Daniel Ivascyn confirmed to CNBC. The firm, which has…
Bitcoin Hits New All-Time High Above $65K on Strength of ETF Debut
The latest rally appears fueled by the successful debut on Tuesday of the first U.S. bitcoin futures exchange-traded fund. Bitcoin, the world’s largest cryptocurrency by…
ProShares Bitcoin Futures ETF to Start NYSE Trading on Tuesday
The SEC gave the go-ahead for bitcoin futures ETFs at the end of last week. ProShares will launch a bitcoin futures exchange-traded fund (ETF) tomorrow,…
SEC Further Delays WisdomTree Bitcoin ETF Decision
The SEC instituted proceedings on whether to approve the WisdomTree bitcoin ETF application, effectively delaying any firm decision by a few months. The U.S. Securities…
First North American Bitcoin ETF Approved by Canadian Securities Regulator
The first publicly traded bitcoin exchange-traded fund (ETF) in North America has been given the go-ahead by Canada’s financial regulator. According to a decision document on Thursday,…
Guggenheim Fund Files to Be Able to Invest Up to Almost $500M in Bitcoin Through GBTC
Guggenheim Funds Trust filed an amendment with the U.S. Securities and Exchange Commission to allow its $5 billion Macro Opportunities Fund gain exposure to bitcoin…
Gold Prices Slump As Pfizer Files For Covid19 Vaccine Approvals, Will Bitcoin [BTC] Follow?
Pfizer Inc. the company which has claimed to develop a vaccine for the novel coronavirus with 95% accuracy revealed that they have passed the final…
$50 Billion Asset Manager Makes ‘The Investment Case for Bitcoin’
The future is looking bright for Bitcoin, according to ETF and mutual fund manager VanEck. The firm many believe in the best position to first…