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Those expecting a run up in bitcoin’s price as spot bitcoin ETFs hit the market last week have been disappointed, but continued interest in the product should only be an upside, analysts say
“The Commission finds it appropriate to designate a longer period within which to take action on the proposed rule change so that it has sufficient time to consider the proposed rule change and the issues raised therein,” the SEC said.
Only the first bitcoin futures ETF and the first physical gold fund hit $1 billion in assets via “organic” demand this soon after launch, Bloomberg Intelligence analyst says
More than 30 million SHIB tokens have been burned in the past 24 hours.
The Bitcoin hashrate tumbled 25% since the weekend, raising network security concerns as the halving event nears.
Bitcoin has bypassed silver to become the second largest ETF commodity asset class in the U.S. in terms of assets under management.