Bitcoin’s Wild Ride: The SEC, ETFs, and Market Sensitivity
October 16, 2023 – In a rollercoaster day for the cryptocurrency market, Bitcoin experienced a dramatic surge to $30,000, triggered by rumors suggesting that the Securities and Exchange Commission (SEC) had given the green light to the iShares Bitcoin spot ETF. However, as the crypto community held its breath, the excitement quickly dissipated as […]
Flat First-Day Trading Volume for Ether Futures ETFs
Recently, the Securities and Exchange Commission (SEC) approved nine Ether Futures ETFs, making it the second crypto ETF approval and the biggest ever debut for an ETF. This approval comes after the Bitcoin Futures ETFs were given the green light two years ago. The firms that received approval from the SEC include ProShares, Invesco, and […]
What Are Bitcoin ETFs?
Since the emergence of Bitcoin in 2009, it has become increasingly popular as a form of digital currency. With its decentralized nature and limited supply, many investors have seen Bitcoin as a potential store of value and have been drawn to its high volatility for trading opportunities. However, despite its growing popularity, investing in Bitcoin […]
