BlackRock Bitcoin ETF AUM reaches $2 billion for first time
The next fund to cross the $2 billion mark is likely to be Fidelity’s Wise Origin Bitcoin Fund (FBTC), which held just under 44,000 Bitcoins as of January 25.
JinseFinanceThe next fund to cross the $2 billion mark is likely to be Fidelity’s Wise Origin Bitcoin Fund (FBTC), which held just under 44,000 Bitcoins as of January 25.
JinseFinanceTD Cowen analysts say MicroStrategy stock’s premium over BTC will compress but not disappear as spot Bitcoin funds come online.
JinseFinanceGrayscale's GBTC trust conversion has contributed to the surge, with these funds collectively holding around 647,651 bitcoins, equivalent to $27.5 billion in AUM, according to CC15Capital.
AlexSince its inception, BITO has maintained an average daily trading volume of $160 million, placing it among the top 5% of all U.S. ETFs.
BrianThe focus of the discussion revolved around NYSE Arca, Inc.'s proposed rule change related to listing and trading Grayscale Bitcoin Trust shares under NYSE Arca Rule 8.201-E, as per the memo released by the SEC.
DavinThe company's latest filing follows an ETF application from BlackRock.

Could the world’s largest asset manager be the first firm to launch a Bitcoin spot ETF in the United States?
cryptopotatoInvestment and financial services firm BlackRock will launch a spot Bitcoin private trust in the United States, according to an ...
BitcoinistThe Jacobi Bitcoin ETF will start trading on the Euronext Amsterdam Exchange under the ticker BCOIN in July.
CointelegraphThe ProShares Bitcoin ETF broke an 18-year record as the fastest fund to reach $1 billion in assets under management.
Cointelegraph