However, Grayscale argues that the differences have no correlation with Bitcoin ETF approvals, as both futures and spot Bitcoin ETF prices are based on the same spot Bitcoin markets. Thus, the Grayscale legal team believes that the disapproval of spot Bitcoin ETFs amid the approval of Bitcoin ...
Bitcoin shorts bore the brunt of this squeeze, with $90 million worth of bearish (short) bets getting liquidated in a day, while Ethereum (CRYPTO:ETH) shorts saw a significant hit as well, tallying up to $25 million. The Bitcoin Fear and Greed Index has reached a le...
It’s today — the long-awaited deadline for the US Securities & Exchange Commission to vote on spot-Bitcoin ETF applications. If crypto markets weren’t dramatic already, the SEC’s X account was hacked on Tuesday and a fake post was published claiming that the agency had approved the pla...
Global X Funds - Global X Bitcoin Trend Strategy ETF was formed on March 20, 2024 and is domiciled in the United States.The investment seeks to provide investment results that correspond to the price and yield performance, before fees and expenses, of the CoinDesk Bitcoin Trend Indicator ...
Looking for something that best tracks bitcoin with minimum fees and risk, other than risk inherent in crypto. $GBTC $BITO $SPBC $MSTR 4 BottomFishingChartsOct 31, 2023 11:32 PM $SPBC is priming up to dance as it taps the 50 day EMA t-line.. STO/RSI momentum oscillators are ...
Bitcoin, Ethereum and XRP updates Bitcoin hovers close to $67,000 even as $4.3 billion in Bitcoin options expire on Friday. Data from Deribit shows that twice as many long contracts are expiring as shorts. The put/call ratio is 0.61. Ethereum is hovering close to ...
Bitcoin’s volatility has been well-documented, though it has been less prone to large price swings over the last few years. It was a matter of time before another big move showed up, but the question remained whether that move would be up or down. ...
‘pioneer’ and crypto evangelist is a former Goldman Sachs ‘global macro wunderkind’ who then did a stint at asset management firm Fortress Investments, which cratered during his watch, turned into a bitcoin evangelist and became the “bitcoin billionaire” brains behind “crypto investment firm...
How does a Bitcoin ETF work In practice, an index can be composed of several Stocks or assets. For cryptocurrency ETFs, the logic is the same. There are currently some indices in the global financial market that follow the quotes of digital currencies. They are therefore used as a reference...
Spot Bitcoin ETFs: Everything You Need to Know A spot Bitcoin ETF holds actual Bitcoins and track its movement for investors. more Leveraged ETFs: The Potential for Big Gains—and Bigger Losses A leveraged exchange traded fund is a fund that uses financial derivatives and debt to amplify th...