However, if you simply go by the trends, something like the ProShares Bitcoin Strategy ETF has charted a gain of 137.33% in 2023 alone and a one-year return of 110.27% as of Jan. 16, 2024.This shows ETFs can make for good investment options, provided the underlying asset also responds ...
2020, GBTC became a Securities and Exchange Commission (SEC) reporting company, registering its shares and making the trust the first digital currency investment vehicle to have this status. In January 2024, Grayscale was finally approved to operate GBTC as aspot...
Conversely, as part of their investment strategy, Ark Invest sold $3.76 million worth of shares in the Grayscale Bitcoin Trust ETF (GBTC) through ARKW. On the same day, GBTC closed at $26.95. It’s worth mentioning that in late October, Wood had divested $2.5 million worth of GBTC shar...
and its bad actors doing all sorts of bad things, sent everything related to digital assets crumbling. I’m confident there’s a good reason for the convenient silence
A wildly popular bitcoin stock is popping after a 91-for-1 splitGraham Rapier
On the date of publication, Chris Tyler holds, directly or indirectly, positions in bitcoin (GBTC) and Ethereum (ETHE, ETCG) but no other securities mentioned in this article. Chris Tyler is a former floor-based, derivatives market maker on the American and Pacific exchanges. The information...
While you don’t need a specific wallet to stay safe in crypto, it is good to know about the existence of these attacks. Article Citations Gemini.com Phemex.com Binance.US Author: Thomas DeMichele Thomas DeMichele has been working in the cryptocurrency information space since 2015 when Crypt...
The GBTC, an ETF that tracks Bitcoin futures, averaged 3 million.If an ETF is thinly traded, you could have trouble entering or exiting a position, particularly if you’re looking to buy or sell a larger number of shares.How to buy ETFsThe...