Tag: ETF

A new way of trading and investing in crypto technology Bitcoin ETFs made headlines in 2018. Proponents of ETFs describe them as tools for driving Bitcoin adoption and a shortcut to introducing investors to the full potential of cryptos. Here is a beginner’s guide to Bitcoin ETFs written by Cryptonews. What is an Exchange-Traded Fund…

Investors poured a record $1.5 billion into the cryptocurrency market last week, as the first-ever Bitcoin ETF kicked off trading, with the underlying asset itself hitting an all-time high, digital asset manager CoinShares’ report said on Monday. The 10th straight week of inflows was also the largest ever, far surpassing the prior weekly record of…

Wednesday Bitcoin hit a new all-time high as investors acclaimed the successful launch of the first US Bitcoin futures exchange-traded fund (ETF). According to Coin Metrics, the world’s largest cryptocurrency surged 4%, passing the $66,900 level, topping a previous record of $64,899 set in mid-April. However, JPMorgan strategists believe the key driver behind the price…

Bitcoin surged above $60,000 for the first time in six months on Friday, pushing the digital coin further toward its all-time high, as traders speculated US regulators would approve the launch of the first Bitcoin futures exchange-traded fund (ETF). The world’s biggest cryptocurrency rose 6% to its highest level since Apr. 17 at $61,488.41, according…