Bitcoin slid on Friday to end what should have been a momentous week for the cryptocurrency, with the launch of 11 bitcoin ETFs in the U.S. after a years long battle for institutional acceptance of the asset. The price of bitcoin dropped nearly 6% to $44,022.22, according to Coin Metrics, pulling most of the crypto … Read more
Omar Marques | Lightrocket | Getty Images Bitcoin hovered around the flat line higher late Wednesday after the Securities and Exchange Commission gave the green light for the first-ever spot bitcoin ETFs to trade in the U.S., as expected. The cryptocurrency trimmed earlier losses and was last trading flat at $46,671.22, according to Coin Metrics. … Read more
Nurphoto | Nurphoto | Getty Images Bitcoin and other cryptocurrencies dawdled as investors awaited the official SEC approval on spot bitcoin ETFs, a day after the regulator’s X.com account posted a false announcement on the highly anticipated news. The price of bitcoin fell more than 3% Wednesday, extending losses from the previous day, to $45,228.19, … Read more
Bitcoin rose to start the week as investors awaited the potential approval of a U.S. bitcoin ETF this week. On Monday the cryptocurrency rose 1.5% to $44,854.11, according to Coin Metrics, as BlackRock, Grayscale and other potential bitcoin ETF issuers submitted final updates to the Securities and Exchange Commission, including key fee disclosures that bolstered … Read more
