Skip to content
Home » Bitcoin ETFs Quickly Attract Billions – Global Finance

Bitcoin ETFs Quickly Attract Billions – Global Finance

Bitcoin ETFs Quickly Attract Billions – Global Finance

The year started with a bang for the cryptocurrency sector, with bitcoin exchange-traded funds (ETFs) going live in mid-January and attracting about $2 billion in the first three days of trading.After a lengthy wait, the milestone approval of 11 spot bitcoin ETFs by the US Securities and Exchange Commission (SEC) surprised some operators, but for longtime digital asset investors, it was well overdue. Bitcoin, launched in 2009 as the first cryptocurrency, has been considered excessively risky and volatile for years. The believers in the power of cryptocurrency fought to see this moment. The day of reckoning for the SEC came in… 

Read More

Leave a Reply

Your email address will not be published. Required fields are marked *