Dave Abner News Today

(Bloomberg) -- The debut of US spot-Bitcoin ETFs thrusts Coinbase Global Inc. into the center of crypto’s biggest mainstream moment to date. Yet what may seem like an enviable position also creates a welter of risks for the company and its partners. Most Read from BloombergUS Economy Set for Another Cash Boost If Congress Backs Tax DealApple to Shutter 121-Person San Diego AI Team in ReorganizationBoeing’s Legacy Vanished Into Thin Air. Saving It Will Take YearsStocks Slip as Offic...

Bitcoin rose 2% to $28 730, the highest level since early May, as of 11:37 a.m. in Singapore on Wednesday.

The filing from the asset manager said the WisdomTree Bitcoin Trust would be listed on the Cboe BZX Exchange under the ticker BTCW.

In a podcast episode, Mark Cuban said, “I want Bitcoin to go down much further so I can buy some more.” He added that Gold investors are quite dumb.

VettaFi will be participating in Future Proof, which starts Sunday, September 11th, and goes until Wednesday, September 14th.

The regulated crypto exchange and custodian sees growing institutional interest.

Eaglebrook Advisors said its platform already has hundreds of advisors using it to manage more than $100 million in assets.

Even while it remains partnered with Onramp Invest and Eaglebrook Advisors, Gemini is buying it's own wealth management-focused crypto platform, BITRIA.

Gemini has agreed to purchase BITRIA, a 5-year-old start-up that provides advisers with tools to access and manage cryptocurrency.

Cryptocurrency has no end and will witness a great amount of positivity shortly. The near future will revolve around these digital assets.