GBTC Shares Surge to a One-Year High, Discount Drops to 30% coindesk.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from coindesk.com Daily Mail and Mail on Sunday newspapers.
Bitcoin hits more than 1-year high amid BlackRock ETF excitement streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Bitcoin, the world s largest cryptocurrency, hit a more than one-year high on Friday, capping a week of gains helped in part by BlackRock s plans to create a bitcoin exchange-traded fund (ETF) despite heightened U.S. regulatory scrutiny on the digital asset sector.
Bitcoin hit a one-year high, boosted by BlackRock s plans to set up a bitcoin exchange-traded fund (ETF), despite high US regulatory scrutiny in the digital asset sector. The world s largest asset manager filed to launch the iShares Bitcoin Trust, providing institutional investors exposure to cryptocurrencies. Investors turned cautious as interest rates rose, reducing the market value from $3tn in 2021 to $1.24tn. The US Securities and Exchange Commission also filed a lawsuit against Coinbase Global and Binance for allegedly violating its rules; however, they denied the allegations.