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Bangkok Post - Bitcoin ETF discounts reach records after late-day selloff

Bangkok Post - Bitcoin ETF discounts reach records after late-day selloff
bangkokpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bangkokpost.com Daily Mail and Mail on Sunday newspapers.

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Bitcoin ETFs flash signs of stress as discounts reach records

The $9 billion Fidelity Wise Origin Bitcoin Fund (FBTC) saw a 1.1% discount while the $2.5 billion ARK 21Shares Bitcoin ETF (ARKB) and the $2 billion Bitwise Bitcoin ETF (BITB) both closed with discounts of more than 1.4%, also the biggest on record for each.

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Bitcoin ETF Discounts Reach Records After Late-Day Selloff

Prices of some of the biggest spot-Bitcoin exchange-traded funds closed Tuesday at their largest discounts to the value of their underlying assets since they were launched.

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Bitcoin ETFs Flash Signs of Stress as Discounts Reach Records

Bitcoin ETFs Flash Signs of Stress as Discounts Reach Records
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Bitcoin ETFs Flash Sign of Stress as Discounts Reach Records

(Bloomberg) -- Signs of stress are flashing across spot-Bitcoin exchange-traded funds after the cryptocurrency sank to a two-month low.Most Read from BloombergTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesUS and Saudis Near Defense Pact Aimed at Reshaping Middle EastThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire EconomyFed to Signal Delay of Interest-Rate CutsPrices of some of the largest ETFs tra

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The Goldman Sachs Group Raises Virtu Financial (NASDAQ:VIRT) Price Target to $21.70

Virtu Financial (NASDAQ:VIRT – Free Report) had its price objective lifted by The Goldman Sachs Group from $19.20 to $21.70 in a report released on Friday morning, Benzinga reports. They currently have a neutral rating on the financial services provider’s stock. VIRT has been the topic of a number of other reports. Piper Sandler boosted […]

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Virtu Financial (NASDAQ:VIRT) Given New $21.50 Price Target at JPMorgan Chase & Co.

Virtu Financial (NASDAQ:VIRT – Free Report) had its price target raised by JPMorgan Chase & Co. from $20.00 to $21.50 in a research report report published on Thursday, Benzinga reports. The firm currently has a neutral rating on the financial services provider’s stock. Other equities research analysts have also recently issued reports about the company. […]

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Bailard Inc. Cuts Stock Holdings in Virtu Financial, Inc. (NASDAQ:VIRT)

Bailard Inc. lessened its holdings in Virtu Financial, Inc. (NASDAQ:VIRT – Free Report) by 26.2% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 24,500 shares of the financial services provider’s stock after selling 8,700 shares during the period. Bailard Inc.’s holdings in Virtu Financial were worth $496,000 […]

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Virtu Financial, Inc. (NASDAQ:VIRT) Holdings Boosted by Wedge Capital Management L L P NC

Wedge Capital Management L L P NC grew its holdings in shares of Virtu Financial, Inc. (NASDAQ:VIRT – Free Report) by 11.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 30,302 shares of the financial services provider’s stock after […]

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Bank of America Increases Virtu Financial (NASDAQ:VIRT) Price Target to $25.00

Virtu Financial (NASDAQ:VIRT – Free Report) had its target price raised by Bank of America from $22.00 to $25.00 in a research note issued to investors on Thursday morning, Benzinga reports. They currently have a buy rating on the financial services provider’s stock. A number of other equities analysts have also weighed in on the […]

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