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Active ETFs of Bitcoin worth $4.16 billion: A futuristic vision of crypto markets

To date, US regulators have given the nod only to ETFs tied to futures contracts, such as ProShares Bitcoin Strategy, which has about $1.2 billion in assets. The US SEC currently is considering as many as 10 applications to launch similar spot-based ETFs in the US

Global assets invested in exchange-traded funds (ETFs) tied to the spot price of bitcoin now total US$4.16 billion, showed data by CoinGecko, a cryptocurrency data and analysis company.Reuters reported that nearly half of that sum, or $2 billion, is inves

LONDON, 4th November, 2023 (WAM) -- Global assets invested in exchange-traded funds (ETFs) tied to the spot price of bitcoin now total US$4.16 billion, showed data by CoinGecko, a cryptocurrency data and analysis company. Reuters reported that nearly half of that sum, or $2 billion, is invested in the seven spot bitcoin ETFs that have been launched in Canada since 2021. Canada also is home to the single largest of the 20 ETFs, the Purpose Bitcoin ETF, which has $819.1 million in assets. To date,...

Global assets invested in exchange-traded funds tied to the spot price of bitcoin now total $4.16 billion, according to CoinGecko, a cryptocurrency data and analysis company. Nearly... -November 03, 2023 at 11:10 am EDT - MarketScreener