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Shares of WisdomTree Bitcoin Fund (NYSEARCA:BTCW – Get Free Report) rose 2.3% on Thursday . The company traded as high as $73.96 and last traded at $73.00. Approximately 68,535 shares changed hands during trading, a decline of 78% from the average daily volume of 315,574 shares. The stock had previously closed at $71.34. WisdomTree Bitcoin […]
WisdomTree's Physical Bitcoin (BTCW) and Physical Ethereum (ETHW) exchange-traded products are expected to list on the LSE to professional investors on May 28.
As the first quarter comes to a close, clearly, there have been some ETF themes that won in terms of flows and investment performance.
As of late Monday, bitcoin was higher by 7% over the past week and trading around $72,600. Impressive short-term action to be sure.
At least one expert believes that bitcoin could eventually take away market share from the precious metal.