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Bitcoin and Beyond… | ETF Trends

Bitcoin keeps gaining momentum in price and institutional interest. The world’s favorite cryptocurrency has gone stratospheric since late last year and recently eclipsed the $50,000 level. ....

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Fidelity and Goldman Sachs join latest race to offer clients exposure to Bitcoin through ETFs

Fidelity and Goldman Sachs join latest race to offer clients exposure to Bitcoin through ETFs
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($BTC) - Kraken CEO Says Bitcoin Hitting $1M In 10 Years 'Very Reasonable'

Why It Matters: Kraken is currently the second most dominant U.S based cryptocurrency exchange after Coinbase.
Last year, the crypto exchange was granted a banking license by the state of Wyoming, making it the first cryptocurrency exchange to be granted a license of this nature.
In a recent blog post, Kraken revealed that it is currently gearing up to launch Kraken Bank with David Kinitsky as the CEO of its new venture.
Kinitsky has worked at Fidelity, Circle, and took the lead in setting up Grayscale, structuring its first and flagship product – the Grayscale Bitcoin Investment Trust, which now has over $33 billion in assets under management. ....

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Guggenheim Investment Boss Predicts $600,000 Bitcoin Price

Guggenheim Investment Boss Predicts $600,000 Bitcoin Price
Last Updated: 03 February 2021
Bitcoin started the year on a tear, racing past its previous all-time high and setting a new record at over twice the former. While the asset has since slowed down and is now struggling in the mid-30,000s, several experts believe that the asset’s long-term outlook is incredibly bullish.
Bitcoin Could Reach $600,000 Per Coin
Joining the optimists is Scott Minerd, the Global Chief Investment Officer at New York-based financial services and investment advisory firm Guggenheim Partners.
Speaking in a virtual chat session with CNN’s Julia Chatterley, Minerd explained that while Bitcoin had slowed down in the past few weeks, its long-term trajectory could see it peak over $600,000 in the coming years. ....

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Grayscale Gifts $1 Million To Coin Center, Will Match Up To $1 Million More In February – Bitcoin Magazine

Grayscale Investments has donated $1 million to Coin Center, with a commitment to match all donations made in February up to $1 million more. ....

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