Bitcoin ETFs take Wall Street by storm with historic debut
Friday, 12 January 2024 The first US exchange-traded funds investing in Bitcoin went live after approval from the SEC. The debut included offerings from BlackRock and Fidelity. Vanguard and Bank of America will not offer trading, while Robinhood and Charles Schwab are on board. Coinbase views this as a significant step for Bitcoin adoption. Fee wars preceded the launch, with several issuers lowering costs. These ETFs wonβt be successful in the long term unless investors are able to easily access them, and that remains an issue.
Bitcoin weekly inflows saw a massive, historic surge of over 1 billion dollars last week! With the bitcoin etf live and wall street open today, is Bitcoin's price gearing up for a massive move..
Friday, 12 January 2024
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