Demand for the First Short Bitcoin ETF Heats Up: $35M Traded on Day After Launch
After a slow start, the first short Bitcoin ETF nearly quadrupled its trading volume during the second day.
BTC$62,423.00-0.16%
ETH$1,660.95+0.09%
USDT$0.99870.00%
USDC$0.9998+0.01%
XRP$1.09-2.08%
SOL$68.95-0.35%
TRX$0.3309+0.49%
FIGR_HELOC$1.03-0.15%
HYPE$61.92-1.53%
DOGE$0.0783-1.44%
USDS$0.9995-0.01%
RAIN$0.016+1.42%
LEO$9.54+0.12%
ZEC$412.09-2.99%
XLM$0.1902-1.48%
BTC$62,423.00-0.16%
ETH$1,660.95+0.09%
USDT$0.99870.00%
USDC$0.9998+0.01%
XRP$1.09-2.08%
SOL$68.95-0.35%
TRX$0.3309+0.49%
FIGR_HELOC$1.03-0.15%
HYPE$61.92-1.53%
DOGE$0.0783-1.44%
USDS$0.9995-0.01%
RAIN$0.016+1.42%
LEO$9.54+0.12%
ZEC$412.09-2.99%
XLM$0.1902-1.48%
It's been almost a decade since the rejection of the first spot BTC ETF filing, and it still appears an approval is nowhere in sight.
After a slow start, the first short Bitcoin ETF nearly quadrupled its trading volume during the second day.
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Fidelity has launched a spot BTC ETF in Canada, becoming the largest asset manager with a cryptocurrency exchange traded fund.
Politicians in the US continue to throw their weight behind crypto assets, with calls for regulatory approval.
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The Bitcoin ETF has finally hit the NYSE and had the best opening day for an ETF ever.
Will you end up buying the news, or selling it? Fortunes may depend on it.
ETFs may give retail traders the chance to buy Bitcoin at a discount if they push price downwards.
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