What is a Bitcoin ETF?
A Bitcoin ETF is a fund that can be traded on a stock exchange with assets primarily invested in Bitcoin. Bitcoin ETFs are similar to traditional ETFs, except they track Bitcoin rather than stocks or bonds. If you want to know more about Bitcoin, you can read the articles below this topic.
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What is a Bitcoin ETF?
What does Bitcoin ETF mean?
A Bitcoin ETF is a fund that can be traded on a stock exchange with assets primarily invested in Bitcoin. Bitcoin ETFs are similar to traditional ETFs, except they track Bitcoin rather than stocks or bonds. The purpose of Bitcoin ETFs is to provide investors with a convenient way to invest in Bitcoin without directly buying and holding Bitcoin. By purchasing Bitcoin ETFs, investors can indirectly invest in the Bitcoin market and enjoy the benefits of rising Bitcoin prices.
Jan 31, 2024 pm 04:32 PM
Thorchain: After the launch of Bitcoin ETF, why will it benefit first?
Encryption researcher DEEBSDEF wrote that the launch of a Bitcoin ETF may be beneficial to Thorchain ($RUNE). The article analyzes Thorchain’s unique positioning to allow native exchange and earning of Bitcoin, and points out the increased trading volume and impact on $RUNE price that a Bitcoin ETF could bring. The full text has been compiled by Shenchao. The $BTC ETF has the potential to bring billions of dollars on-chain and drive other altcoins to Valhalla. The following five charts explain why $RUNE may be one of the first beneficiaries. Why $RUNE might be the first to benefit? 1.$RUNE is a cross-chain protocol that can achieve seamless interaction between different blockchain networks. 2.$RUNE has high security and decentralization
Jan 24, 2024 am 09:51 AM
Ethereum price could rise 75% via Bitcoin ETF
January 10 is the deadline for the U.S. Securities and Exchange Commission (SEC) to make a decision on a Bitcoin ETF. Markets are optimistic about the approval of a Bitcoin ETF, arguing that this key event could have broad implications for the crypto market, including Ethereum, the second-largest cryptocurrency by market capitalization. If a Bitcoin ETF is approved, the price of Ethereum could rise by as much as 75% in the coming months. The Ethereum ETF’s approval of a Bitcoin ETF may set a regulatory precedent for other cryptocurrency-based ETFs, as it would establish a applicable framework for ETFs of other cryptocurrencies such as Ethereum. In December 2023, the SEC announced that it would postpone its decision on several U.S. Ethereum ETF applications, with the new deadline set for May 2024. this
Jan 23, 2024 pm 06:54 PM
BlackRock Bitcoin ETF administrator's assets exceed $2 billion for first time
On January 27, BlackRock’s iShares Bitcoin ETF (IBIT) became the first among the latest spot Bitcoin products to reach an asset size of US$2 billion. That figure does not include Grayscale’s GBTC, which had nearly $30 billion in assets under management when it transitioned from a closed-end fund to a spot ETF. Investors added $170 million to IBIT, with the fund purchasing 4,300 Bitcoins, bringing the total number of tokens to 49,952. On Friday, the price of Bitcoin exceeded $40,000 and assets under management exceeded $2 billion. Nate Geraci, president of ETFStore, said the fund currently has more than $2 billion in assets under management. launched last year
Jan 29, 2024 am 08:00 AM
Former SEC Chairman Jay Clayton: Spot Bitcoin ETF Approval Is Unstoppable
The Bitcoin spot ETF issuer submitted revised documents and announced the fee structure on January 8, while injecting seed funds. SEC Chairman Gary Gensler tweeted at this time to call out encryption-related risks, which was regarded as the last reminder before the issuance. Former SEC Chairman Jay Clayton also stated in an exclusive interview with CNBC that approval of ETFs is imperative. JayClayton: Approval of ETF is inevitable JayClayton said that approval of Bitcoin ETF is inevitable and there are currently no unresolved concerns. He emphasized that the SEC was satisfied with the information provided by all parties. CNBC host Joe Kernen recently learned about the cost of investing in Bitcoin ETFs, which is what everyone needs to know
Jan 19, 2024 pm 03:45 PM
Bitcoin NFT trading is booming! Ordinals' single-week sales rank second only to Ethereum
As the Bitcoin NFT protocol Ordinals minting volume hit a new high, the Bitcoin ecosystem once again attracted market attention. Following the emergence of $ordi, the first BRC-20 token on the Ordinals protocol, it once again swept the crypto market. Bitcoin NFT sales rank second among all blockchains in the past seven days According to cryptoslam.io data, among the 21 blockchains counted, Bitcoin NFTs have become the main contributor to crypto collectibles over the past week. The total sales volume reached 51.887 million, an increase of over 155.82%, second only to NFT on Ethereum. Driven by the growth of Bitcoin NFTs in the past week, overall NFT sales also reached US$208 million, an increase of approximately 31.2%
Jan 31, 2024 pm 04:15 PM
Is it better to invest in Bitcoin regularly or buy it all at once?
Is it better to invest in Bitcoin regularly or to buy it all at once? Some friends who have just come to the currency circle will have such a problem. Regarding the investment strategy in the currency circle, I suggest that it is better to invest regularly, because the fluctuations of virtual currencies are very large, and sometimes there is a drop in the purchase price. At this time, if you If it is a one-time purchase, the price will be cheap, and you will not have many chips to cover your position. If you still have bullets in your hand at this time, you can shoot them out and cover some more. At this time in finance, no one can predict prices, and the bull market is very short-lived. That is, when the price rises to a stage high, it may take several years of adjustment. During this adjustment period, it is a bear market. Bear market price comparison Low, the bear market cycle is longer than the bull market. It will definitely not rise for a long time, because it takes a long time to rise during the period.
Jan 31, 2024 pm 03:21 PM
What does it mean if the Bitcoin purchase price is higher than the real-time price?
The Bitcoin buying price and the Bitcoin real-time price are both conceptual indices of the Bitcoin price. The difference is that the Bitcoin buying price refers to the price at which investors set their own prices to buy Bitcoin, while the Bitcoin real-time price refers to the price at which investors set their own prices to buy Bitcoin. The actual trading price of Bitcoin in the market at the current moment. In the investment market, investors often face situations where the buying price is higher than the real-time price, and this situation may cause some doubts and uncertainties. With the rich development of cryptocurrencies, Bitcoin is also facing this situation, so what does it mean that the Bitcoin buying price is higher than the real-time price? Below, the editor will answer your questions. What does it mean if the Bitcoin purchase price is higher than the real-time price? The Bitcoin buying price is higher than the real-time price. Simply put, it means that the price of buying Bitcoin is higher than the actual transaction price in the current market. It is usually determined by the transaction.
Jan 31, 2024 pm 12:24 PM
What is the difference between USDT and Bitcoin?
Differences: 1. Different value stability: Bitcoin is a highly volatile cryptocurrency, and its price can change significantly in a short period of time, while USDT, as a stable currency, maintains a fixed ratio of value to a specific legal currency. , so the price is relatively stable; 2. Decentralization is different from centralization: Bitcoin is a decentralized cryptocurrency, while USDT is a centralized stable currency; 3. Issuance and supply are different: The supply of Bitcoin is limited, only 21 million, while the supply of USDT changes dynamically based on market demand, etc.
Jan 30, 2024 pm 02:32 PM
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