Bullish for Bitcoin - Institutional Demand Surges: Purpose Bitcoin ETF Hits ATH ✈️ ✈️
The latest news comes at a time when Bitcoin’s price has been improving despite persistent geopolitical tensions. Over the past week, the largest cryptocurrency was up by more than 11% and touched $45,000 earlier today.
Purpose Bitcoin ETF is the first spot-driven ETF not just in North America but also in the world. The investment vehicle holds actual Bitcoin rather than a futures contract and was launched by Purpose Investments under the ticker BTCC in February 2021. Just one month after it went live, the ETF raked in $1 billion of assets under management, making it one of the fastest-growing ETFs.
However, Bloomberg Intelligence analysts James Seyffart and Eric Balchunas believe this could change. In a recent post to clients, the duo
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Bitcoin, Ethereum Technical Analysis: ETH Recaptures Fresh 1-Month High – Market Updates Bitcoin NewsEthereum rebounded during Thursday’s session to recapture the $3,000 level, climbing to a fresh one-month high in the process.
Lire la suite »
Crypto market reclaims $2 trillion market cap as Bitcoin surges past $44,800Over the past week, Bitcoin (BTC) has been recording consistent gains in price, leading the rebound of the cryptocurrency market... Continue reading
Lire la suite »
Seven years into Yemen quagmire, Saudis play oil hardballWestern powers want Saudi Arabia to pump more oil to ease surging prices driven by the Ukraine war, but the kingdom has its own demand: support for its war in Yemen.
Lire la suite »
Colorado accepts tax payments in crypto: Was it just a matter of time?Even if governments do not keep crypto assets on their balance sheets, demand for cryptocurrencies that they accept as payment could surge.
Lire la suite »
Bitcoin Hits $44k on Rumors of Russia Accepting BTC for Energy ExportsQuick take: Bitcoin has hit a local high of $44k Bitcoin is currently in bullish territory above the 50-day and 100-day moving averages The bullishness surrounding Bitcoin and the push towards $44k can be attributed to rumors of Russia accepting BTC for energy exports Bitcoin could hit $48k...
Lire la suite »
Uber Partners With NYC Taxi Cabs After Years of RivalryUber, hit by driver shortages and a surge in food delivery requests during the pandemic, will begin including New York City taxi cabs on its app
Lire la suite »