$BITO is now ahead of $GBTC in terms of daily trading volume
reported by U.Today
, Grayscale failed to convince the SEC to approve its application to convert GBTC into an ETF. As a result, GBTCэs discount collapsed to a record 35%. The leading crypto money manager swiftly filed a lawsuit against the agency, decrying the highly anticipated rejection.Last month, ProShares launched the world's first short Bitcoin ETF that makes it possible for investors to bet against the world's largest cryptocurrency.
The ProShares Short Bitcoin Strategy ETF enjoyed a successful launch, with its volume growing by about 300% within a week. Balchunas claims that BITI's numbers are"quite healthy," even though they may appear small in comparison to the mammoth volume recorded by BITO after its debut.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Grayscale legal officer says Bitcoin ETF litigation could take two yearsCraig Salm, chief legal officer at Grayscale, claimed that the disapproval of the spot Bitcoin ETF violates the Administrative Procedure Act and the Securities Exchange Act of 1934.
Baca lebih lajut »
Grayscale legal officer says Bitcoin ETF litigation could take two yearsCraig Salm, chief legal officer at Grayscale, claimed that the disapproval of the spot Bitcoin ETF violates the Administrative Procedure Act and the Securities Exchange Act of 1934.
Baca lebih lajut »
Market Watch: Trading Volume at Monthly Lows as Bitcoin Stalls Amid $21KBitcoin has remained stuck around $21,000, while most altcoins have produced minor daily declines.
Baca lebih lajut »
Ethereum Devs Delay Difficulty Bomb — ETH 2.0 Contract Surpasses 13 Million Ether Deposits – Technology Bitcoin NewsThere’s now more than 13 million ethereum locked into the ETH2 contract worth $15.8 billion using today’s prices.
Baca lebih lajut »
Here Are the 5 Cryptocurrencies Removed From Grayscale's Digital Large Cap FundWith the end of Q2, Grayscale had to make some adjustments on a few of its Trusts, including the Larger Cap one.
Baca lebih lajut »
LYO Credit (LYO) Is Now Available for Trading on LBank Exchange – Press release Bitcoin NewsPRESS RELEASE. INTERNET CITY, DUBAI, Jul. 10, 2022 – LBank Exchange, a global digital asset trading platform, has listed LYO Credit (LYO) on July 7, 2022.
Baca lebih lajut »