As the much-awaited deadline for Bitcoin Spot ETF applications is drawing near, Ark Investment Management under the direction of Cathie Wood has sold off...
Bitcoin, the world’s largest cryptocurrency, has been in the news a lot recently thanks to its price action struggles. Despite these concerns, however, the demand for Bitcoin ETFs has remained strong. In fact, according to recent statistics, the Purpose Bitcoin ETF hit an all-time high in terms of holdings. Built for a ‘Purpose’ The world’s […]
Following the charged-up debut of the Proshares bitcoin exchange-traded fund (ETF), Valkyrie’s bitcoin futures ETF and the Vaneck bitcoin strategy ETF, interest in these types of funds seems to have faded a great deal. After the Proshares bitcoin ETF BITO reached an all-time high on November 10, the ETF is down 39% over the last […]