The Latest Breaking News from ETF

Cryptocurrency prices have been on the rise after the so-called “crypto winter” deepened by the collapse of the FTX exchange in 2022. Bitcoin is up more than 150% year-to-date, mainly strengthened by optimism for a spot bitcoin ETF. As this year’s crypto recovery paves the way for a promising 2024,…

Last week, it was reported that the SEC met with hopeful spot Bitcoin ETF issuers to iron out details of their filings and inform them of a deadline for submitting amended proposals on Dec. 29.

The Dow Jones rose Thursday after initial jobless claims. Cathie Wood shook up her bitcoin-related positions, selling COIN stock.

The comeback of Cathie Wood's ARK Innovation fascinated investors in 2023. But it's only part of the year's story.

Data also showed that Coinbase executives, including CFO Alesia J. Haas, Director Rajaram Gokul, and COO Choi Emilie offloaded millions of dollars worth of shares this month alone.

Half of the proceeds from ARK Invest's GBTC sale, approximately worth $100 million, were used to purchase the BITO Bitcoin Futures ETF.

The market rally rose slightly Wednesday with Tesla clearing an entry and AAPL rebounding on an Apple Watch victory. Spotify is among leading stocks finding key support.

The new year is set to provide three major catalysts for bitcoin in 2024: The Halvening is likely to raise prices, bad actors are being forced out and major institutions are readying bitcoin-based ETFs.

The latest purchase places MicroStrategy's total Bitcoin holdings at 189,150 BTC, acquired at an aggregate price of $5.895 billion, at an average price of around $31,168 per BTC.