First Mover Americas: Europe’s First Spot Bitcoin ETF Opens in Holland

This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day. Latest Prices Top Stories London-based Jacobi Asset Management has listed Europe’s first spot bitcoin exchange-traded fund (ETF) on Euronext Amsterdam nearly two years after it was first … Read more

Bitcoin Rallies Keep Getting Quickly Sold — What’s Up?

After a quick surge to start the year resulted in a near doubling of its price, bitcoin (BTC) has traded mostly in a tight range for the past few months, struggling to hold above $30,000 for a sustained period of time. Since April, and in particular since mid-June, bitcoin’s has reversed abruptly anytime it has … Read more

Bitcoin Spot ETF Approval Could Help Power up a New Crypto Cycle: Bernstein

Crypto exchange-traded-funds (ETFs) add capital to the market not just by creating demand in the spot market, but the market signal of regulatory approval of these products produces a growth flywheel for retail and other institutional flows that are seeking legitimacy, broker Bernstein said in a report Monday. “With the interest of leading global asset … Read more