Here’s how the analysts are predicting higher targets for Bitcoin price based on the strengthening technical charts, growing fundamentals, and higher institutional participation.
ProShares, a leading provider of exchange traded funds (ETFs), has recently submitted two new Bitcoin ETFs to the SEC for approval.
Grayscale’s application for Bitcoin Investment Trust has recently been withdrawn by NYSE Arca exchange.
Bitcoin Investment Trust shares have recently grown compared to the time of their public debut several months ago.
The Bitcoin Investment Trust, which began trading on May 4, is believed to boost the acceptance of digital currency by investors.
Bitcoin shares are publicly traded for the first time.
A recently published report on the Wall Street Journal claims that some major US’s proprietary trading and investment giants are showing signs of interest in getting their feet soaked in Bitcoin, a move that is already predicted to change drastically the digital currency.
Barry Silbert has announced that his Bitcoin Investment Trust went public on OTCQX exchange, thus becoming the first publicly traded bitcoin fund.
Barry Silbert’s Bitcoin Investment Trust is becoming the first publicly traded Bitcoin Fund.