Barry Silbert’s Bitcoin Investment Trust is becoming the first publicly traded Bitcoin Fund.
Kevin Rooke reported that Grayscale Investment had increased its purchase rate of new Bitcoins mined after the halving event by 150%, which demonstrates an increased demand for the cryptocurrency.
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Grayscale’s application for Bitcoin Investment Trust has recently been withdrawn by NYSE Arca exchange.
Barry Silbert, the founder of the Bitcoin Investment Trust, was interviewed by Mauldin Economics’ Worth Wray about the future of Bitcoin.
The U.S. Marshals Service has announced that a syndicate of investors organized by the trading division of SecondMarket and its Bitcoin Investment Trust won 48,000 of the 50,000 bitcoins recently auctioned by the service.
The US Marshals has inadvertently leaked a list of the potential participants in the Silk Road bitcoin auction that will be held on June 27th.