Two years after the last bullish market, comes yet another era of Bitcoin Halving. A period during which the cryptocurrency price is anticipated to hit an all-time high.
The ripple effect of the ’drop gold buy Bitcoin’ campaign. Would a collaboration of both monetary systems be worthwhile? Or would one eventually out-weigh the other? A distinctive account from the standpoint of a seasoned financial investor.
Bitcoin has gone through a mild decline throughout the past 24 hours, losing about $200 of its value. However, the Grayscale Bitcoin Trust (GBTC) still trades at $11.44 per share, putting the price of Bitcoin upwards of $11,600.
Under the approval from FINRA, Grayscale’s Ethereum Trust (ETHE) will be available for retail investors which is a positive sign for the entire industry.
In this article, professional stock trader and investor, Baran Giresunluoglu goes over Bitcoin-friendly companies trading on the public U.S. Stock Exchange.
Grayscale revealed that Bitcoin products were invested in most, with 66 percent of inflows received from institutional investors.
While crypto industry has dreamed of a Bitcoin ETF since at least 2013, and crypto companies were pushing it hard to get an approval, the SEC hasn’t given green light to any yet. What Bitwise explained is that the SEC are not against crypro ETFs at all.
Grayscale, the company that launched Bitcoin Investment Trust, launches new ‘Digital Large Cap Fund’. The Fund is tied to 5 top cryptocurrencies. Each digital asset will be evaluated, less the fund’s expenses and other liabilities.