VanEck’s Spot Bitcoin ETF Goes Live on Australia’s Biggest Stock Exchange
The VanEck Bitcoin ETF rose 1% on its debut after trading 99,791 shares.
World of Cryptocurrency
The VanEck Bitcoin ETF rose 1% on its debut after trading 99,791 shares.
The ratio has declined 35% in one month, reaching the lowest since March 13.
Bernstein analysts predict Bitcoin ETFs are “on the verge of approval” at major brokerages and major private bank platforms
The latest price moves in crypto markets in context for June 19, 2024.
The excitement surrounding the impending debut of spot ether ETFs in the U.S. has investors anticipating higher ether price swings relative to bitcoin.
Spot bitcoin ETFs are expected to be approved by major wirehouses and large private bank platforms in the third and fourth quarters, the report said.
Prospective providers of spot ether ETFs in the U.S. removed provision for staking from their applications to avoid potential regulatory roadblocks.
The lack of immediate catalysts to prop up markets in the near-term are likely weighing down token prices, one trader said.
Bloomberg analyst Eric Balchunas revised the estimated timeline for the launch of the highly anticipated altcoin Ethereum ETF.