ASX’s First Bitcoin ETF Ends First Day at $1.3M Trading Volume
The Australian Securities Exchange’s first Bitcoin exchange-traded fund (ETF) concluded its inaugural trading day with a trading volume of $1.3 million. The total trading volumes of the United States’ spot Bitcoin ETFs on the first day were $4.5 billion, with an average of approximately $450 million per fund. This is significantly lower than the inaugural […]
BTC Breaks $47,000, VanEck Seeds Bitcoin ETF With $72 Million
At the forefront is the investment firm VanEck, which, as disclosed in its amended S-1 form, has taken decisive action by establishing its potential spot Bitcoin ETF with an initial investment of $72.5 million. On Monday, Bitcoin (BTC), the largest cryptocurrency in the world, surpassed $47,000 as issuers including BlackRock, Fidelity, and others filed updated paperwork with […]