
Bitcoin’s brief rally to $49k and subsequent decline to $46k liquidates $100M in 4 hours
The newly launched Bitcoin ETFs are enjoying record trading activities within their early hours of trading.
Follow crypto ETF news, approvals, inflows, issuers, and market reactions across spot Bitcoin, Ethereum, and digital asset funds.
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CEO Michael Sonnenshein called the event a "monumental step forward."

After over a decade of hesitation, the SEC's green light for spot Bitcoin ETFs signals a new era for crypto in mainstream finance.

Bloomberg ETF analyst Eric Balchunas expects the SEC will make the official approval announcement between 4pm to 6pm Eastern Time.

Lee believes that institutional adoption will increase the legitimacy of Bitcoin and attract large-scale investments, boosting demand and, consequently, its price.

BlackRock looks to offer one of the lowest fee among providers.

Six applicants now plan to temporarily waive their sponsor's fees.



