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Home»ETHEREUM NEWS»Grayscale is the first ETF to begin trading.
ETHEREUM NEWS

Grayscale is the first ETF to begin trading.

By Crypto FlexsJanuary 11, 20241 Min Read
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Grayscale is the first ETF to begin trading.
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Spot Bitcoin ​ETF has finally been approved in the United States after 10 years of effort. The Securities and Exchange Commission gave approval on Wednesday. main documents In the market where you want to list a groundbreaking product. Trading starts today. price of bitcoin Exceeded $47,500 Following the decision, it is currently trading at around $47,000. About a dozen companies, including BlackRock, Fidelity, and Grayscale, have attempted to create Bitcoin ETFs. This is a spot ETF that holds Bitcoin itself, unlike the already approved Bitcoin futures ETFs that hold derivative contracts linked to BTC. The hotly anticipated product will debut in the US markets operated by NYSE, Cboe Global Markets and Nasdaq, with support from major trading firms planning to provide liquidity.

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