Bitcoin Holds Above $40K Ahead of U.S. GDP, $5.8B Crypto Options Expiry
Submitted by Anonymous (not verified) on Thu, 01/25/2024 - 12:40Traders have scaled back bets of aggressive rate cuts by the Federal Reserve ahead of the U.S. GDP report.
Traders have scaled back bets of aggressive rate cuts by the Federal Reserve ahead of the U.S. GDP report.
CoinShares said the decision is a direct result of the SEC's approval of the listing of a spot bitcoin ETF.
CoinShares said the decision is a direct result of the SEC's approval of the listing of a spot bitcoin ETF.
The number of shares to be offered and the price range for the proposed offering hasn't been set.
The number of shares to be offered and the price range for the proposed offering hasn't been set.
Just one potential spot bitcoin ETF issuer has set a management fee above 1%, and many of the others are asking for less than 0.5%.
Just one potential spot bitcoin ETF issuer has set a management fee above 1%, and many of the others are asking for less than 0.5%.
Two influential analysts have tipped odds at over 90% ahead of the Securities and Exchange Commission decision.
Two influential analysts have tipped odds at over 90% ahead of the Securities and Exchange Commission decision.
So far, only six potential spot bitcoin ETF issuers have revealed their charge, and Fidelity is the cheapest.
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