-
BTC 60,680.00 (-2.67%) -
ARS 1,084.50 (+1.61%) -
ETH 2,994.41 (-4.92%) -
SOL 127.96 (-5.80%) -
PEPE <0.01 (-5.72%) -
ENA 0.81 (-3.92%) -
XRP 0.50 (-2.50%) -
DOGE 0.13 (-5.12%) -
ETHFI 3.86 (-11.39%) -
WIF 2.45 (-7.43%) -
PENDLE 4.34 (-16.76%) -
BONK <0.01 (-8.83%) -
AVAX 32.72 (-4.30%) -
NEAR 6.14 (-9.09%) -
BOME <0.01 (-6.81%) -
RUNE 4.72 (-4.84%) -
WLD 4.32 (-6.91%) -
TRX 0.12 (+0.70%) -
ORDI 35.82 (-12.36%) -
SEI 0.56 (-9.64%) -
AMP <0.01 (+4.77%) -
OP 2.33 (-5.74%) -
MATIC 0.66 (-5.80%) -
SUI 1.10 (-7.10%) -
ADA 0.43 (-5.50%)
Cathie Woods ARK sells Grayscale Bitcoin Trust shares as BTC hits 34K
Published: 2023-10-24
1. The main topic of the article is the sale of GBTC stock and its impact on the prospects of a Bitcoin ETF. The article discusses how ARK Investment Management LLC has been actively selling its shares of Grayscale Bitcoin Investment Trust (GBTC) and how this may potentially affect the chances of a Bitcoin exchange-traded fund (ETF) being approved by the U.S. Securities and Exchange Commission (SEC). ARK's decision to sell GBTC shares is seen as a strategic move to reallocate its Bitcoin exposure and reduce the premium associated with GBTC.
2. Another topic highlighted in the article is the current obstacles and challenges in launching a Bitcoin ETF. The author mentions the SEC's concerns about market manipulation,investor protection,and the lack of sufficient oversight in the cryptocurrency market. The article also mentions the failed attempts of several companies to launch a Bitcoin ETF,including the recent rejection of the Winklevoss twins' proposal. Despite these challenges,some experts remain optimistic about the eventual approval of a Bitcoin ETF,citing the increasing institutional interest and regulatory developments within the crypto space.
3. Additionally,the article touches upon the potential impact of a Bitcoin ETF on the cryptocurrency market. The author discusses how a Bitcoin ETF could potentially bring significant inflows of institutional capital into the market,leading to increased liquidity,price stability,and mainstream adoption of cryptocurrencies. The article also mentions the potential benefits of a Bitcoin ETF for retail investors,providing them with an easier and more secure way to gain exposure to Bitcoin without the complexities of purchasing and storing the digital asset directly. In summary,the article mainly focuses on the sale of GBTC stock by ARK Investment Management and its implications for a Bitcoin ETF,as well as the current challenges and potential impact of a Bitcoin ETF on the cryptocurrency market.
Reference: cointelegraph.com
The most traded coin
(Update every 1 hour)
| at | from | is ($US) | turnover ($) |
|---|---|---|---|
| 1 | BTC |
60,680.00 | 2,553,520,388.88 |
| 2 | ARS |
1,084.50 | 2,136,359,325.90 |
| 3 | ETH |
2,994.41 | 1,373,858,099.22 |
| 4 | SOL |
127.96 | 702,182,690.75 |
| 5 | PEPE |
<0.01 | 352,658,412.35 |
| 6 | ENA |
0.81 | 245,666,063.63 |
| 7 | XRP |
0.50 | 177,059,281.37 |
| 8 | DOGE |
0.13 | 176,999,302.61 |
| 9 | ETHFI |
3.86 | 163,171,113.47 |
| 10 | WIF |
2.45 | 147,164,700.84 |
| 11 | PENDLE |
4.34 | 103,337,167.25 |
| 12 | BONK |
<0.01 | 102,170,590.89 |
| 13 | AVAX |
32.72 | 88,572,567.19 |
| 14 | NEAR |
6.14 | 83,936,765.17 |
| 15 | BOME |
<0.01 | 81,460,568.80 |
| 16 | RUNE |
4.72 | 71,376,994.59 |
| 17 | WLD |
4.32 | 65,913,619.74 |
| 18 | TRX |
0.12 | 64,527,678.40 |
| 19 | ORDI |
35.82 | 58,886,744.38 |
| 20 | SEI |
0.56 | 56,042,513.51 |
| 21 | AMP |
<0.01 | 54,135,249.66 |
| 22 | OP |
2.33 | 53,056,930.47 |
| 23 | MATIC |
0.66 | 51,453,852.79 |
| 24 | SUI |
1.10 | 48,366,115.60 |
| 25 | ADA |
0.43 | 45,436,820.87 |
The price of coins is falling rapidly.
(Update every 1 minute)
| at | from | is ($US) | reduce (%) |
|---|---|---|---|
| 1 |  COS |
0.01 | -19.47 |
| 2 | PENDLE |
4.34 | -16.76 |
| 3 |  COMBO |
0.67 | -15.59 |
| 4 |  OM |
0.69 | -13.95 |
| 5 |  SKL |
0.07 | -12.97 |
| 6 |  IRIS |
0.02 | -12.63 |
| 7 | ORDI |
35.82 | -12.36 |
| 8 |  SSV |
41.81 | -12.27 |
| 9 |  ATA |
0.22 | -12.10 |
| 10 |  OOKI |
<0.01 | -12.04 |
| 11 |  WAVES |
2.34 | -11.92 |
| 12 |  LDO |
1.86 | -11.73 |
| 13 |  ORN |
1.46 | -11.47 |
| 14 | ETHFI |
3.86 | -11.39 |
| 15 |  HIGH |
3.55 | -11.24 |
| 16 |  METIS |
57.75 | -10.30 |
| 17 |  EPX |
<0.01 | -10.28 |
| 18 |  BEAMX |
0.02 | -10.22 |
| 19 |  OMNI |
17.88 | -10.15 |
| 20 |  OAX |
0.21 | -10.14 |
| 21 |  COTI |
0.10 | -9.92 |
| 22 |  DAR |
0.13 | -9.91 |
| 23 |  ASTR |
0.09 | -9.80 |
| 24 |  RLC |
2.43 | -9.79 |
| 25 |  VOXEL |
0.22 | -9.65 |
| 26 | SEI |
0.56 | -9.64 |
| 27 |  SAGA |
3.22 | -9.62 |
| 28 |  ACE |
4.66 | -9.57 |
| 29 |  TRU |
0.10 | -9.47 |
| 30 |  FIDA |
0.28 | -9.47 |
Bitcoin's Greed and Fear Index.
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US news that has a significant impact on the market
| at | news | day | date | time |
|---|---|---|---|---|
| 1 | Employment Cost Index q/q | Tuesday | 30-04-2024 | 13:30 |
| 2 | S&P/CS Composite-20 HPI y/y | Tuesday | 30-04-2024 | 14:00 |
| 3 | HPI m/m | Tuesday | 30-04-2024 | 14:00 |
| 4 | Chicago PMI | Tuesday | 30-04-2024 | 14:45 |
| 5 | CB Consumer Confidence | Tuesday | 30-04-2024 | 15:00 |
| 6 | ADP Non-Farm Employment Change | Wednesday | 01-05-2024 | 13:15 |
| 7 | Final Manufacturing PMI | Wednesday | 01-05-2024 | 14:45 |
| 8 | ISM Manufacturing PMI | Wednesday | 01-05-2024 | 15:00 |
| 9 | JOLTS Job Openings | Wednesday | 01-05-2024 | 15:00 |
| 10 | ISM Manufacturing Prices | Wednesday | 01-05-2024 | 15:00 |
| 11 | Construction Spending m/m | Wednesday | 01-05-2024 | 15:00 |
| 12 | Wards Total Vehicle Sales | Wednesday | 01-05-2024 | 15:15 |
| 13 | Crude Oil Inventories | Wednesday | 01-05-2024 | 15:30 |
| 14 | Federal Funds Rate | Wednesday | 01-05-2024 | 19:00 |
| 15 | FOMC Statement | Wednesday | 01-05-2024 | 19:00 |
| 16 | FOMC Press Conference | Wednesday | 01-05-2024 | 19:30 |
| 17 | Challenger Job Cuts y/y | Thursday | 02-05-2024 | 12:30 |
| 18 | Unemployment Claims | Thursday | 02-05-2024 | 13:30 |
| 19 | Prelim Nonfarm Productivity q/q | Thursday | 02-05-2024 | 13:30 |
| 20 | Prelim Unit Labor Costs q/q | Thursday | 02-05-2024 | 13:30 |
| 21 | Trade Balance | Thursday | 02-05-2024 | 13:30 |
| 22 | Factory Orders m/m | Thursday | 02-05-2024 | 15:00 |
| 23 | Natural Gas Storage | Thursday | 02-05-2024 | 15:30 |
| 24 | Average Hourly Earnings m/m | Friday | 03-05-2024 | 13:30 |
| 25 | Non-Farm Employment Change | Friday | 03-05-2024 | 13:30 |
| 26 | Unemployment Rate | Friday | 03-05-2024 | 13:30 |
| 27 | Final Services PMI | Friday | 03-05-2024 | 14:45 |
| 28 | ISM Services PMI | Friday | 03-05-2024 | 15:00 |
| 29 | FOMC Member Williams Speaks | Saturday | 04-05-2024 | 01:15 |
