The rise in $BTC futures trading comes in parallel to a bump in volumes and buying activity in the crypto options markets, used mainly by sophisticated investors to hedge against price swings or take levered bets on bitcoin movements. By shauryamalwa.
and buying activity on bitcoin options markets, used mainly by sophisticated investors to hedge against price swings or take levered bets on bitcoin movements.
Some market observers say the trend is likely to continue should ETF applications from traditional finance giants such as BlackRock be approved in the coming months. “Bitcoin’s rally is part of a larger trend signaling a shift towards bitcoin as a distinctly strong and established store of value,” shared Alex Adelman, CEO of bitcoin rewards app Lolli, in an email last week.
“The recent burst of bitcoin ETF applications from leading institutions like BlackRock, Fidelity, and Invesco shows that new regulatory guidelines are the greenlight institutions have been waiting for to launch bitcoin-based products and meet client demand,” Adelman added.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
ProShares' Bitcoin Futures ETF Racks Up Biggest Weekly Inflow in a YearProShares’ Bitcoin Strategy ETF (BITO) – a $BTC futures fund – last week recorded the highest weekly inflows in over a year. By shauryamalwa.
Leer más »
U.S. stock futures little changed after short-lived Wagner mutiny in Russia; oil futures riseU.S. stock-index futures opened near unchanged and attempted to edge higher Sunday night, as investors reacted to chaotic weekend events that saw a...
Leer más »
Bitcoin ETF fever returns: 'Biggest' inflow to ProShares' BITO in a yearThe oldest Bitcoin ETF in the US saw an uptick in weekly capital inflows as institutional investors seemingly had their interest revived by BlackRock’s application for a spot Bitcoin fund.
Leer más »
Brit Gets Prison Time for Twitter Hack Impersonating Biden, Buffett in Bitcoin Scheme – Bitcoin NewsA U.K. citizen has been sentenced by а New York court to five years in prison for his role in a Twitter hack and for cryptocurrency theft.
Leer más »
4 Soaps and Scents That Attract Mosquitoes, Experts SayDo the soaps or scents you use attract mosquitoes? These four factors could be to blame if you get bitten often, experts say.
Leer más »
Stock futures are little changed ahead of final week of trading in June: Live updatesStock futures tk on Sunday evening as Wall Street headed toward a winning first half of the year.
Leer más »