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Markets

Fidelity's Jurrien Timmer Says Bitcoin to Consolidate Recent Gains Amid ETF Hangover

Some have forecasted sharp declines in bitcoin's price as traders 'sell the news' post-ETF approval, but Fidelity's Director of Global Macro disagrees.

Fidelity Investments sign (Jonathan Weiss/Shutterstock)

Markets

Grayscale Moves Another 9K Bitcoin to Exchange in Preparation for Sale

The news sent bitcoin tumbling early Tuesday, but the price quickly recovered.

Bitcoin Price (CoinDesk)

Markets

Arthur Hayes Believes Bitcoin ETFs Could Bring in Billions From TradFi

ETFs could open up a line of trading avenues centred around arbitrage, options and financing, Hayes said.

Arthur Hayes (CoinDesk)

Markets

Bitcoin’s Wall Street Debut Ends in Tears for Futures Traders, Leads to $83M Liquidations

Bitcoin ETFs clocked up some $4.6 billion in volumes on their first day, but market volatility hit futures speculators as prices whipsawed.

Bull and Bear (nosheep/Pixabay)

Finance

UBS and Citi Will Let Some Customers Trade Bitcoin ETFs, Contrary to Rumors

The banking giants' decisions contrast with Vanguard's decision to bar customers from buying bitcoin ETFs.

UBS logo (Claudio Schwarz/Unsplash)

Markets

Grayscale, BlackRock Top Bitcoin ETF Volume Ranking as Products Debut

Here's a ranking of the 11 newly trading bitcoin ETFs, in terms of first-day trading volume.

Monad stumbles out the gate (Dallas Reedy/Unsplash)