The Securities and Exchange Commission’s approval of 11 spot bitcoin ETFs this week could be a turning point for cryptocurrency investing. Ark Invest CEO and Chief Investment Officer Cathie Wood is behind one of the new ETFs. Her firm has partnered with 21Shares to launch the ARK 21Shares Bitcoin ETF. “We really believe this is … Read more
Samara Cohen, chief investment officer of ETFs and index investments at Blackrock, center, rings the bell when bitcoin spot ETFs launch on the Nasdaq in New York on January 11, 2024. Stephanie Keith | Getty Images Bitcoin exchange-traded funds saw big swings during early trading on Thursday, mirroring a volatile day for cryptocurrency prices more … Read more
Brian Armstrong, CEO of Coinbase Global Inc., speaks during the Messari Mainnet Summit in New York on Thursday, September. 21, 2023. Michael Nagle | Bloomberg | Getty Images Now that the SEC has approved the creation of Bitcoin Exchange Traded Funds, Coinbase the crypto market position is about to change dramatically. In the coming weeks … Read more