Cryptos gain alongside stocks.
El banco comenzará a negociar primero los futuros de bitcoin y luego notas de bitcoin negociables en el mercado, según confirmó una fuente a CoinDesk.
“The fear is gone for now, and the market is optimistic,” Arcane Research wrote in a Tuesday newsletter. But not enough to keep bitcoin's price above $50K.
The investments manager said it confidentially filed for a bitcoin futures ETF months ago.
Citi will begin trading CME bitcoin futures first and then bitcoin exchange-traded notes, one of the sources said.
Morgan Creek Capital will serve as a sub-adviser for the AdvisorShares Managed Bitcoin ETF.
Bitcoin rallied after Coinbase announced it will add crypto to its balance sheet.
Analysts expect bitcoin to remain above its 200-day moving average.
The SEC has yet to approve a crypto-based exchange-traded fund.
From the end of June through now, FTX’s market share has grown from 9% to 16%.
The SEC chairman's comments this week are causing issuers to readjust their expectations for the approval of a spot bitcoin ETF.
Bitcoin is declining as regulatory concerns rise; ether is holding support.
Analysts see the cryptocurrency's price as remaining range-bound.
Technical data suggests lower support around $34,000 could stabilize the current pullback.
Bitcoin sellers are expected to cover positions, which could lead to higher prices next week.