Bitcoin Futures Attract Biggest Bets Since Terra’s Collapse
Open interest has surged to $11 billion to its highest level in over a year.
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Bitcoin
Open interest has surged to $11 billion to its highest level in over a year.
The largest cryptocurrency by market capitalization has been surging this week after three financial services giants filed applications for spot bitcoin ETFs.
Volatility Shares’ 2x Bitcoin Strategy ETF (BITX) will become the first leveraged crypto ETF available in the United States after the U.S. Securities and Exchange Commission (SEC) let it go effective on Friday, an executive at the company told CoinDesk.
The latest price moves in bitcoin (BTC) and crypto markets in context for June 23, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
The latest price moves in bitcoin (BTC) and crypto markets in context for June 22, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
The world’s largest cryptocurrency by market value, bitcoin, had not reached levels above $30,000 since June 2022.
Investors turned optimistic about Grayscale allowing redemptions in the future after BlackRock’s filing for spot bitcoin ETF last week, one analyst said.