Cathie Wood Sees Bitcoin Price Reaching $1.5M by 2030 After ETF Approval
ARK Invest’s CEO previously predicted the price to reach $1 million by 2030.
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ARK Invest’s CEO previously predicted the price to reach $1 million by 2030.
Bitcoin hit its highest price in more than two years Thursday before it fell back to $46,000 as the highly anticipated spot bitcoin ETF debut unleashed volatility.
The fund saw about $400 million of inflows within 30 minutes of its trading debut, CF Benchmarks said.
The crypto exchange has a dominant role in all but one of the approved ETFs, acting as an issuer or custodian, the report said.
Grayscale received the regulatory green light to convert its flagship product into an ETF on Wednesday.
Majority of token holders favor onboard PYUSD in AAVE’s Ethereum pool, the ongoing vote shows.
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler conceded that the regulator’s loss in court over rejecting Grayscale’s application for a spot bitcoin exchange-traded fund (ETF) left it little recourse but to approve about a dozen such proposals Wednesday.
Ophelia Snyder says it is impossible to conceptualize the changes in bitcoin trading volumes likely through ETF inflows.
U.S. Treasuries are a gateway for tokenization efforts, and has grown to a $850 million market from $100 million over the past year, rwa.xyz data shows.
Tune.FM provides musicians with a platform to receive micropayments for streaming in its native JAM token (JAM).