[ad_1] True, bitcoin is not guaranteed to rise in price and could even drop to $0. And true, as Sommer points out, there are other ways to gain exposure to crypto via traditional routes, like buying other indexes that invest in crypto-related stocks, like Coinbase, MicroStrategy or the many publicly listed mining companies. [ad_2] Source … Read more
[ad_1] Over the past 30 days, Ethereum (ETH), the second-largest cryptocurrency, has experienced a notable surge of 17%, outperforming Bitcoin (BTC), which has recorded a surge of 2.5% over the same period. This comes as the initial excitement surrounding the approval of the exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC) appears … Read more
[ad_1] In a significant development that could potentially impact the Bitcoin price, Arkham Intelligence data reveals that Grayscale, the manager and owner of the Grayscale Bitcoin Trust (GBTC), has been sending a significant amount of Bitcoin to Coinbase since the launch of Bitcoin spot exchange-traded funds (ETFs) on January 12. Grayscale Bitcoin Trust Initiates Substantial … Read more
[ad_1] Coinbase, the largest cryptocurrency exchange in the United States, is presently serving as the custodian of the majority of the Spot Bitcoin ETFs managed by various asset management companies in the industry. This notable concentration is raising worries in the crypto community about significant centralization and potential risks associated with the custodianship. Coinbase Dominate … Read more