Bloomberg Businessweek cover image

Day One of Bitcoin Trade Fluctuates Following SEC Spot ETFs Approval

Bloomberg Businessweek

Bitcoin Price Volatility and Demand for Bitcoin ETFs on First Day of Trading

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This chapter analyzes the effects of the SEC's approval of Spot Bitcoin ETFs on Bitcoin's price, highlighting the volatility and price fluctuations during the initial trading day. A guest from Bitwise Asset Management shares insights on the reception of Bitcoin ETFs and the high demand they witnessed.

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