Bitcoin ETFs approved in US, ASX to follow

[Administrator]

Bitcoin exchange-traded funds (ETFs) have been granted approval to list on the stock market in the US, with the ASX set to approve its first Bitcoin ETF by mid-2024.

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[pmbug]

Grayscale, the manager of GBTC, is claiming bragging rights for being the first of the newly approved crop of spot bitcoin (BTC) exchange-traded funds (ETFs) to begin trading, a representative for the firm said on Thursday.

“I am happy to confirm that GBTC started pre-market trading at 4 am EST this morning,” Grayscale’s head of comms Jennifer Rosenthal said via email.
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Grayscale Claims Bragging Rights for First Spot Bitcoin ETF to Begin Trading

Grayscale's conversion of its $27 billion bitcoin trust into an ETF was finally approved by the Securities and Exchange Commission (SEC) on Wednesday

www.coindesk.com

 

[Shlomo Goldberg]

‘Worthless’ Bitcoin a tool for criminals – JPMorgan boss

Cryptocurrencies are only suitable for illegal activities like money laundering and tax avoidance, Jamie Dimon says

www.rt.com

 

[pmbug]

Dimon shilling for the central banks. They don't want competition.

 

[pmbug]

I woke up this morning and see BTC above $72k - a new ATH in USD. It might double from here before the end of next year if the US economy doesn't crash into the shitter (banking crisis + CRE debt crash potentially looming).

 

[Silver Soul]

wait for the crash, and cry pandemic