Bitcoin ETFs approved in US, ASX to follow

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.

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).