The United States has only approved ETFs for Bitcoin and Ether, versus some 30 digital asset types in Europe, according to the Financial Times.
Bitcoin ETF news
Since the second quarter, Goldman Sachs has added $300 million to its portfolio in Bitcoin ETF holdings, increasing exposure by 71%.
Spot crypto ETFs in the US have seen outflows for the first time since Donald Trump was elected, as both Bitcoin and Ethereum fell on the day.
Bitcoin is showing no signs of stopping its advance toward $100,000, and several altcoins look poised to follow.
Pro-crypto regulation under the incoming Trump administration could push Bitcoin toward $100,000 by early 2025 as institutions accelerate adoption.
United States investors increased exposure to Bitcoin and Ether ETFs as a strong price rally fueled unprecedented inflows.
The combined daily trading volume of shares in MicroStrategy, Coinbase and Bitcoin ETFs hit $38 billion as Bitcoin breached $89,000.
Veteran trader Peter Brandt says Bitcoin is following a similar pattern from its past, which could lead to a $125,000 BTC price by New Year’s Eve.
Bitcoin is “acting weird,” one commentator argues as BTC price gains fail to capitalize on incremental new all-time highs.
They include options on Bitwise Ethereum ETF, Grayscale Ethereum Trust, and Grayscale Ethereum Mini Trust, as well as “any trust that holds Ether,” the filing said.