‘The Great Accumulation’ of Bitcoin has begun, says Gemini’s Winklevoss By Cointelegraph
[ad_1]
© Reuters
Recently renewed optimism for an approved (BTC) spot exchange-traded fund (ETF) is igniting “The Great Accumulation Race” for Bitcoin, according to industry pundits.
Over the past week, Fidelity, Invesco, Wisdom Tree and Valkyrie have followed investment giant BlackRock (NYSE:) in applying for a Bitcoin spot ETF with the United States Securities Exchange Commission, which some analysts believe is the reason for Bitcoin’s 19% price surge to $30,240 since June 16.
Continue Reading on Coin Telegraph
[ad_2]
Source link
© Reuters
Recently renewed optimism for an approved (BTC) spot exchange-traded fund (ETF) is igniting “The Great Accumulation Race” for Bitcoin, according to industry pundits.
Over the past week, Fidelity, Invesco, Wisdom Tree and Valkyrie have followed investment giant BlackRock (NYSE:) in applying for a Bitcoin spot ETF with the United States Securities Exchange Commission, which some analysts believe is the reason for Bitcoin’s 19% price surge to $30,240 since June 16.
Continue Reading on Coin Telegraph
About The Author
