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Bitcoin
Bitcoin is the pioneer of blockchains and cryptocurrencies, introduced in a white paper released in 2008 by an apparently pseudonymous person or group of people known as Satoshi Nakamoto. The document described a peer-to-peer method of transferring money without the use of financial institutions. The cryptocurrency known as bitcoin or BTC debuted in 2009. Transactions are recorded on a public ledger (a blockchain) by entities known as miners who engage in process called proof-of-work. Miners are rewarded for doing that by getting newly minted bitcoin. Some proponents view BTC as an alternative to fiat currencies and a hedge against inflation. Bitcoin has inspired the creation of numerous other cryptocurrencies and blockchain projects.
DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person
Bitcoin Hits All-Time High Above $66K on Strength of ProShares ETF Debut
The latest rally appears fueled by the successful debut on Tuesday of the first U.S. bitcoin futures exchange-traded fund.
Ether Awaits Price Breakout After Bitcoin’s Record Daily Close
Ether lags bitcoin as the latter nears a record high price.
Bitcoin Options Open Interest Tops $14B as ProShares ETF ‘BITO’ Goes Live
A pickup in options activity ahead of bitcoin’s ETF listing signifies increased participation by sophisticated investors.
ProShares Bitcoin Futures ETF ‘BITO’ Hauls In $570M of Assets in Stock-Market Debut
According to ProShares, the fund’s sponsor, the new ETF’s assets shot to $570 million from $20 million on its first day of trading.
Market Wrap: ProShares Bitcoin Strategy ETF Rises in Trading Debut, Sending BTC Higher
Bitcoin hits a six-month high as the first bitcoin futures ETF to list in the U.S. completes its initial day on the market.
Bitcoin Hits 6-Month High as First Bitcoin Futures ETF ‘BITO’ Starts Trading
The ProShares Bitcoin Strategy exchange-traded fund started with $20 million of seed capital.
Bitcoin Hits 6-Month High as First US Bitcoin Futures ETF ‘BITO’ Starts Trading on NYSE
Bitcoin’s price surged Tuesday to a six-month high, climbing past $63,000 as ProShares’ much-anticipated, futures-focused exchange-traded fund (ETF) began trading on the New York Stock Exchange (NYSE). Anthony Saccaro, President and CEO of Providence Financial and Insurance Services, discusses his advice for clients looking to get bitcoin exposure and invest in bitcoin futures ETFs.
