Vanguard’s decision to not offer its users access to bitcoin ETFs has sparked a backlash among some customers, who have decided to close their brokerage accounts and move their money to other platforms. Vanguard users have found themselves unable to buy shares in spot bitcoin ETFs, which started trading on Thursday after the U.S. Securities
PAW PAW, Mich. (WOOD) — Van Buren County deputies are warning of an uptick in scams involving cryptocurrency, that the people they’ve heard from recently have lost nearly $100,000 all together. The scams work like this: Victims will get emails that look like they’re from legitimate companies, often referencing a bill or a virus. “An
An American truck driver invested $650 in SHIB token in 2020 and saw it grow to a staggering $1.7 million by 2021, following a rise of about 45 million percent in SHIB’s value in nine months. Following his windfall, the driver resigned from his job, securing his children’s college funds and opening the possibility of
As I waited with the rest of the world for the first bitcoin ETF to be approved, one thing has been gnawing at me: With a handful of exceptions including Fidelity and VanEck, nearly every applicant for a spot bitcoin ETF intends to use Coinbase as its custodian. David Schwed is chief operating officer of
Looking back over my past predictions about the future, it’s clear that my columns have represented a lot of wishful thinking. Like Oscar Wilde, who once said he could resist anything except temptation, I can predict anything, as long as it’s not about the future. Although I’ve often been wrong about what will happen in
peterschreiber.media/iStock via Getty Images The approval of several exchange traded funds by the U.S. Securities and Exchange Commission was an important milestone for the asset class and will increase pent-up demand for it, said Jonathan Steinberg, WisdomTree CEO. WisdomTree Bitcoin Trust (BTCW) is among the ETFs that were approved on Wednesday. Others include Grayscale Bitcoin
Netflix Shares Gain on Strong Ad-Tier Plan Take-up 6 minutes ago Netflix (NFLX) was the best-performing stock in the S&P 500 Thursday after an executive said the company’s ad-supported plan had attracted 23 million monthly users. President of Advertising Amy Reinhard said during the Variety Entertainment Summit at the 2024 Consumer Electronics Show that the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Bitcoin trading volumes surged after the first US exchange traded funds with direct exposure to the world’s largest cryptocurrency made a long-awaited debut on stock exchanges. Nine new ETFs and two conversions from other products
Eoneren Spot bitcoin exchange-traded funds started trading on U.S. exchanges for the first time on Thursday as investors piled into the highest-profile crypto, bitcoin (BTC-USD), and other major tokens. The biggest and oldest token (BTC-USD) increased 2.5% to $46.7K at 10:52 a.m. ET, after reaching as high as $49K — the highest level seen since
The price of first decentralised cryptocurrency Bitcoin surged over 5%, reaching intraday high to $49,012 on Thursday, January 11, after the US Securities and Exchange Commission (SEC) greenlit the establishment of Bitcoin exchange-traded funds (ETFs) by investment firms, signalling a potential revival for the world’s largest cryptocurrency token by market capitalization. In fact, the daily