Bitcoin ETFs Surge As King Crypto Hits $106,000
Posted On December 16, 2024
Bitcoin‘s (CRYPTO: BTC) recent surge to an unprecedented $106,000 has led to a notable rise in Bitcoin-based ETFs. This upward movement has positively impacted several ETFs, although Bitcoin has since slightly decreased to $104,008.20.
What Happened: Among the ETFs experiencing gains, Bitwise Bitcoin ETF (NYSE:BITB) rose by 2.35%, while iShares Bitcoin Trust ETF (NASDAQ:IBIT) increased by 2.37%. The Grayscale Bitcoin Trust (NYSE:GBTC) also saw a 1.77% rise. Additionally, the Fidelity Wise Origin Bitcoin Fund (BATS:FBTC) grew by 2.36%, and the ARK 21Shares Bitcoin ETF (BATS:ARKB) rose …
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