January 12, 2024 BY Elizabeth Anderson

Bitcoin ETFs debut with a flair on Wall Street

This Thursday, 11 January debut follows a day after the SEC approved direct investing in bitcoin. In total, the regulator approved 11 ETFs, steered by financial wealth managers such as BlackRock Inc. (BLK), Fidelity Investments (FBTC), and the Grayscale Bitcoin Trust (BTC). Bloomberg reports that approximately $4.6bn did the rounds after a fierce first day…

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