Bitcoin ETFs And Politicians Being Bullish
The week was filled with amazing headlines, including bitcoin ETFs and bullish politicians, that seemed worlds away just a short time ago.Summary of the WeekDespite some relative sideways action during the week, there was a lot of excellent news and even more bullish news; a new layout for this week’s roundup. It was another week of ETFs, billionaires and politicians being bullish and Jack Dorsey’s companies pushing further into the bitcoin space. Let’s have a look at this week in bitcoin.MondayThe week started off bullish, despite dipping below $60,000 last weekend. A report revealed that....
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The head of Defiance ETFs says she is “completely bullish on bitcoin.” Noting that it is a “good time” to get into the cryptocurrency, she explained why she believes the price of bitcoin will reach $100K.
CEO of Defiance ETFs Bullish on Bitcoin
Sylvia Jablonski, chief executive officer, chief investment officer, and co-founder of Defiance ETFs, explained her bullishness on bitcoin despite recent price declines in an interview with CNBC Thursday.
Defiance ETFs is an exchange-traded funds (ETFs) sponsor and registered investment advisor....
Crypto enthusiasts and the government have long contended over the Bitcoin ETF. Let’s examine Bitcoin spot vs futures ETFs. How many Bitcoin ETFs are there?There are various companies offering Bitcoin ETFs, and each is available on their own respective exchanges.While the only Bitcoin ETFs in existence are Bitcoin futures ETFs, there are quite a few out there in which one can choose to invest. This article previously mentioned the ProShares BITO Bitcoin futures ETF, which currently holds around $1 billion in investments. BITO is listed on the Chicago Mercantile Exchange (CME). Another....
Global investment bank JPMorgan says inflation concerns are pushing the price of bitcoin to record highs, rather than interest in recently launched bitcoin futures exchange-traded funds (ETFs). Noting that investors are pulling out of gold ETFs into bitcoin funds, the firm noted, “The flow shift remains intact supporting a bullish outlook for bitcoin into year-end.”
JPMorgan Sees Inflation Driving up the Price of Bitcoin
JPMorgan Chase’s analysts, led by Nikolaos Panigirtzoglou, published a research note last week explaining that inflation has been driving....