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The Cryptocurrency Market is Moving: What Bitcoin Can Do on Wall Street
Bitcoin celebrated its 15th birthday this month with an enthusiastic entry into Wall Street. Now in its nascent age, this entity may have to grow rapidly.
Investors began trading 11 exchange-traded funds (ETFs) in the U.S. on Jan. 11 after receiving regulatory approval by tracking bitcoin's spot price. After two trading days, they were holding a total of 644,860 bitcoins, valued at more than $27 billion, according to data from analytics firm Glassnode.
Most of these more than 500,000 bitcoins were previously held in the Gr
View OriginalBitcoin celebrated its 15th birthday this month with an enthusiastic entry into Wall Street. Now in its nascent age, this entity may have to grow rapidly.
Investors began trading 11 exchange-traded funds (ETFs) in the U.S. on Jan. 11 after receiving regulatory approval by tracking bitcoin's spot price. After two trading days, they were holding a total of 644,860 bitcoins, valued at more than $27 billion, according to data from analytics firm Glassnode.
Most of these more than 500,000 bitcoins were previously held in the Gr
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