Fund Management

Crypto investors' hope for Bitcoin ETFs shattered: "A sell the news event"

Crypto investors’ thesis that the bitcoin price would rise in the wake of the approval of the first bitcoin ETFs at the beginning of the month has now been debunked.
Samara Cohen, Chief Investment Officer of ETF and Index Investments at Blackrock, rings the opening bell as Bitcoin Spot ETFs are launched on the Nasdaq Exchange on January 11 | Photo: Stephanie Keith/AFP/Ritzau Scanpix
Samara Cohen, Chief Investment Officer of ETF and Index Investments at Blackrock, rings the opening bell as Bitcoin Spot ETFs are launched on the Nasdaq Exchange on January 11 | Photo: Stephanie Keith/AFP/Ritzau Scanpix
Finans
by DANIEL SKINBJERG

Those who were expecting the bitcoin price to skyrocket in the wake of the US Securities & Exchange Commission (SEC) opening up the first bitcoin ETFs have been sorely disappointed.

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