Fidelity Investments

Bitcoin Has Dropped About 20% Since Landmark US Spot ETFs Began Trading

Business
Jessica Roberts

(Bloomberg) — Bitcoin has fallen almost 20% since the Jan. 11 launch of the first exchange-traded funds investing directly in the token ...

The SEC just approved spot bitcoin ETFs. Here’s what investors should know.

Business
Jessica Roberts

The Securities and Exchange Commission on Wednesday granted approval to spot bitcoin exchange-traded funds, or ETFs, backed by Wall Street, a key ...

Elon Musk’s X now worth 71% less than when billionaire bought it as Twitter

Business
Jessica Roberts

Tech By Anders Hagstrom, Fox Business Published Jan. 1, 2024, 5:16 p.m. ET X, the platform formerly known as Twitter, is worth ...

Bitcoin Hits $35,000 for First Time Since 2022 on ETF Optimism

Business
Jessica Roberts

(Bloomberg) — Bitcoin extended a rally fueled by expectations of fresh demand from exchange-traded funds, reaching the highest price since May last ...