Bitcoin ETFs

Warren Buffett’s Berkshire Hathaway invested exactly $500 million into digital bank, Nubank and acquired the Easynvest brokerage company.

As reported by CNBC, the two financial firms will offer their customers investments in Bitcoin ETFs later this year.

Warren Buffett might have changed his mind on bitcoin after the lunch with CEO of the TRON Foundation, Justin Sun, Charlie Lee and Yoni Assia when he was gifted a phone with some Bitcoin and Tron in a Wallets inside it.

Purpose Bitcoin ETF hosted by Purpose investment hit an ail-time high of 19,692.149 BTC, irrespective of the market Volatility seen in the price of Bitcoin.

This shows that Canadians are buying the dip. Purpose Bitcoin holdings increased by 963 BTC in the last one month, an indication that the ETF has been gradually increasing over time.

The total holdings is worth about $709 million at the current price amount.

Cathie Wood’s ARK Investment applied for a Bitcoin ETF in partnership with investment product firm 2iShares, according to submitted files with U.S SEC.

The Bitcoin ETF tagged “ARK 2iShares Bitcoin ETF” would leverage 2iShares’ pro experience in dealing with exchange-traded products especially in Europe.

This adds ARK Investment and 2iShares into the growing list of companies awaiting SEC approval of a bitcoin ETF.

Author: Mcrypto

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