Buying Guides

As Billions Of Dollars Flowed Into Bitcoin ETFs, Crypto Stocks Like MicroStrategy, Coinbase Got Left Behind In The Dust

Published by

Stocks that offer investors exposure to Bitcoin (CRYPTO: BTC) have experienced a downturn following the apex cryptocurrency’s price drop to levels below $41,000, despite initial enthusiasm surrounding the introduction of spot crypto exchange-traded funds (ETFs) in the United States. Companies holding significant Bitcoin assets, including MicroStrategy Inc (NASDAQ:MSTR) and Coinbase Inc (NASDAQ:COIN), have seen their stock prices fall over the last month. These equities provide a way for investors to gain exposure to cryptocurrencies without direct investment in such digital assets. However, wi…

Read More

Previous articleDollar steady ahead of inflation data; euro eases on ECB rate cut hopes

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button