Bitcoin ETFs first US trading day: How it holds up to Europe

01/12/2024 01:14
Bitcoin ETFs first US trading day: How it holds up to Europe

Spot bitcoin (BTC-USD) ETFs began trading Thursday following the US Securities and Exchange Commission's (SEC) decision to approve the offering of them on Wednesday. Yahoo Finance’s Rachelle Akuffo is joined by WisdomTree Global Head of Research Christopher Gannatti — whose firm manages its own bitcoin fund (BTCW) — to discuss the differences between the European and US markets for these crypto ETFs. Wisdom offers eight crypto ETPs (Exchange Traded Products) in Europe. Gannatti sees "massive trading volume" ahead for the US market despite Europe having "a four-year head start." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Eyek Ntekim

Spot bitcoin (BTC-USD) ETFs began trading Thursday following the US Securities and Exchange Commission's (SEC) decision to approve the offering of them on Wednesday.

Yahoo Finance’s Rachelle Akuffo is joined by WisdomTree Global Head of Research Christopher Gannatti — whose firm manages its own bitcoin fund (BTCW) — to discuss the differences between the European and US markets for these crypto ETFs. Wisdom offers eight crypto ETPs (Exchange Traded Products) in Europe.

Gannatti sees "massive trading volume" ahead for the US market despite Europe having "a four-year head start."

For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Editor's note: This article was written by Eyek Ntekim

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