Leveraged BTC ETF Launches on CBOE, Prime Trust Placed in Receivership
Jun 27, 2023
Market Update Bitcoin continues to hover above $30k, gaining 2% over the last day. $ETH has bucked its trend of underperforming $BTC, with $ETHBTC up 0.72% today, although its medium-term downtrend remains intact. The crypto market turned higher after news broke that Fidelity had potentially joined other large asset management companies in filing for a spot $BTC ETF. While Fidelity previously filed for a similar ETF in 2021, the SEC rejected that effort last year. $BCH and $PEPE continue to outperform among the top 100 over the last week, with $BCH benefiting from its listing on the instituti