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As spot bitcoin ETF volumes continue to rise, Bitwise Asset Management predicts a high ceiling for growth | TechCrunch
Summary
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73% Informative
The price of bitcoin hit $ 50,000 today , a month after the U.S. Securities and Exchange Commission approved 11 spot bitcoin ETFs.
Assets under management at these issuers total around $28.35 billion , making for a market cap of $39.8 billion .
Grayscale Bitcoin Trust leads the pack, followed by BlackRock’s iShares Bitcoin Trust at $3.31 billion .
VR Score
70
Informative language
66
Neutral language
68
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informal
Language
English
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36
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short-lived
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