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BTC, DOGE Rise, ETH Falls; BlackRock ETF Hits $1B, Analyst: "Opportunity" to Buy ETH

Benzinga ·  20:55

Leading cryptocurrencies rose Tuesday with the successful debut of spotBitcoin(CRYPTO: BTC) exchange-traded funds (ETFs) options.

Cryptocurrency

Gains +/-

Price (Recorded at 7:45 p.m. ET)

Bitcoin (CRYPTO: BTC)

+1.46%

$92,264.28

Ethereum (CRYPTO: ETH)

-1.96%

$3,112.15

Dogecoin (CRYPTO: DOGE)

+4.77%

$0.3875

What Happened: Bitcoin recorded a new all-time high after breaching $94,000. The rally came after Nasdaq listed options forBlackRock'siShares Bitcoin Trust ETF(NASDAQ:IBIT) for the first time, giving a fillip to institutional adoption of the world's largest cryptocurrency.

Robert Mitchnick, BlackRock's head of digital assets, told a panel at the Benzinga Future of Digital Assets conference that the options trading volume breached the 1 billion mark on its first day.

Ethereumwiggled in the $3,100 zone throughout the...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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