ETFs that track the spot price of Bitcoin have become a huge hit since the Securities and Exchange Commission gave them the green light in January. Today, the funds hold more than

Almost $10 billion has poured into US exchange-traded funds investing directly in Bitcoin since Donald Trump became president-elect, in a bet that his embrace of the crypto sector heralds a boom for the market.

Bitcoin was rising on Tuesday, but it looks unlikely that the cryptocurrency’s recent red-hot rally will reignite anytime soon. The world’s largest token crept up 1.2% to $97,329 in early trading. It topped $100,

A sharp correction in the cryptocurrency market triggered $1.7 billion in liquidations within 24 hours, with Bitcoin falling from over $100,000 to nearly $94,000, Coinglass data shows. The selloff resulted in short and long liquidations,