Bitcoin ETFs begin trading on Cboe, NYSE Arca, and Nasdaq


Following a landmark approval by the United States Securities and Exchange Commission (SEC) on Jan. 10, shares of several spot Bitcoin (BTC) exchange-traded funds have started debuting on exchanges.

As of 2:45 pm UTC on Jan. 11, data from the Cboe BZX Exchange showed that shares of the Bitcoin ETF from ARK 21Shares were trading at $50.18 under the ticker ARKB, those from Invesco Galaxy at $49.59 under BTCO, WisdomTree at $52.13 under BTCW, Fidelity at $44.40 under FBTC, and Franklin Temple at $28.48 under ​​EZBC. The spot BTC ETF offered by VanEck under the ticker symbol HODL did not appear to be live at the time of publication but was set for an opening price of $54.92.

On the Nasdaq Stock Market, shares of the Valkyrie Bitcoin Fund under the ticker BRRR started trading in the pre-market for roughly $20 before dropping to $14.10 at the time of publication. Shares of the iShares Bitcoin Trust — offered by the world’s largest asset manager, BlackRock — under IBIT also surged roughly 22% in some pre-market activity, trading at $28.64 at the time of publication.

The spot Bitcoin ETF offered by Grayscale Investments — one of the offerings that likely contributed to the SEC approval of the investment vehicles — opened at $42.25 under GBTC on the New York Stock Exchange Arca, rising to $42.97 at the time of publication. Shares of the Bitwise Bitcoin Trust started trading at $26.80 under BITB, and the Hashdex Bitcoin Futures ETF — which also holds spot BTC following SEC approval — opened at $60.00 under the ticker DEFI.

This is a developing story, and further information will be added as it becomes available.

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