Tag: stock

Bakkt stock tumbles nearly 30% after losing Bank of America and Webull

coiner

Crypto firm Bakkt’s share price plummeted over 27% on March 18 after the company revealed that two of its largest clients, Bank of America and Webull, would not be renewing their commercial agreements. In a March 17 regulatory filing, Bakkt said it had received notice of Bank of America not renewing its commercial agreement when the deal expires on April 22. It also disclosed that the brokerage platform Webull had also decided not to renew its agreement when it ends on June 14.  Bank of America represented 17% of Bakkt’s…

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Australia's Largest Stock Exchange Approves It's Second Bitcoin ETF

coiner

Australia’s leading stock exchange, the Australian Securities Exchange (ASX), has approved listing the second Bitcoin exchange-traded fund (ETF) on its platform. BREAKING: 🇦🇺 Australia’s largest stock exchange has approved its second spot #Bitcoin ETF. pic.twitter.com/SY5vIGEm4a — Bitcoin Magazine (@BitcoinMagazine) July 9, 2024 On July 9th, the ASX gave the green light to digital asset manager DigitalX to launch a spot Bitcoin ETF. The new ETF will begin trading on July 12th under the ticker BTXX. This comes just weeks after the ASX approved its first Bitcoin ETF in June when it…

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