Week in review: October 22, 2021 - The first US Bitcoin ETF began trading

In this week's newsletter:

  • Transcard partners with ALT 5 Sigma to offer digital assets to its clients.
  • This week marked a major milestone in the crypto world as the first U.S. Bitcoin ETF began trading on Tuesday.
  • Bitcoin smashes through all-time high surpassing $66k USD!

Read our weekly round up below.

Transcard Partners With ALT 5 Sigma To Offer Digital Assets To Its Clients

Yahoo Finance: October 21, 2021

Through the partnership, ALT 5 Sigma's platform will provide a turnkey solution to financial institutions and businesses using Transcard's payment solutions including liquidity, banking, and payments via ALT 5 Pay, a complete cryptocurrency payment system.

ProShares Bitcoin Futures ETF Trades Tuesday: What You Need to Know

Decrypt: October 18, 2021

This week marks a major milestone in the crypto world as the first U.S. Bitcoin ETF begins trading on Tuesday. The news fueled a rally last week, driving the price of Bitcoin above $60,000 for the first time since May. ."

Bitcoin Smashes Through All-Time High Surpassing $66,000 per Unit

Bitcoin.com: October 20, 2021

The spot price of bitcoin smashed through the leading crypto asset’s all-time high (ATH) surpassing $66,000 per unit after the first bitcoin exchange-traded fund (ETF) was launched in the United States. The last time bitcoin touched an ATH six months ago on April 14, 2021, the price tapped $64,804 per unit.

This Week in Bitcoin: BTC Reaches All-Time High

Tipranks: October 21, 2021

Uptober, so far, has turned out great for the world’s largest cryptocurrency by market capitalization. Uptober is a term coined by Crypto Twitter to describe the month of October, which is expected to be bullish for Bitcoin.

Bitcoin Is Over $66,000. Here Are 3 Questions To Ask Yourself Before You Invest

CNBC: October 20, 2021

Bitcoin, the largest cryptocurrency by market value, hit an all-time high on Wednesday, surging above $66,000. Its previous record of $64,899 was set in mid-April. This surge comes after the first U.S. bitcoin futures exchange-traded fund made its market debut on Tuesday.

ProShares Bitcoin ETF Tops US$1B Assets In Just 2 days

BNN Bloomberg: October 22, 2021

The ProShares Bitcoin Strategy ETF (ticker BITO) ended Wednesday with US$1.1 billion under management after trading volume topped US$1.2 billion, according to a press release. That’s the quickest that an ETF has reached the US$1 billion mark, Bloomberg Intelligence data show.

Bitcoin Extends Correction As Ethereum Sees 'Picture Perfect Rejection’ At All-time Highs

Cointelegraph: October 22, 2021

A copycat move from ETH leaves investors noticeably disappointed and puts the brakes on the “up only” trend of the past week. Bitcoin (BTC) stayed closer to $60,000 on Oct. 22 after the largest altcoin, Ether (ETH), failed to cement new all-time highs.

Novogratz’ Galaxy Interactive Raises $325 Million to Engage with Blockchain-Based Games

CryptoPotato: October 20, 2021

Galaxy Interactive – the affiliate of Galaxy Digital Holdings Ltd. – completed a $325 million funding round to expand further into the digital space. More than 70 LPs participated in the event, including institutional investors, endowments, strategic investors, and family offices.


Digital asset solutions for financial institutions.
Apply for an ALT 5 Prime account today!

Institutional Grade Digital Assets Trading and Custodian Services built on the foundation of Security, Accessibility, Compliancy and Transparency.

Sign Up For Our Newsletter

ALT 5 Sigma covers fintech, blockchain, Bitcoin and cryptocurrencies bringing you the latest news and analysis on the future of money.