Galaxy Digital Shares Rise on Launch of Bitcoin ETF
Provided by
Dow Jones
By Adriano Marchese
Galaxy Digital Holdings shares were higher Thursday morning after the company said it has launched a bitcoin-focused exchange-traded fund with ETF-provider Invesco.
At 10:07 a.m. ET, shares were trading 6% higher at 11.62 Canadian dollars ($8.68).
The digital-assets and blockchain company in partnership with Invesco has launched the Invesco Galaxy Bitcoin ETF on the Cboe BZX Exchange.
On Wednesday, the U.S. Securities and Exchange Commission voted to allow mainstream investors to buy and sell bitcoin as easily as stocks and mutual funds.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
January 11, 2024 10:27 ET (15:27 GMT)
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