MARKETS DAILY: Crypto Update | Cboe Digital President John Palmer on Day 1 of Bitcoin ETFs Trading; Launching Margined Futures for Bitcoin, Ether
CoinDesk Podcast Network
CoinDesk
4.7 • 698 Ratings
🗓️ 12 January 2024
⏱️ 11 minutes
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| 1:00.6 | It's Friday, January 12th, 2024, and this is Markets Daily from CoinDesk. |
| 1:03.9 | I'm your host, Jen Sanasi. Let's dive into those prices. |
| 1:18.6 | According to Coin desk indices at 8 a.m. Eastern time, Bitcoin was trading down 3.4% over the past 24 hours at $45,863, while Ether held yesterday's range, trading at $2,651. Today's mover in the Coin Desk Market Index is Sween, ticker, SUI, up 10% on the day. In traditional markets, both the NASDAQ and S&P 500 were roughly flat yesterday, and in commodities, the Brent Crude benchmark rose to $79.86 a barrel. Meanwhile, gold fell on the day, trading at $2,027 an ounce. |
| 1:48.5 | For more on the market's action, let's bring in CBO Digital President John Palmer. |
| 1:55.0 | All right, you just heard me read out the Bitcoin ether price. Any reaction to what's going on this morning? Is this what you |
| 2:01.9 | expected after the approval of the ETFs? You know, I think it was hard to kind of expect what was |
| 2:08.0 | going to happen in the market. We've seen, you know, quite a run leading up to the approval on |
| 2:12.9 | Wednesday and then obviously the launch yesterday. And so seeing how the market reacted, I think was |
| 2:17.2 | interesting, obviously looking at the volumes, looking at the AUMs that are being built in the and then obviously the launch yesterday. And so seeing how the market reacted, I think was interesting. |
| 2:18.0 | Obviously, looking at the volumes, looking at the AUMs that are being built in the ETFs |
| 2:22.5 | was really surprising. |
| 2:23.8 | I think obviously there's a lot of folks saying it was a record launch for ATFs just in terms of sheer volume. |
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