Shares of the Bitcoin ETF offered by BlackRock rose roughly 22% in some pre-market activity and are trading at $28.64 at the time of publication.
Following a landmark approval by the United States Securities and Exchange Commission on Jan. 10, shares of several spot Bitcoin (BTC) exchange-traded funds (ETFs) 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.