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Metavesco Inc (PK)

Metavesco Inc (PK) (MVCO)

0.0427
-0.0046
(-9.73%)
Closed December 19 4:00PM

Professional-Grade Tools, for Individual Investors.

Key stats and details

Current Price
0.0427
Bid
0.0313
Ask
0.049
Volume
2,800
0.035 Day's Range 0.046
0.0119 52 Week Range 0.12
Market Cap
Previous Close
0.0473
Open
0.046
Last Trade
1000
@
0.0427
Last Trade Time
Financial Volume
$ 124
VWAP
0.044263
Average Volume (3m)
27,876
Shares Outstanding
66,322,140
Dividend Yield
-
PE Ratio
-4.44
Earnings Per Share (EPS)
-0.01
Revenue
367k
Net Profit
-597k

About Metavesco Inc (PK)

Metavesco is a web3 enterprise and digital asset innovator. The Company generates revenue as a crypto liquidity provider via decentralized exchanges such as Uniswap, and the Company farms tokens via Proof of Stake protocols. Additionally, the Company commenced bitcoin mining operations in February 2... Metavesco is a web3 enterprise and digital asset innovator. The Company generates revenue as a crypto liquidity provider via decentralized exchanges such as Uniswap, and the Company farms tokens via Proof of Stake protocols. Additionally, the Company commenced bitcoin mining operations in February 2023 at a hosted facility in Texas. The company also invests in promising NFT projects and virtual land including OthersideMeta. In April 2023, the Company announced plans to diversify its operations into five distinct divisions: Blockchain, Real Estate, Staffing and Recruiting, Content and Media, and Energy. Show more

Sector
Finance Services
Industry
Unit Inv Tr, Closed-end Mgmt
Headquarters
Las Vegas, Nevada, USA
Founded
2022
Metavesco Inc (PK) is listed in the Finance Services sector of the OTCMarkets with ticker MVCO. The last closing price for Metavesco (PK) was $0.05. Over the last year, Metavesco (PK) shares have traded in a share price range of $ 0.0119 to $ 0.12.

Metavesco (PK) currently has 66,322,140 shares outstanding. The market capitalization of Metavesco (PK) is $3.14 million. Metavesco (PK) has a price to earnings ratio (PE ratio) of -4.44.

MVCO Latest News

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.0077220.0350.04730.03180620.04507599CS
40.00276.750.040.0490.02905501070.03619194CS
12-0.01355-24.08888888890.056250.060.02905278760.04078509CS
26-0.0088-17.08737864080.05150.120.02905480890.07141013CS
52-0.0284-39.94374120960.07110.120.0119475590.06519908CS
156-0.0673-61.18181818180.110.180.0119318610.07047261CS
260-0.0673-61.18181818180.110.180.0119318610.07047261CS

MVCO - Frequently Asked Questions (FAQ)

What is the current Metavesco (PK) share price?
The current share price of Metavesco (PK) is $ 0.0427
How many Metavesco (PK) shares are in issue?
Metavesco (PK) has 66,322,140 shares in issue
What is the market cap of Metavesco (PK)?
The market capitalisation of Metavesco (PK) is USD 3.14M
What is the 1 year trading range for Metavesco (PK) share price?
Metavesco (PK) has traded in the range of $ 0.0119 to $ 0.12 during the past year
What is the PE ratio of Metavesco (PK)?
The price to earnings ratio of Metavesco (PK) is -4.44
What is the cash to sales ratio of Metavesco (PK)?
The cash to sales ratio of Metavesco (PK) is 7.27
What is the reporting currency for Metavesco (PK)?
Metavesco (PK) reports financial results in USD
What is the latest annual turnover for Metavesco (PK)?
The latest annual turnover of Metavesco (PK) is USD 367k
What is the latest annual profit for Metavesco (PK)?
The latest annual profit of Metavesco (PK) is USD -597k
What is the registered address of Metavesco (PK)?
The registered address for Metavesco (PK) is 8275 SOUTH EASTERN AVENUE, #200, LAS VEGAS, NEVADA, 89123
Which industry sector does Metavesco (PK) operate in?
Metavesco (PK) operates in the UNIT INV TR, CLOSED-END MGMT sector

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MVCO Discussion

View Posts
Trooperstocks Trooperstocks 1 month ago
Good morning MVCO.
👍️ 1
ProfitScout ProfitScout 3 months ago
$MVCO News: Metavesco Acquires Assets From Epic Labor

CUMMING, Ga., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Metavesco, Inc. (OTC PINK:MVCO), a pioneering holding company focused on acquiring, operating, and nurturing innovative businesses in both digital and traditional sectors, is pleased to announce the successful acquisition of key assets from Epic Labor, Inc., a Georgia-based provider of on-demand temporary staffing solutions.

Under the terms of the agreement, Metavesco, through its newly created wholly owned subsidiary Epic Labor, Inc., has acquired customer contracts, tangible assets, and the operating assets of the Nashville and Knoxville, TN branch offices of Epic Labor, Inc. d/b/a laborSMART. Metavesco will assume certain liabilities necessary for the ongoing operations of the business and the branch offices will be rebranded under the Epic Labor trademark, owned by Metavesco.

Ryan Schadel, CEO of Metavesco, commented, “I am thrilled to finally have this acquisition completed. The staffing industry generates over $200 billion in revenue per year in the US alone. This acquisition aligns perfectly with our strategic vision of diversifying our holdings and investing in industries that provide resilient, long-term growth. We are going to build something amazing with the Epic Labor brand and we are going to Build in Public.”

The transaction was completed on September 27, 2024.

About Metavesco

Metavesco is a diversified investment holding company focused on acquiring and managing assets across multiple sectors, including bitcoin mining, consumer packaged goods, and staffing services. The company is dedicated to long-term growth through strategic acquisitions and innovative market solutions.

Safe Harbor Statement

This press release contains statements that constitute forward-looking statements. These statements appear in a number of places in this press release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; and (iii) growth strategy and operating strategy. The words "may", "would", "will", "expect", "estimate", "can", "believe", "potential", and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is included in the Company's filings on otcmarkets.com.

CONTACT:
info@metavesco.com
(678) 341-5898

SOURCE: Metavesco, Inc.
👍️ 1 🙂 1
Trooperstocks Trooperstocks 3 months ago
Ryan Schadel, CEO of Metavesco, commented, "I am thrilled to finally have this acquisition completed. The staffing industry generates over $200 billion in revenue per year in the US alone. This acquisition aligns perfectly with our strategic vision of diversifying our holdings and investing in industries that provide resilient, long-term growth. We are going to build something amazing with the Epic Labor brand and we are going to Build in Public."

The transaction was completed on September 27, 2024.

About Metavesco

Metavesco is a diversified investment holding company focused on acquiring and managing assets across multiple sectors, including bitcoin mining, consumer packaged goods, and staffing services. The company is dedicated to long-term growth through strategic acquisitions and innovative market solutions.

Safe Harbor Statement

This press release contains statements that constitute forward-looking statements. These statements appear in a number of places in this press release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; and (iii) growth strategy and operating strategy. The words "may", "would", "will", "expect", "estimate", "can", "believe", "potential", and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is included in the Company's filings on otcmarkets.com.

CONTACT:

info@metavesco.com

(678) 341-5898

SOURCE: Metavesco, Inc.
👍️ 2 💯 1
Trooperstocks Trooperstocks 3 months ago
$MVCO NEWS! Metavesco Acquires Assets From Epic Labor https://www.globenewswire.com/en/news-release/2024/09/30/2955159/0/en/Metavesco-Acquires-Assets-From-Epic-Labor.html @metavesco @CRyanSchadel
👍️ 2 💯 1 😎 1
Trooperstocks Trooperstocks 3 months ago
$MVCO Set a reminder. 4pm EST tomorrow. #MVCO Important Announcement CEO Ryan Schadel https://x.com/CRyanSchadel/status/1839266836505845909
👍️ 1 😎 1
Trooperstocks Trooperstocks 3 months ago
$MVCO Metavesco, Inc. (OTC PINK:MVCO) is excited to announce the formation of a joint venture with award-winning Local Choice Spirits to launch a new limited-edition bourbon series at the historic Striped Pig Distillery. https://stockhouse.com/news/press-releases/2024/09/16/metavesco-and-local-choice-spirits-announce-joint-venture-to-launch-limited
👍️ 1 💯 1
Trooperstocks Trooperstocks 3 months ago
$MVCO CEO "Next Friday, September 27th at 4PM eastern, I'll be making an important announcement via livestream on X. Set a reminder. See you then. $MVCO" https://x.com/CRyanSchadel/status/1837090076116828596
👍️ 1 💯 1 😊 1
Trooperstocks Trooperstocks 3 months ago
$MVCO Striped Pig Distillery is led by the visionary Pixie Dezzutti (https://instagram.com/pixiepaulaofficial/)
https://metavesco.com/mvco-striped-pig-deal/
https://x.com/StockPicksNYC/status/1828074017946739011
👍️ 1 💥 1 💯 1
splintered sunlight splintered sunlight 3 months ago
Thank you

What's going to happen to the stock price then?

Thanks
👍️ 1
Trooperstocks Trooperstocks 3 months ago
$MVCO Striped Pig Deal; Metavesco’s Strategic Acquisition: A New Era Begins
https://metavesco.com/mvco-striped-pig-deal/
👍️ 1 😎 1
Trooperstocks Trooperstocks 3 months ago
Here ya go!! GM $MVCO

👍️ 1 💯 1
splintered sunlight splintered sunlight 3 months ago
Thank you!!!!!
👍️0
Trooperstocks Trooperstocks 3 months ago
It's a link to OTCmarkets.com .PDF. I'll print it out and send it to you pre-market.
👍️0
splintered sunlight splintered sunlight 3 months ago
The link doesn't open for me....

100-1 Forward Split?

Thanks
👍️0
Trooperstocks Trooperstocks 3 months ago
$MVCO Reading 9/16/2024 filing amendment it indicates a Forward Split 100 to 1 in connection with the AS increase for acquisitions which benefits Shareholders.

https://otcmarkets.com/otcapi/company/financial-report/412482/content
👍️ 1 💯 1
ProfitScout ProfitScout 3 months ago
Metavesco and Local Choice Spirits Announce Joint Venture to Launch Limited Edition Bourbon Series

CUMMING, GA, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Metavesco, Inc. (OTC PINK:MVCO) is excited to announce the formation of a joint venture with award-winning Local Choice Spirits to launch a new limited-edition bourbon series at the historic Striped Pig Distillery, Charleston’s first distillery steeped in history back to 1838! The partnership follows an initial Letter of Intent for an acquisition, but market conditions in the over-the-counter (OTC) market have prompted a strategic shift toward this collaborative venture.

In this joint initiative, Metavesco has purchased 8-year-old barreled aged bourbon from Local Choice Spirits, laying the foundation for a premium bourbon line that combines the expertise of both companies. Together, they will develop a unique brand concept, leveraging Local Choice Spirits' acclaimed production capabilities. Additionally, Local Choice Spirits will provide licensing and distribution, enabling swift and efficient entry into key markets.

“We’re excited to shift gears and explore this new partnership with Local Choice Spirits,” said Ryan Schadel, CEO of Metavesco. “The opportunity to collaborate with such a respected name in the spirits industry allows us to introduce a high-quality product to our audience while capitalizing on Local Choice’s distribution expertise.”

Local Choice Spirits, known for crafting award-winning spirits and pushing the boundaries of innovation in the beverage industry, is thrilled to bring their resources and experience to this joint venture.

Paula “Pixie” Dezzutti commented, “The combination of rarity, quality, respect, collaboration, and local craftsmanship creates an attractive opportunity for the passionate MVCO shareholders to tie in with Local Choice’s artisanal narrative leading to future large-scale releases. An 8-year-old bourbon signals commitment to quality, developing complex flavors from the oak barrels marrying into the whiskey. The Metavesco/Local Choice Spirits partnership signals the same commitment to strengthening the bond between these two niche innovators.”

The joint venture is expected to bring this rare, small batch limited-edition bourbon to market before year end, with more details on branding and availability to be released soon.

About Metavesco

Metavesco is a web3 enterprise and digital asset innovator. The Company has bitcoin mining operations at hosted facilities in KY and IA. Through its wholly owned subsidiary, the Company operates Boring Brew, a specialty coffee company utilizing owned and licensed NFT IP as unique packaging.

About Local Choice and Striped Pig Distillery

The award-winning Striped Pig Distillery is a woman-owned, family-run, community-driven business, since 2010 marking its tenure as Charleston’s oldest distillery. Striped Pig helped revive the distillery scene in Charleston when it opened its doors in North Charleston in 2013, becoming the holy city’s first distillery since Prohibition. Its origin story is one of ‘great curiosity’ and a nod to some tongue-in-cheek US history, brought to life by their beloved Striped Pig mascot, Jackson. Since those early days, the Pig has continued its support of the community, expanded its lineup, received numerous accolades and awards, and has kept driving the distillery scene in Charleston and the wider industry forward with firsts, like the Bottled in Bond Bourbon release and launching the first bourbon on the blockchain.

Striped Pig Distillery is located at 2225-A Old School Drive Charleston, SC 29405

For more information about the distillery, Tours and Tastings, visit: http://www.stripedpigdistillery.com/ To purchase spirits online: https://stripedpigdistillery.com/shop/

Safe Harbor Statement

This press release contains statements that constitute forward-looking statements. These statements appear in a number of places in this press release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; and (iii) growth strategy and operating strategy. The words "may", "would", "will", "expect", "estimate", "can", "believe", "potential", and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is included in the Company's filings on otcmarkets.com.

CONTACT:
info@metavesco.com
(678) 341-5898
👍️ 2 💯 1 🙂 1
Trooperstocks Trooperstocks 3 months ago
$MVCO NEWS! Metavesco and Local Choice Spirits Announce Joint Venture to Launch Limited Edition Bourbon Series; CEO @CRyanSchadel, "We’re excited to shift gears and explore this new partnership with Local Choice Spirits" https://finance.yahoo.com/news/metavesco-local-choice-spirits-announce-122000360.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr
@OTCMarkets #news @ZacSmithNEWS
👍️ 2 💯 1
Trooperstocks Trooperstocks 3 months ago
Good morning. huge news pre-market. $MVCO
👍️0
Trooperstocks Trooperstocks 3 months ago
$MVCO Acquisition of Striped Pig Distillery! More info here: https://metavesco.com/mvco-striped-pig-deal/
👍️ 1
Trooperstocks Trooperstocks 3 months ago
$MVCO @Metavesco Live from Striped Pig Distillery; A Behind-the-Scenes Look at Striped Pig
As @CRyanSchadel Current CEO toured the distillery, he was able to see firsthand the craftsmanship and dedication that goes into every bottle produced by Striped Pig
👍️ 2 💯 1
ProfitScout ProfitScout 3 months ago
$MVCO news on expansion plans: Metavesco Executes Letter of Intent to Acquire Striped Pig Distillery and Local Choice Spirits

CUMMING, Ga., Aug. 16, 2024 /PRNewswire/ -- Metavesco, Inc. (OTC PINK:MVCO), a web3 enterprise and digital asset innovator, today announced the execution of a non-binding Letter of Intent (LOI) to acquire Striped Pig Distillery and Local Choice Spirits of Charleston.

Founded as one of South Carolina's oldest distilleries, Striped Pig Distillery has garnered multiple awards for its exceptional craft spirits. Local Choice Spirits has established a reputation for innovation and quality, solidifying its place in the market.

The two companies are led by visionary entrepreneur "Pixie" Paula Dezzutti. Pixie is recognized as a top influencer in SC in 2024, listed by Forbes as "Top 50 Over 50" in 2023, and recipient of the International Woman of the Year Award by the Atlanta Chamber of Commerce in 2022. She has been a prominent figure in the industry, not only for her business acumen but also for her contributions to the broader business community. Listed by INC 5000 as one of the fastest growing companies of the Southeast, and SC Top 50 Fastest Growing Businesses, Local Choice and Striped Pig have plans to unveil an event center for its patrons. Upon closing this transaction, Ms. Dezzutti will be appointed as Chief Executive Officer of Metavesco, Inc.

Post acquisition, the businesses will operate as wholly owned subsidiaries of Metavesco, Inc. Highlights of the combined businesses include:

Approximately 1000 barrels of aged bourbon, valued at over $18,000,000 retail
16 active product skus including vodkas, rums, gins, whiskeys, and tequila
Product distribution in 20 states and ecommerce availability in most
Distillery capable of producing 300 high quality bourbon barrels annually
World class management team with over 100 years combined industry experience
At closing, Metavesco will issue a combination of 2-year restricted common stock, preferred stock, and a 2-year convertible note in the amount of $2 million. Additionally, the Company will assume approximately $1.2 million in debt owed collectively by the acquired businesses.

Metavesco, Inc. CEO Ryan Schadel stated, "I'd like to say this was a tough decision since it means I'll be stepping down as CEO, but it wasn't a tough decision at all! Ms. Dezzutti's appointment as CEO will be a huge win for shareholders and she is poised to usher in a new era of innovation and growth. With a distinguished career that spans entrepreneurial success, industry recognition, and thought leadership, Pixie has consistently demonstrated an extraordinary ability to drive transformation and excellence. Her accolades, including her role as a featured panelist at the Atlanta Chamber of Commerce's seminar on NFTs, cryptocurrencies, and Blockchain 3.0, along with her Amazon best-selling book, Alphabet Soup, outlining her pioneering NFT Bourbon release, underscore her forward-thinking approach and deep industry insight. She's a force to be reckoned with and I believe Metavesco shareholders will be in good hands with her at the helm."

Ms. Dezzutti stated, "Our team at Striped Pig Distillery and Local Choice Spirits has dedicated years to perfecting our craft, building a strong, regional brand of which we're incredibly proud. This acquisition is the perfect opportunity to expand our reach and bring award-winning spirits to a national audience. The multi trillion-dollar beverage business needs pioneers to lead the charge in a quickly paced changing landscape. I am excited to lead Metavesco into this new era of growth and innovation and am confident that together we will achieve extraordinary success."

While there is no guarantee that a deal will be finalized, all parties are working aggressively to prepare and execute a definitive purchase agreement with a 30-day closing deadline.

About Metavesco

Metavesco is a web3 enterprise and digital asset innovator. The Company has bitcoin mining operations at hosted facilities in KY and IA. Through its wholly owned subsidiary, the Company operates Boring Brew, a specialty coffee company utilizing owned and licensed NFT IP as unique packaging.

Safe Harbor Statement

This press release contains statements that constitute forward-looking statements. These statements appear in a number of places in this press release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; and (iii) growth strategy and operating strategy. The words "may", "would", "will", "expect", "estimate", "can", "believe", "potential", and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is included in the Company's filings on otcmarkets.com.

Cision View original content:https://www.prnewswire.com/news-releases/metavesco-executes-letter-of-intent-to-acquire-striped-pig-distillery-and-local-choice-spirits-302223852.html

SOURCE Metavesco, Inc.
👍️ 1
Trooperstocks Trooperstocks 3 months ago
Smart money loads here, OTC penny stock trading, that cycle is ready to turn around full circle. #bullish
👍️ 1
ANTI-BAGHOLDER ANTI-BAGHOLDER 4 months ago
Definitely seems like an opportunity
👍️ 1
I-Glow I-Glow 6 months ago
It is an old scammers trick - MVCO is Dark - Schadel filed a Form 15 in 2023 to deregister the stock and to cease all SEC filing Obligations.

A company does a buyback from profits - so MVCO will have to use toxic financing for a $1 Million buyback.

This is typical Schadel pumping to novice in lnvestors.

IG
👍️0
I-Glow I-Glow 6 months ago
Here is something for the true believers and pumpers like you.

"The following proves you are mentally unstable.

"Ryan Schadel calls-out-George-Sharp-for-a-fight!! You can't make this stuff up!>>>

I formally challenge George A Sharp, aka Worthless George, to a sanctioned, referreed, mma fight. All proceeds go to charity. If you say no you a bitch. $MVCO $LTNC $GTVH $GVSI

— Ryan Schadel - CEO of $MVCO (@CRyanSchadel) July 2, 2024"

From Drugdoctor

What is it going to be a pillow fight?

Just more craving attention.

IG
👍️0
TheFinalCD TheFinalCD 6 months ago
thats ryan for ya, old school penny stock gamer

https://x.com/CRyanSchadel/status/1802843473067884860
👍️0
ice trader ice trader 11 months ago
you must work for the company or you definitely don’t belong trading.one or the other
👍️0
SriMaharaj SriMaharaj 11 months ago
It's $1M shares buyback. I believe they must have some good news that we do not know.
👍️0
ANTI-BAGHOLDER ANTI-BAGHOLDER 11 months ago
Nah. Just play the better plays. Sounds like you know. :)

And stay away from obvious BS

👍️0
ice trader ice trader 11 months ago
Unbelievable they think people are that stupid who made this call is spending to much time at the brewery, it’s time to get out of the otc markets
👍️0
ANTI-BAGHOLDER ANTI-BAGHOLDER 11 months ago
Yeah, but they have no cash and a paid promo going on, so go figure
👍️0
ice trader ice trader 11 months ago
Unbelievable
👍️0
ice trader ice trader 11 months ago
Am I reading this right a one million share buyback
👍️0
TradeSmart.ai TradeSmart.ai 11 months ago
PR Out today confirming it as well $MVCO
👍️0
TradeSmart.ai TradeSmart.ai 11 months ago
Excellent news out!!! Just the start people $MVCO
👍️0
threewheeler threewheeler 11 months ago
take what ever profit u got this is gonna tank once newbies are done buying b4 DDing
👍️0
i_like_bb_stock i_like_bb_stock 11 months ago
nice news here SS is low anyway https://www.otcmarkets.com/stock/MVCO/news/Metavesco-Announces-Stock-Buyback-Program?id=429293
👍️0
ANTI-BAGHOLDER ANTI-BAGHOLDER 11 months ago
lol exactly. Plus a paid promo. Have fun guys
😲 1
threewheeler threewheeler 11 months ago
ok gonna buy back $1m in shares and they just borrowed $230K thats toxic converts, lmao https://www.otcmarkets.com/otcapi/company/financial-report/391195/content
👍️0
TradeSmart.ai TradeSmart.ai 11 months ago
Big update on Twitter A/H’s today watching for tomorrow $MVCO
👍️0
carlson carlson 11 months ago
Any good? Did they ever forward split?
👍️0
ice trader ice trader 11 months ago
If not I hope there beer is good
👍️0
i_like_bb_stock i_like_bb_stock 11 months ago
yea hopefully wsome good news
👍️0
ice trader ice trader 11 months ago
Need some eyes on this
👍️0
ice trader ice trader 11 months ago
The U.S. Securities and Exchange Commission on Wednesday approved rule changes to allow the creation of bitcoin exchange-traded funds in the U.S., a long-awaited move that will give regular investors access to the controversial and volatile cryptocurrency.

The decision will likely lead to the conversion of the Grayscale Bitcoin Trust, which holds about $29 billion of the cryptocurrency, into an ETF, as well as the launch of competing funds from mainstream issuers such as BlackRock’s iShares and Fidelity. The first funds are poised to begin trading Thursday.
👍️0
ice trader ice trader 11 months ago
We need some bitcoin production.!.
👍️0
bullthetrigger bullthetrigger 11 months ago
Need some eyes now
👍️0
ice trader ice trader 11 months ago
Interesting stuff $$$$$$
👍️0
ice trader ice trader 12 months ago
Welcome
👍️ 1
i_like_bb_stock i_like_bb_stock 12 months ago
Agree
👍️ 1

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