##  [# Hot Reads: Bitcoin At $63K Prior To Coinbase IPO](/sections/daily-hot-reads/hot-reads-bitcoin-63k-prior-coinbase-ipo) 

 

# Hot Reads: Bitcoin At $63K Prior To Coinbase IPO

 

 

Plus, Galaxy Digital is the latest firm to file for a bitcoin ETF.



 

 

 

 

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[By ETF.com Staff](/contributors/etfcom-staff)

 Apr 13, 2021

 Edited by: ETF.com Staff

 

 

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*Compiled by ETF.com Staff*

**[Bitcoin Hits Record Before Coinbase Listing](https://finance.yahoo.com/news/bitcoin-hits-record-high-62-084008302.html)** (Yahoo Finance)  
 It’s heading toward $63K with the IPO set to launch tomorrow.

[**Galaxy Digital Files For US Bitcoin ETF**](https://www.coindesk.com/galaxy-digital-files-for-us-bitcoin-etf) (CoinDesk)  
 It's one of several such applications before the U.S. Securities and Exchange Commission.

[**SPAC Boom Faces New SEC Threat With Accounting Crackdown** ](https://www.bloomberg.com/news/articles/2021-04-12/spac-boom-faces-latest-threat-from-sec-in-accounting-discussions)(Bloomberg)  
 U.S. regulators are throwing a wrench into Wall Street’s SPAC machine by cracking down on how accounting rules apply to a key element of blank-check companies.

[**Work From Home ETFs Rallying As Case Counts Spike**](https://www.marketwatch.com/story/work-from-home-etfs-rally-as-case-counts-spike-2021-04-12) (MarketWatch)  
 The [**WisdomTree Cloud Computing Fund (WCLD)**](https://www.etf.com/WCLD) is up 106% over the past 12 months.

[**Can ESG Funds Ride The Value Stock Boom?**](https://www.advisorperspectives.com/articles/2021/04/09/wall-street-math-shows-esg-funds-can-ride-the-value-stock-boom) (Advisor Perspectives)  
 As the economy recovers and investors shift to cheaper stocks, these products might still thrive.

[**Simple Math Is About To Cause An Inflation Problem**](https://www.bloomberg.com/news/articles/2021-04-12/simple-math-is-about-to-cause-an-inflation-problem-quicktake) (Bloomberg)  
 Due to the way the government’s inflation metrics are calculated, what will appear to be significant price increases are all but guaranteed.

[**Time Machines For Investors**](https://insights.factorresearch.com/research-time-machines-for-investors/) (FactorResearch)  
 Factor exposure analysis can help when evaluating investments with limited track records.

[**Who Owns Stocks In The US?**](https://awealthofcommonsense.com/2021/04/who-owns-stocks-in-the-united-states/) (A Wealth Of Common Sense)  
 The amount of wealth held by the bottom 50% of households is now at an all-time high.

[**Asset Allocation A Strategy For Average Results**](https://www.capitalspectator.com/asset-allocation-is-a-strategy-to-capture-average-performance/) (Capital Spectator)  
 A passive asset allocation will record the best performance (or anything close to it) relative to a broad set of strategies fishing in the same waters.

[**When Wealth Isn’t Real**](https://ofdollarsanddata.com/when-wealth-isnt-real/) (Of Dollars &amp; Data)  
 Leverage can create an illusion of wealth.



 

 

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 [Innovative](http://www.etf.com/topics/innovative) 

 [Bitcoin](http://www.etf.com/topics/bitcoin)