Metaverse ETFs in South Korea bring significant profits for investors
South Korean financial companies bring investors results a month after their metaverse exchange-traded funds were listed, with one fund gathering nearly $170M in net asset value.
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SEC rejects spot Bitcoin ETF
The SEC rejected a Bitcoin spot ETF, citing the possibility of fraud, which briefly sent BTC prices down.
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How is the launch of Bitcoin futures ETFs affecting crypto mining?
After the SEC approved a Bitcoin futures ETF, the cost of crypto mining rigs jumped. Coincidence? Varit Bulakul of The Brooker Group explains.
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BlockFi files for Bitcoin spot ETF with SEC amid regulatory heat
New Jersey-based crypto banking services provider BlockFi and investment management firm Neuberger Berman jointly filed for a Bitcoin spot exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission on Tuesday. Fast facts In September, the U.S. got its first Bitcoin-linked ETF with the launch of ProShares Bitcoin Strategy Fund. But ProShares’ ETF was backed…
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New Australian ETF grants exposure to Bitcoin mining sector
Only two weeks after the Australia Securities Exchange approved a similar product, the Cosmos Global Digital Miners Access exchange-traded fund (ETF) launched on rival exchange Chi-X Australia today, granting exposure to globally listed digital asset mining and infrastructure companies. Fast facts Trading under the name “DIGA,” the fund tracks the Global Digital Miners Index, designed…
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ProShares seeks to alter BTC ETF after less than a week
Less than a week out from its historic launch, ProShares is already seeking to amend its Bitcoin futures exchange-traded fund — the first in the U.S. — by filing for an exemption from trading limits at the Chicago Mercantile Exchange, where the fund purchases its futures contracts, according to an article in Barron’s. Fast facts…
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2nd U.S. Bitcoin futures ETF starts trading today, and a 3rd will launch next week
Valkyrie Bitcoin Strategy Fund, the second Bitcoin futures exchange traded fund (ETF) in the U.S., is set to start trading today, while VanEck’s Bitcoin futures ETF, which also received approval this week, is expected to launch early next week. Fast facts ProShares Bitcoin Strategy Fund, the first U.S. Bitcoin futures ETF, started trading on the…
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Bitcoin price hits all-time high after ProShares ETF debut
Bitcoin set another record as it traded above US$67,000 Wednesday, one day after ProShares’ first-day trading volume reached nearly US$1 billion
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Institutional investors pour into Bitcoin amid ETF excitement
As excitement grew over the imminent approval of Bitcoin futures exchange traded funds (ETFs) in the United States, Bitcoin investment products saw inflows of US$70 million last week — the fifth consecutive week of inflows — while Ethereum saw outflows of US$1 million, according to digital assets manager CoinShares. Fast facts According to CoinShares, the total…