Investing in Bitcoin via a retirement savings account isn’t a brand-new idea. Gray said that the business would add more crypto assets. 401(k) retirement savings account members will allegedly be able to invest directly in Bitcoin, according to reports from retirement plan provider Fidelity Investments, located in the US. Later
There would be no direct exposure to cryptocurrencies via the crypto ETF. There are more than 40 million individuals that use the company’s services. Investors will soon be able to have access to the crypto business and the metaverse via two new exchange-traded funds (ETFs) from Fidelity Investments. Fidelity Crypto
As per a recent Binance Research report, Spot Bitcoin (“BTC”) Exchange-traded funds (“ETFs”) have amassed more than 938.7K BTC (~US$63.3B), which, when combined with other funds of a similar kind, represents 5.2% of the entire supply of Bitcoin. The report further mentions that these ETFs are removing an average of
The Pantera-backed cryptocurrency exchange VALR is pleased to announce the launch of VALR’s Futures Trade Arena, a competitive trading platform where traders may compete for weekly and monthly rewards determined by their performance in terms of ROI and PnL. By rewarding performance rather than merely transaction size, this new program, which
The crypto community has witnessed some intriguing debates over the past day igniting the discussion panels. Recently hacked WazirX founder Nischal Shetty retorted to CoinSwitch CEO’s allegations on fund movements sparking much debate among degens. However, Michael Saylor caught the spotlight by suggesting handing Bitcoin custody to ‘big banks’. MicroStrategy
Bitcoin price action is the day’s breakfast convo for crypto community members. The cryptocurrency has begun to recover to its previous price levels at the $60K range. Meanwhile, the web3 community is also awaiting several token unlocks this week, including the WLFi token from Trump’s DeFi project. When reverting attention
On the last day, when the price of Bitcoin rose, crypto derivatives traders who had bet on a decline in the market were liquidated for almost $100 million. Following a range-bound weekend, Bitcoin reached $66,000 today, gaining 5.73% on the previous day. Bitcoin’s price returned to levels not seen since
Global crypto funds managed by asset giants such as BlackRock, Bitwise, Fidelity, Grayscale, and ProShares experienced net inflows of $407 million last week, according to CoinShares. This marked a sharp reversal from $147 million in outflows the previous week. The inflows were primarily driven by U.S.-based funds, which contributed $406
South Korea’s financial regulator is moving closer to approving spot crypto exchange-traded funds (ETFs) and corporate crypto accounts, with discussions set to accelerate following the establishment of a new Virtual Assets Committee. The committee, which was officially announced on October 13, is expected to play a key role in shaping
According to a filing made on October 11th, the US Securities and Exchange Commission (SEC) has once again delayed. Deciding on whether or not an exchange list options linked to spot Ethereum ETFs. According to the filing, the SEC has postponed deciding on a rule change proposal. That would allow
