Search Results for: etfs

MarketVector Indexes Licenses its flagship Bitcoin Benchmark Rate to VanEck for HODL, the pioneering Spot Bitcoin ETF

FRANKFURT, Germany–(BUSINESS WIRE)–MarketVector IndexesTM (“MarketVector”) announces the licensing of the MarketVector™ Bitcoin Benchmark Rate (BBR) to VanEck. The firm today launched the VanEck Bitcoin Trust (CBOEBZX Ticker: HODL), a first-of-its-kind ETF that provides exposure to spot Bitcoin. The BBR is a robust tool for understanding the market value of Bitcoin.

January 11, 2024 4 mins read

Time to HODL: VanEck Launches Spot Bitcoin ETF

Investors finally have the ability to add bitcoin exposure via an ETF and can do so with VanEck, the first established ETF issuer to file for a bitcoin-linked ETF Bitcoin is one of CEO Jan van Eck’s key investment focuses for 2024 and the firm’s industry-leading research team sees a

January 11, 2024 12 mins read

Vitalik Buterin Dispels Memecoin Myths Amid Recent Surge

Vitalik Buterin Calls For Increase in Ethereum’s Gas Limit by 33%

Vitalik Buterin, co-founder of Ethereum, has called for an increase to the gas limit in order to boost the network’s capacity. On January 10, during an ask-me-anything (AMA) hosted by the Ethereum Foundation’s research team on Reddit, Buterin brought attention to the fact that the gas limit has remained unchanged

January 11, 2024 2 mins read

X (Twitter) Reportedly Disables NFT Profile Images Feature for Users

Social media behemoth X (Twitter) has disabled support for NFTs on its premium membership section. Earlier, according to the support page, Premium subscribers have the option to create and personalize their profile pictures so that they may display the NFTs they possess in a hexadecimal profile photo. After the user

January 11, 2024 1 min read

Bitwise To Launch Lowest-Cost Spot Bitcoin ETF (BITB) on January 11 With 0.20% Management Fee; Fee Set to 0% for First Six Months

For the first time, BITB will offer U.S. investors low-cost access to bitcoin through a traditional, regulated ETF. SAN FRANCISCO–(BUSINESS WIRE)–Bitwise Asset Management, the largest crypto index fund manager in America, announced today that the Bitwise Bitcoin ETF (BITB), the firm’s first spot bitcoin ETF, intends to begin trading on

January 11, 2024 9 mins read

BitGo Secures In-Principle Approval for MPI License by Singapore’s MAS

The BitGo crypto custody firm has received an in-principle approval for a Major Payment Institution (MPI) license via its local entity from Singapore’s financial regulator, the Monetary Authority of Singapore (MAS). A post on Twitter declared the in-principle approval by the corporation. This authorization follows BitGo’s acquisition of a crypto

January 10, 2024 2 mins read

BlackRock's Bitcoin ETF Surpasses MicroStrategy's Holdings

BlackRock and ARK 21Shares Slash Spot Bitcoin ETF Fees

Both BlackRock and ARK 21Shares have reduced the fees for their prospective exchange-traded funds (ETFs), following other competitors who announced cutbacks yesterday. The crypto industry is expecting the United States SEC to approve a spot bitcoin ETF as soon as today. After revealing a fee of 30 basis points on

January 10, 2024 1 min read

XRP Price Declines Sharply Amid Continued Market Volatility

XRP Faces Uphill Battle as Value Declines, Banking on Bitcoin ETF Approval for Recovery

XRP has struggled to gain momentum, experiencing a continuous downturn. As of the latest update, the coin’s value has declined by an additional 10.83% over the last 30 days, settling at $0.5553. XRP’s path to recovery is currently intertwined with the fate of Bitcoin (BTC). The imminent approval of the

January 10, 2024 2 mins read

Can Ripple's New Announcement Offset XRP Price Drop?

XRP Fails to Overcome Bearish Momentum as Price Tumbles

The XRP ecosystem has not seen any significant fundamental developments that might propel the token beyond its present impasse. It is clear that XRP is in a far deeper downturn than its rivals since its price has fallen by 14.19% in the last month. On January 10, a whale transferred

January 10, 2024 2 mins read

Uniswap Labs Replies to SEC's Wells Notice, Argues Lack of Regulatory Authority

U.S Senators Demand SEC to Disclose Twitter Hack Details

After the hack of the SEC’s Twitter account on January 9, two U.S senators have demanded that the agency disclose the incident to Congress. On the same day, Senators J.D. Vance and Thom Tillis sent a letter to SEC Chair Gary Gensler, expressing their “serious concerns” about the commission’s internal

January 10, 2024 2 mins read