Thailand’s Securities and Exchange Commission (SEC) has given its nod to One Asset Management (ONEAM) to pioneer the launch of a Bitcoin exchange-traded fund (ETF) in the country. This development marks Thailand’s entry into the global trend of embracing cryptocurrency-based investment instruments. The ETF, dubbed the ONE Bitcoin ETF Fund
The overall crypto market witnessed key moments in May 2024. While the market witnessed price hikes, the SAB 101’s veto caused obstacles. Cryptocurrency has also played a crucial role within the US political landscape which fueled further events. Besides, with multiple crypto crimes and significant arrests the month has been
The Securities and Exchange Commission (SEC) released an official statement approving the spot Ethereum Exchange-Traded Funds (ETFs) on May 23. The SEC’s statement was widely anticipated by the crypto community since the approval of spot Bitcoin ETFs. Exchanges that had applied for issuance rights were approved in the published report,
Optimistic signs have appeared for spot Ethereum exchange-traded fund (ETF) approval ahead of the SEC’s approaching deadline on Thursday. Depository Trust and Clearing Corporation (DTCC), has listed VanEck’s spot ETH ETF (“ETHV”) on Tuesday. Notably, Franklin Templton’s EZET made its entry into the same listing last month. Currently, the count
Alchemy Pay, announced its collaboration with Victory Securities on May 16. The Singaporean payment gateway, connecting cryptocurrency with fiat currencies, provides services in 173 countries. The collaboration is aimed at enabling investors to access Bitcoin and Ethereum Spot ETFs through the platform, stated Alchemy Pay’s press release. Victory Securities, the
As currently, ETFs (Exchange-Traded Funds) are gaining significant attention, let’s delve into understanding the intricacies of Ether futures ETFs. As investors seek exposure to cryptocurrencies like Ethereum, futures ETFs have emerged as a regulated method for participating in Ethereum’s market movements. In this guide, we’ll explore how it work, their
The crypto market has been extremely volatile in recent days, with Bitcoin (BTC) dipping as much as 8% to $56,814 on May 1. However, ETFSwap (ETFS) stands out with its presale, which has raised over $300,000 and continues to attract interest from institutional and retail crypto investors alike. The Month
Amidst a challenging period for cryptocurrency markets, Ethereum has witnessed a notable resurgence, propelled by the launch of Ethereum-focused exchange-traded funds (ETFs) in Hong Kong. The recent surge in Ethereum’s price trajectory followed a dip below the critical $3,000 mark, mirroring Bitcoin’s downward trend. The Hong Kong spot market welcomed
As the crypto market shifts towards an uptrend and Bitcoin ETFs gain momentum, Australia is poised to ride the bullish wave in the crypto market with the imminent launch of Bitcoin exchange-traded funds (ETFs). This announcement follows in the footsteps of the US and Hong Kong lead; prominent issuers like
Depository Trust & Clearing Corporation (DTCC) has decided to assign zero collateral value to Exchange Traded Funds (ETFs) featuring Bitcoin or other cryptocurrencies as underlying assets. Effective immediately, these securities will face a 100% haircut, aimed at mitigating risks within the financial system and reducing leverage-based financialization games on Wall
