ProShare’s Bitcoin Futures Exchange Traded Fund (ETF) $BITO has seen a huge surge in inflows, boosting its asset value to over $1 billion, a development that is very important for the cryptocurrency market. Speculation over the Securities and Exchange Commission’s (SEC) possible approval of a spot Bitcoin ETF has piqued
The U.S. Securities and Exchange Commission has approved the first leveraged Bitcoin futures exchange-traded fund (ETF). Volatility Shares’ 2x Bitcoin Strategy ETF (BITX) becomes the first leveraged crypto ETF to get approved in the United States. On June 23, Volatility Shares’ 2x Bitcoin Strategy ETF (BITX) received approval from the
Financial powerhouse Valkyrie is the latest to apply to the U.S. Securities and Exchange Commission (SEC) for approval to launch a spot Bitcoin Exchange-traded fund (ETF). Spot Bitcoin ETF registration with the SEC was submitted by Valkyrie on June 21. They want to have the fund listed on the Nasdaq
A new application for a spot Bitcoin (BTC) exchange-traded fund (ETF) has been made by Invesco, a major investment management firm that manages $1.49 trillion in assets. This comes after Invesco and Galaxy Digital first applied to launch a Bitcoin ETF in 2021. A recent filing with the Securities and
Despite its widespread recognition as the pioneering NFT ETF, NFTZ has decided to close its doors. Defiance ETFs has said that as of February 28, they would “close and sell” its Defiance Digital Revolution ETF (NFTZ). Sylvia Jablonski, the co-founder of Defiance ETFs and Chief Investment Officer, predicted that NFTs
Hong Kong initiated its steps toward legalizing retail cryptocurrency trading by introducing the two ETFs (Exchange Traded Funds) on the 16th of December. Both ETFs track the US-listed cryptocurrency futures, BTC and Ether. BTC and Ether are the first two futures ETFs that are been listed in the Asian exchange
VanEck refiled to the SEC for spot BTC ETF after eight months from the previous result. The new application’s deadline is marked march 2023. VanEck has reapplied to the U.S Securities and Exchange Commission (SEC) for spot bitcoin Exchange-Traded Fund (ETF), after facing rejection on Nov 21. It is one
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
Several firms are seeking to get an ETF for Bitcoin off the ground. The SEC approved Teucrium’s ETF on Wednesday. Teucrium can now issue an exchange-traded fund based on bitcoin futures as approved by the U.S. Securities and Exchange Commission. The SEC approved Teucrium’s ETF on Wednesday, joining a long
ETFs enable investors to speculate on the price of an item. The monthly outflow of 96,200 BTC from crypto exchanges hit the 2022 high. Research shows that Canadian Bitcoin ETF holdings have hit all-time highs, and spot-based products drive the charge. Over the last month, Canadian Bitcoin ETFs have gained
