The United States Securities and Exchange Commission (SEC) has approved two groundbreaking crypto exchange-traded funds (ETFs). These include the Hashdex Nasdaq Crypto Index US ETF and the Franklin Crypto Index ETF. The decision marks the first time ETFs combining spot Bitcoin and Ethereum have received regulatory clearance. SEC has *approved*
MicroStrategy Incorporated, the world’s largest corporate holder of Bitcoin, is to join the Nasdaq-100 Index. This will take effect before the market opens on December 23, 2024, as part of the index’s annual reconstitution. Under the leadership of Executive Chairman Michael Saylor, MicroStrategy began its Bitcoin acquisition strategy in 2020
Coincheck, a leading Japanese cryptocurrency exchange, has officially debuted on the Nasdaq Global Market under the ticker “CNCK.” The listing follows its merger with Thunder Bridge IV, a special purpose acquisition company (SPAC). This makes Coincheck the second regulated crypto exchange to list on Nasdaq, following Coinbase’s 2021 debut. The
As Nasdaq investors take notice of the crypto market, past chart’s long-term analysis have shown that a few names always seem to rise to the top: Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). However, occasionally, a relatively unknown company appears in the market, draws the attention of experienced professionals, and
Nasdaq, a major American stock exchange operator, is seeking approval from U.S. regulators to launch options on a Bitcoin index. On August 27, Nasdaq announced its intention to offer index options on the Bitcoin index, providing institutions and traders with a new avenue to hedge their Bitcoin exposure. The proposed
On Wednesday’s earnings call, CEO and President Adena Friedman said that Nasdaq (NDAQ) will not be launching its planned cryptocurrency custody service in the second quarter of this year. The American stock exchange giant said in September 2022 that it was assembling the necessary infrastructure and regulatory permission to launch
Nasdaq, the exchange company, is stepping in to fill the void left by the recent failures of other crypto intermediaries. Earlier in 2022, in September, it was revealed by that Nasdaq Inc. was planning to provide its own cryptocurrency custody services. The most current information indicates that the rollout of
In 2022, the Middle East and North Africa (MENA) regions marked the highest crypto market growth through significant crypto adoption. In addition, the country is opening a wide space for the digital world like crypto, metaverse, blockchain, NFTs and Web3. Witnessing the emerging growth, popular crypto investment company, 21Shares initiated
It has reported that Nasdaq Inc., the second biggest stock exchange, is looking to begin offering cryptocurrency custody services. The effort to join the crypto custody business is reportedly waiting on regulatory permission at this time. As part of its expansion, Nasdaq is forming a new company called Nasdaq Digital
Michael Saylor urges investors to be confident on BTC. BTC’s current downfall did not affect MicroStrategy drastically. MicroStrategy has other plans for collateral besides BTC. The American business intelligence technology firm, MicroStrategy has been one of the most prominent tech firms in the crypto and the Bitcoin (BTC) industry in
