Brazil launches world’s first DeFi token-focused ETFs
Asset managers Hashdex and QR Capital announced listing on the B3 stock exchange (São Paulo) ETFs tracking the CF DeFi Composite Index and the Galaxy DeFi Index, respectively.The stock market is a collection of markets where stocks (shares of ownership in businesses) are bought and sold.
Brazil launches world’s first DeFi token-focused ETFs
Asset managers Hashdex and QR Capital announced listing on the B3 stock exchange (São Paulo) ETFs tracking the CF DeFi Composite Index and the Galaxy DeFi Index, respectively.
Gary Gensler explains why spot Bitcoin ETF applications were rejected.
The SEC did not come close to approving a spot Bitcoin ETF because the applications did not meet the Securities Act's anti-fraud and manipulative-practice standards. This was stated by SEC chair Gary Gensler in response to a request from Congressman Tom Emmer.
Nvidia CMP chip sales fall 77% in Q4
In the fourth quarter of fiscal 2022, Nvidia's revenue from selling cryptocurrency mining processors (CMP) fell to $24 million. This is 77% below the $105 million in the prior period, according to the SEC filing.
NYSE applies to register trademark focused on NFTs
The New York Stock Exchange has filed to register a trademark mentioning a marketplace for non-fungible tokens (NFTs) and virtual goods. The Block reports.
Fidelity International secures bitcoin-ETP listing on two European exchanges
The SIX Swiss Exchange and Xetra, part of Deutsche Börse, added Fidelity International's bitcoin-ETP with physical backing to the listing. CoinDesk reports.
Russia weighs creation of cryptocurrency funds
Russian authorities should allow financial institutions to create funds tied to cryptocurrencies, and for exchanges to create derivatives on them, says Alexey Timofeyev, president of NAUFOR.
Grayscale’s Bitcoin ETF gains public support
The U.S. Securities and Exchange Commission (SEC) requested public comments regarding Grayscale Investments' spot Bitcoin ETF. According to Bloomberg Intelligence analyst Eric Balchunas, 95% support launching the instrument.
Valour gains Polkadot- and Cardano-based ETP listing on the Frankfurt Stock Exchange
The Frankfurt Stock Exchange has added to its listing an ETP based on Polkadot (DOT) and Cardano (ADA) from Valour, a subsidiary of DeFi Technologies.
Binance Invests $200 Million in Forbes
Binance, the cryptocurrency exchange, announced a $200 million strategic investment in Forbes, the media group. The funds will support Forbes's plans to go public through a merger with the SPAC Magnum Opus Acquisition in the first quarter.
SEC approves Valkyrie’s mining-focused ETF
Asset-management firm Valkyrie Investments has received approval from the SEC to launch an ETF based on the stocks of companies that derive at least 50% of their profits from mining Bitcoin.We use cookies to improve the quality of our service.
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