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.The stock market is a collection of markets where stocks (shares of ownership in businesses) are bought and sold.
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.
Tesla posts $101 million loss from impairment of Bitcoin held in reserves
Tesla recorded a $101 million loss for 2021 from the impairment of Bitcoin held on its balance sheet, which totalled $1.5 billion. The figures are disclosed in the SEC filing.
SEC delays ruling on Grayscale’s bid to launch a spot Bitcoin ETF
The U.S. Securities and Exchange Commission (SEC) delayed the decision on Grayscale Investments' application to launch a spot Bitcoin ETF.
Valour’s Solana ETP listed on the Frankfurt Stock Exchange
The Frankfurt Stock Exchange added to its listing an exchange-traded product (ETP) based on Solana (SOL) from Valour, a subsidiary of DeFi Technologies.
Meta shares slump 24% after quarterly earnings release
Meta lost almost 25% of its market value in after-hours trading following the fourth-quarter 2021 earnings release.
Grayscale launches ETF based on shares of bitcoin- and crypto-focused companies
Grayscale Investments, the digital asset manager, has launched an exchange-traded fund (ETF) based on the shares of companies that added bitcoin and other cryptocurrencies to their product lines.
Nornickel palladium fund launches world’s first ETC on a basket of metals for electric vehicles
A palladium fund established by Nornickel has launched an ETC backed by metals needed for electric-vehicle production.
Robinhood shares fall 15% after disappointing forecasts.
Robinhood shares fell 15% in after-hours trading on January 27. The drop was due to a first-quarter revenue forecast that disappointed against market expectations ($448.2 million), and a decline in active users—from 18.9 million to 17.3 million, CNBC reports.
SEC rejects Fidelity’s bid to launch a spot Bitcoin ETF
The U.S. Securities and Exchange Commission (SEC) rejected Fidelity Investments' application to register a spot Bitcoin ETF.
Valkyrie files to launch ETF based on Bitcoin-miner stocks
The asset management firm Valkyrie Investments filed with the SEC for the launch of an ETF based on the shares of companies deriving at least 50% of their profits from mining the first cryptocurrency.We use cookies to improve the quality of our service.
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