SEC approves futures-based Bitcoin ETFs from VanEck and Valkyrie Investments
The U.S. Securities and Exchange Commission approved applications to launch futures-based bitcoin ETFs from asset managers VanEck and Valkyrie Investments.The stock market is a collection of markets where stocks (shares of ownership in businesses) are bought and sold.
SEC approves futures-based Bitcoin ETFs from VanEck and Valkyrie Investments
The U.S. Securities and Exchange Commission approved applications to launch futures-based bitcoin ETFs from asset managers VanEck and Valkyrie Investments.
Stronghold Digital Mining raises IPO target to $127 million
American mining company Stronghold Digital Mining announced an increase in the size of its initial public offering (IPO) to $127 million.
Gensler comments on the launch of the Bitcoin futures ETF
At the core of ProShares' Bitcoin futures ETF lies a highly speculative asset class with all the hallmarks of volatility, said SEC Chair Gary Gensler on CNBC during a discussion of the start of trading.
ProShares’ Bitcoin futures ETF posts the second-most active debut
Trading turnover of the bitcoin-futures ETF from ProShares (BITO) on the NYSE on its first trading day stood at 24.42 million shares, nearly reaching $1 billion. By this measure, the instrument ranked second among all exchange-traded funds, Bloomberg reports.
Trading starts for ProShares’ first US Bitcoin-futures ETF
On the New York Stock Exchange, ProShares began trading a Bitcoin-futures-based ETF.
Analysts Split on the Impact of Bitcoin ETF Launch
The upcoming start of trading for ProShares' Bitcoin ETF could trigger profit-taking as expectations are realised. Not all experts are convinced that this market adage will hold if a Bitcoin-based instrument is approved.
Invesco abandons plans for bitcoin futures ETF ahead of ProShares’ launch of a similar product
One of the largest American investment firms, Invesco, abandoned plans to launch a bitcoin futures ETF. Bloomberg reports.
Bakkt shares fall 6% after first day of trading on NYSE
Bakkt's market value after the first NYSE trading session on October 18 fell 6.41% to $8.78.
On the eve of the Bitcoin ETF launch, assets in crypto funds reach a record $72.3 billion
Inflow into digital-asset funds from October 9–15 totaled $80 million. The total assets in such products rose to a new high of $72.3 billion, according to CoinShares' report.
DCG chief confirms plans to convert Grayscale’s Bitcoin Trust into an ETF
Barry Silbert, founder and CEO of Digital Currency Group, confirmed that the Bitcoin Trust GBTC would be converted into an ETF.We use cookies to improve the quality of our service.
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