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Crypto News

Renowned Financial Educator R. Kiyosaki Envisions $1 Million Bitcoin Amid Economic Turmoil

Renowned financial educator Robert Kiyosaki predicts that BRICS countries (Brazil, Russia, India, China, South Africa) will reject the US dollar in favor of alternative assets like Bitcoin. Kiyosaki expresses his distrust in the US government and praises Bitcoin as a shared tool against government control. He anticipates Bitcoin hitting $100,000 and envisions it as a replacement for the US dollar if the global economy collapses. Kiyosaki's thoughts were shared on X (formerly Twitter), along with his preference for gold and silver as trustworthy assets. He reiterates his stance in an interview with Stansberry Research.

Finbold - 1104 ngày trước

Singapore's Central Bank Introduces Stablecoin Regulations for Enhanced Stability

Singapore's central bank, the Monetary Authority of Singapore (MAS), has introduced a revised regulatory framework aimed at enhancing stability for single-currency stablecoins (SCS) in the city-state. The framework, effective from Aug. 15, focuses on non-bank issued stablecoins tied to the value of the Singapore dollar or major G10 currencies, with circulation exceeding SGD 5 million ($3.7 million). It sets out criteria including value stability, capital maintenance, redemption timelines, and disclosure obligations for stablecoin issuers. MAS-regulated status can be obtained by fulfilling these requirements, differentiating regulated stablecoins from non-regulated alternatives, said MAS.

cointelegraph - 1104 ngày trước

Singapore's Central Bank Introduces Stablecoin Regulations for Enhanced Stability

cointelegraph - 1104 ngày trước

Europe Welcomes Its First Spot Bitcoin ETF on Euronext Amsterdam

Europe's first spot Bitcoin ETF, the Jacobi FT Wilshire Bitcoin ETF, has launched on Euronext Amsterdam. The ETF, labeled as BCOIN, is managed by Jacobi Asset Management and adheres to sustainable finance guidelines set by the EU. It incorporates Renewable Energy Certificates (RECs) to ensure environmentally friendly Bitcoin mining. Fidelity Digital Assets oversees custody, Flow Traders acts as market maker, and Jane Street and DRW serve as authorized participants. The ETF's debut was delayed by over a year. European progress in institutional Bitcoin investment is seen as outpacing the US due to regulatory differences.

Blockworks - 1105 ngày trước

Europe Welcomes Its First Spot Bitcoin ETF on Euronext Amsterdam

Blockworks - 1105 ngày trước

Long-Term Hibernating Bitcoin Wallet with $29.7 Million Worth of BTC Springs to Life

An inactive Bitcoin wallet containing 1,005 BTC worth $29.7 million has been reactivated after nearly 13 years, according to a tweet from Whale Alert. This has fueled intrigue in the crypto community as these early-period addresses are rare and linked to Bitcoin's elusive creator, Satoshi Nakamoto. Experts doubt this connection, given the numerous early adopters. Dormant crypto addresses resurfacing might be motivated by potential market gains or legal obligations. Whales continue accumulating Bitcoin despite market trends. Rediscovered private keys or legal requirements could explain the activity, discounting record highs as a motive.

U.Today - 1105 ngày trước

Bitcoin Reigns Supreme as Crypto Fund Inflows Bounce Back Amidst US Inflation Figures

Investment products in digital assets saw a turnaround as $28.5 million flowed in, ending a three-week outflow trend. The shift is attributed to US inflation data falling below expectations, reducing chances of a September rate hike, states CoinShares' report. Bitcoin led with $27 million inflow, recovering from a $144 million outflow in the past three weeks. XRP marked its 16th week of inflows, making up 12% of managed assets by providers like Grayscale. Canada dominated regionally with $23.8 million inflow, while Switzerland received $8 million, and the US nearly $1 million.

theblock - 1105 ngày trước

$779 Billion Asset Manager, Says Spot Bitcoin ETF Approval Odds Have Risen

Crypto ETFs' regulatory approval not only boosts spot market demand but also signals market growth, attracting institutional and retail flows for legitimacy, Bernstein's report states. With major asset managers interested in BTC ETFs and potential SEC objection solutions, approval likelihood rises, says Gautam Chhugani-led analysts. Bernstein predicts a significant spot BTC ETF market, potentially hitting 10% of Bitcoin's market cap in 2-3 years. SEC's prolonged review of Ark 21Shares' application, along with BlackRock and Fidelity's submissions, continues. The broker anticipates brand marketing, retail broker push, and fresh capital from stablecoins, asset tokenization, and ETFs.

coindesk - 1105 ngày trước

PayPal Launches Cryptocurrency Hub for Select Account Holders

Payments giant PayPal introduces Cryptocurrencies Hub, allowing users to hold, buy, and sell Bitcoin and other cryptos within their accounts. The feature facilitates payments through PayPal with proceeds from crypto sales. Conversion between PYUSD and other cryptos is also enabled. Eligibility requires a personal PayPal account in good standing with verified details. While some raise concerns about PYUSD's impact on decentralization due to its smart contract functions, the feature's direct link to users' accounts signals a step toward mainstream crypto adoption. Access varies among users, with Hawaii residents currently excluded.

cointelegraph - 1106 ngày trước

Javier Milei, Pro-Bitcoin Contender, Takes the Lead in Argentina's Presidential Race

Javier Milei, a prominent libertarian figure supporting the removal of the central bank and endorsing Bitcoin, takes the lead in Argentina's primary presidential election. With 84% of votes tallied, Milei, representing the "La Libertad Avanza" party, secures 30.73%, surpassing major party candidates. Milei criticizes central banks as deceptive tools for inflationary taxation and lauds Bitcoin for reinstating control to the private sector. Favoring a dollarized economy due to triple-digit inflation, he forgoes Bitcoin as legal tender. With a likely runoff election, Milei's pro-Bitcoin stance may further impact Argentina's economic discourse.

coindesk - 1106 ngày trước

PayPal Executive Unveils Plans to Incorporate PYUSD into the World of Decentralized Finance

PayPal's new stablecoin, PYUSD, is set to enter the decentralized finance (DeFi) arena, according to the company's blockchain VP, Jose Fernandez da Ponte. Launched recently, PYUSD will soon be accessible on crypto exchanges and compatible with DeFi systems. The token, an ERC-20 coin linked to Ethereum, aligns with New York regulations and boasts full backing. This move reflects PayPal's strategy to target crypto users within the expanding DeFi landscape, aiming to offer traditional use cases once available on major exchanges. The stablecoin's compliance with stringent regulations further underscores its robustness and suitability for wider adoption.

The Daily Hodl - 1107 ngày trước

Bitcoin (BTC) Sets Record with Highest Number of Non-Zero Addresses

Bitcoin Achieves New On-Chain Highs Amidst Stable Market: Glassnode Alerts, a prominent market analytics platform, has reported that Bitcoin (BTC) has reached new all-time highs in key on-chain metrics. The number of non-zero addresses for BTC has surged to 48,039,035, surpassing the previous ATH of 48,038,925. Additionally, BTC's supply last active over 10 years hit an ATH of 2,893,573,026 BTC. Although weekend market movement has been limited, BTC's price edged up by 0.01% in 24 hours, trading at $29,378.59.

Coin Edition - 1107 ngày trước

U.S. Senator Lummis Backs Crypto Advocates in Urging Court to Dismiss SEC's Coinbase Lawsuit

U.S. Senator Cynthia Lummis (R-Wy.) and various cryptocurrency lobbying groups have jointly submitted amicus briefs to a federal court, calling for the dismissal of the Securities and Exchange Commission (SEC) lawsuit against Coinbase. They assert that the SEC is overstepping its authority by claiming that platforms like Coinbase are unregistered securities exchanges, brokers, and clearinghouses trading unregistered securities in the form of cryptocurrencies. These arguments mirror Coinbase's own defense. This move comes after the SEC settled similar charges with Bittrex. The briefs highlight the importance of deferring to Congress in shaping crypto regulations.

coindesk - 1108 ngày trước

Visa Enables Direct Fiat Payment of Ethereum Gas Fees via Credit Cards

Visa's latest move in support of crypto involves enabling direct payment of Ethereum gas fees using fiat currencies through credit or debit cards. By utilizing Ethereum's ERC-4337 account abstraction standard and a "paymaster" smart contract feature, Visa successfully conducted tests on the Ethereum Goerli testnet, facilitating off-chain settlements of gas fees. This innovative approach eliminates the need for maintaining an ETH balance and offers a user-friendly method for blockchain-based transactions. The initiative aligns with Visa's ongoing efforts to enhance accessibility and convenience in the realm of blockchain-based payments.

coinspeaker - 1108 ngày trước

Boyaa Interactive to Buy $5 Million Worth of Bitcoin and Ethereum

Hong Kong's Boyaa Interactive International Limited has greenlit a $5 million budget for buying cryptocurrencies, notably Bitcoin and Ethereum, through regulated trading platforms in the upcoming year. The move aims to strategically position the company in the Web3 sector, demonstrating their anticipation of future trends and technologies. Boyaa Interactive, renowned for its online puzzle and card games, believes these cryptocurrency acquisitions align with their business interests and will ultimately benefit both the company and its shareholders. This decision underlines growing corporate acceptance and integration of cryptocurrencies as viable assets and tools for expansion.

theblock - 1109 ngày trước

Kentucky Boosts Bitcoin Mining by Granting $4 Million Electricity Discounts to Local Miner

Kentucky's push to become a favorable destination for bitcoin miners gains momentum as the Public Service Commission (PSC) greenlights $4 million in electricity discounts for local mining company Bitiki-KY. The move aligns with the state's commitment to affordable energy options and economic growth. Bitiki-KY's agreement includes a $25 million investment in facilities, creating five jobs, and establishing a mining location in Waverly. Despite criticism from certain groups, the PSC emphasizes the lack of legal obligation for job creation, solidifying the state's appeal to the crypto mining industry.

Blockworks - 1109 ngày trước

Bitcoin Mining Council Leads with 63% Renewable Energy Adoption in H1 2023

The Bitcoin Mining Council (BMC) released data indicating substantial progress in eco-friendly Bitcoin mining in H1 2023. The BMC, a global collective of Bitcoin miners, achieved a remarkable 70% YoY increase in hash rate, representing 43.4% of the global Bitcoin Mining Network. The group's sustainable power usage of 63.1% is boosting the industry's overall electricity mix to 59.9%. Moreover, technological efficiency grew by 24%, underlining Bitcoin's expansion and efficiency correlation. Additionally, BMC members contributed 2.5 GW of curtailed energy, aiding grid stability in North America. Bitcoin mining showcases its sustainability and grid support prowess globally.

CryptoSlate - 1109 ngày trước

Chinese Tech Giant Huawei Embraces Web3.0 with New Cloud Service

Chinese tech giant Huawei is venturing into the Web3 sector by enhancing its Huawei Cloud services with a new segment named 'Web3.0 Node Engine Service.' This expansion includes upgraded documentation and user guides, featuring Ethereum and TRON node engine introductions. The Web 3.0 Node Engine Service simplifies blockchain management, offering stable and secure infrastructure for Web3 applications. Huawei aims to engage stakeholders like staking node carriers, individuals, developers, and investors in the cryptocurrency and blockchain space with this move. This signals Huawei's increased interest in the growing world of cryptocurrencies and Web3 technology.

Finbold - 1109 ngày trước

Riot Aims to Triple Production by 2025, Spending Only $8.3k to Mine 1 BTC

Riot, a major Bitcoin mining player, reported a $76.7 million revenue in Q2 2023, showcasing the sector's strength despite volatile markets. This success, attributed to a 27% production rise rather than Bitcoin's value, is boosted by lowered mining costs ($8,389 from $11,316). CEO Jason Les praised their "unmatched scale" and strategic partnerships. Riot's plan to expand hash rate to 35.4 EH-s by 2025, along with diverse revenue sources including power sales, demonstrates confidence in Bitcoin's future. Challenges, like the Texas storm impact, haven't deterred Riot's innovative resilience.

CryptoSlate - 1109 ngày trước

US Bank SoFi Discloses $166 Million Worth of Cryptocurrencies in Holdings

San Francisco-based SoFi bank has reported holding around $170 million in cryptocurrency in its Q2 earnings report, showcasing a substantial increase from the previous quarter. The bank, which serves over six million customers, holds major cryptocurrencies like Bitcoin, Ethereum, and Dogecoin. SoFi not only holds these assets but also facilitates crypto trading for over 22 cryptocurrencies. Despite regulatory concerns raised by U.S. lawmakers and the Federal Reserve, SoFi's embrace of crypto reflects a positive step toward mainstream adoption, amid the backdrop of the crypto banking sector's recent challenges.

cointelegraph - 1109 ngày trước

Indian Ministry Aims to Innovate Digital Signatures with Crypto Token Integration

In a progressive move, the Indian Ministry of Electronics and Information Technology (MeitY) has unveiled plans to incorporate crypto tokens for digital document signatures within a domestically developed web browser. Despite lacking concrete cryptocurrency legislation, this initiative signifies India's openness to blockchain Challenge (IWBDC). The browser, to be created through the Indian Web Browser Development Challenge, seeks enhanced security, data privacy, and Web3 support. The government has allocated a substantial $400,000 prize fund, encouraging developers to submit their creations by July 1, 2024.

coindesk - 1110 ngày trước

France Adopts New Registration Rules for Crypto Companies in EU's MiCA Framework

France's financial regulator, Autorité des Marchés Financiers (AMF), has revealed updated registration requirements for cryptocurrency companies to comply with the EU's new regulations for the sector. The move comes ahead of the implementation of the Markets in Crypto Assets (MiCA) framework across the European Union. These "enhanced" requirements, obligatory for new players in the field from January 1, 2024, offer a streamlined authorization process for existing firms. The nation's proactive approach has already seen entities like Societe Generale's crypto arm obtaining the first crypto license.

coindesk - 1110 ngày trước

Coinbase Report: Crypto Sees Rapid Rise in New York's Adoption

According to a recent Coinbase report, crypto ownership in New York is at 19%, solidifying its position in the US crypto scene. The state ranks in the top 10 for ownership and average crypto holdings. The survey from Coinbase's United States of Crypto project shows 1-3 of respondents see crypto promoting financial fairness. With 700+ blockchain entities and over half of Fortune 100 firms in crypto, New York wields substantial crypto influence. Despite regulations, corporate interest in Web3 stays strong. Amid debates, the state combats crypto fraud and issues, showcasing its crypto commitment.

Blockworks - 1110 ngày trước

Cardano's DeFi Sector Surpasses 600 Million ADA in Landmark Achievement

Cardano (ADA), a long-standing smart contract blockchain, is now a strong contender in Decentralized Finance (DeFi). Since launching its native DeFi protocol in 2022, Cardano's public development and application deployment have expanded steadily. On August 8, Cardano hit an all-time high in Total Value Locked (TVL) in DeFi, reaching 601.35 million ADA (about $179 million). Notably, stablecoins contribute $15.69 million, primarily led by a 74% dominance of Indigo USD (IUSD). Minswap (MIN), Cardano's leading DeFi protocol, holds a TVL of 160.29 million ADA (approximately $47.86 million), accounting for 26.65% of the total locked value.

Finbold - 1110 ngày trước

U.S. Federal Reserve Implements New Program to Oversee Crypto Banking Activities

The US Federal Reserve has introduced a new program to enhance its oversight of banks' involvement in cryptocurrencies. The move, announced on Tuesday, establishes a "novel activities supervision program" where the central bank's digital asset experts will collaborate with regular regulators to handle dealings within the crypto sector. Banks under the Fed's authority must now obtain pre-approval for engaging in stablecoin operations, demonstrating their ability to manage associated risks. The program aims to strike a balance between regulatory control and fostering financial innovation, aligning with the recent surge in crypto interest.

coindesk - 1111 ngày trước

Billionaire David Rubenstein Believes Bitcoin's Future Assured by Institutional Interest

Private equity magnate David Rubenstein affirms Bitcoin's enduring status due to surging institutional involvement, notably BlackRock's pursuit of a bitcoin ETF. He highlights the global desire for a government-independent currency. Rubenstein rues missing the chance to buy bitcoin at $100 and anticipates skeptics reconsidering crypto due to traditional finance's growing engagement. His insights stem from BlackRock's ETF plans. While previously admitting investments in crypto-facilitating firms, Rubenstein also mentioned that Ripple's recent legal victory indicates ongoing skepticism about cryptocurrencies by the U.S. SEC.s.

coindesk - 1111 ngày trước

JPMorgan Anticipates Rise in Ethereum Engagement with PayPal Stablecoin Integration

PayPal's new stablecoin launch may raise Ethereum's value by increasing its locked value, suggests JPMorgan. The move could enhance Ethereum's role in stablecoin and DeFi projects. This development might fill the void left by Binance's shuttered BUSD stablecoin due to U.S. regulatory issues. However, critics note Ethereum's high transaction fees for PayPal's stablecoin use. JPMorgan analysts highlight the potential for payment network synergy in both traditional and decentralized finance. Yet, regulatory uncertainties for stablecoin issuers, especially fintech firms, remain a concern.

theblock - 1111 ngày trước

Ethereum Addresses Holding ETH Reach Historic 100 Million Milestone

According to Glassnode, the number of Ethereum addresses holding any amount of ETH (even the smallest fraction known as wei) has doubled since 2021, reaching a record high of 104,076,868. This surge in addresses comes despite Ethereum's recent price consolidation at around $1,830. In comparison, there were only about 20 million such addresses in 2019 and 50 million at the beginning of 2021. Additionally, Glassnode reported that over 4.3 million ETH has remained inactive for seven to ten years, while Bitcoin's dormant supply has also increased to nearly 30% of its total.

CryptoPotato - 1111 ngày trước

Binance Becomes First Fully Licensed Crypto Exchange in El Salvador

Binance, the popular cryptocurrency exchange, has secured two licenses in El Salvador, making it the first fully licensed crypto exchange in the country. The licenses obtained are the Bitcoin Services Provider (BSP) license from the Central Reserve Bank of El Salvador and the non-provisional Digital Assets Services Provider (DASP) license from the National Digital Assets Commission of El Salvador. With these licenses, Binance can now offer tailor-made crypto products and services in the country and work closely with authorities to promote crypto adoption and financial inclusion.

theblock - 1111 ngày trước

Blockchain.com Gains Major License, Facilitating Crypto Transactions in Singapore

Blockchain.com, a cryptocurrency business, has obtained a major payment institution license from the Monetary Authority of Singapore (MAS). The license, granted on August 1, allows the exchange to offer regulated digital payment token services to its institutional and accredited investor customers globally. The company has been expanding its presence in Asia, and this license marks a significant step in its growth. Additionally, MAS announced a commitment of up to S$150 million ($111.6 million) to support fintech and innovation, including web 3 technology.

theblock - 1112 ngày trước

Long-Term Bitcoin Holders Fueling the Crypto's Soaring Confidence

Long-term Bitcoin holders now possess a record-breaking 14.59 million BTC, signifying a growing belief in the cryptocurrency's potential as a store of value. These holders, who have kept their coins for at least 155 days, control 75% of Bitcoin's circulating supply. Recent data from Glassnode reveals an increase of 43,949 BTC (approximately $1.27 billion) in their total balance over the past week. The low realized volatility in Bitcoin indicates a phase of re-accumulation, reinforcing its stability amid recent price fluctuations. Despite a slight dip, Bitcoin remains strong with a 75% increase this year, outperforming traditional stock indexes.

Decrypt - 1112 ngày trước

Impressive Gains in Crypto Firms' Quarterly Earnings Amidst Market Boom

Crypto firms' quarterly earnings show increased revenue and profits due to the rising prices in the crypto market. MicroStrategy, Block, Coinbase, CoinShares, and Robinhood reported positive financial results. MicroStrategy's net income swung to $22.2 million from a $1.1 billion loss last year. Block saw a 34% YoY increase in Bitcoin revenue, while Coinbase posted $663 million in net revenue, surpassing non-trading revenue over trading revenue. CoinShares' revenue surged 33% YoY, and Robinhood became profitable for the first time. Despite some revenue declines, the overall crypto industry is thriving.

cointelegraph - 1112 ngày trước

Bloomberg Analyst: Major Holders Drive Bitcoin's Bullish Momentum

Bitcoin's bull run shows no signs of slowing down as long-term investors amass the digital asset. Bloomberg analyst Jamie Coutts reports a sharp rise in Bitcoin holdings among "residents," who now own 74.8% of the total supply. The movement of 30% of Bitcoin to cold storage since 2020 has reduced supply on exchanges to just 2.26 million Bitcoin. Coutts predicts a price of $39,000 by Q4 2023, and an optimistic $92,000 by 2025 if active entities exceed 600,000, with on-chain activity indicating ongoing Bitcoin usage surge.

U.Today - 1113 ngày trước

Research Indicates Tether Could Be the Owner of the 11th-Largest Bitcoin Address

A research analyst from 21.co has revealed that Tether, the company responsible for the leading stablecoin, may be holding the 11th-largest bitcoin address. Further confirmation from a reliable source at The Block supports this claim. Tether's recent assurance reports have sparked discussions about its earnings and bitcoin holdings. The Q1 2023 report showed $1.5 billion in bitcoin reserves, and the latest attestation by BDO indicates an $850 million increase in Q2 2023. Despite not confirming ownership, onchain data suggests Tether's involvement in bitcoin transfers originating from Bitfinex. This development strengthens confidence in crypto markets.

newsbtc - 1114 ngày trước

Bitcoin's 'Hodl' Strategy Triumphs in First Half of 2023, Outperforming Crypto Funds by 68.8%

In the first half of 2023, the "hodl" strategy for Bitcoin proved highly successful, outperforming most crypto funds by an impressive 68.8%, as reported by Switzerland-based investment adviser, 21e6 Capital AG. On average, crypto funds generated returns of 15.2% during the same period, while BTC saw gains of around 84%.. Challenging market conditions and large cash reserves held by funds from the previous year led to their underperformance. However, investor sentiment has improved slightly, indicating a potential increase in cash allocation to the crypto sector, though caution remains due to incomplete sentiment recovery.

cryptointelligence - 1114 ngày trước

Oman's Financial Regulator Seeks Public Opinion on Virtual Asset Regulation

The Capital Market Authority of Oman has released a consultation paper on its proposed regulatory framework for digital assets, inviting public feedback until August 17. The framework aims to govern cryptocurrencies and provide an alternative financing and investment platform while mitigating associated risks. The proposed regulations cover various aspects, including licensing requirements for virtual asset service providers, corporate governance, and asset issuance. Privacy coins may face a ban depending on public feedback. Once the consultation phase ends, the CMA will finalize the regulatory framework, marking Oman's move towards comprehensive virtual asset regulations.

cointelegraph - 1114 ngày trước

Coinbase CEO Firmly Denies Immediate Departure from US Amid Regulatory Challenges

Coinbase CEO Brian Armstrong has given a mixed response regarding the cryptocurrency exchange's plans to leave the United States due to regulatory uncertainty. While facing a lawsuit from the SEC and scrutiny from state regulators, Armstrong stated that Coinbase is currently staying in the U.S., with no immediate intention to leave. However, he had previously mentioned the possibility of relocating the exchange's headquarters to a more crypto-friendly country. The outcome of the SEC's case against Coinbase could have significant implications for crypto firms operating in the U.S., as seen in the recent Ripple lawsuit ruling.

cointelegraph - 1114 ngày trước

Bitcoin Investors Hold Strong with 69.2% of Supply Inactive

Bitcoin investors exhibit strong HODLing behavior as 13.42 million BTC remain inactive in addresses since August 2022. This immobile supply constitutes 69.2% of the total Bitcoin, demonstrating a steadfast belief in the cryptocurrency's long-term value despite market volatility. Only 1.14 thousand BTC were sent to exchanges recently, indicating a reluctance to sell at current price levels. The HODLing trend contributes to Bitcoin's market capitalization, valued at around $400 billion, surpassing the combined market cap of all cryptocurrencies excluding Bitcoin and Ethereum. With Bitcoin priced at $29,233, the sentiment among investors appears positive.

Finbold - 1114 ngày trước

Elon Musk Denies Creating Own Cryptocurrency for X (Twitter)

Elon Musk, has refuted rumors of the platform creating its own cryptocurrency. Speculations had been circulating since last year when Musk acquired Twitter for $44 billion. While the Dogecoin community hoped for DOGE integration, Musk has introduced a Subscription feature for micropayments to content creators. He clarified that X will not charge a 10% fee on creators' earnings until payments reach $100,000. Despite this, Musk has not addressed the possibility of implementing Dogecoin payments, a coin he once praised as a viable alternative to Bitcoin.

U.Today - 1115 ngày trước

US-Based Valkyrie Funds Plans to Convert BTF into Bitcoin and Ethereum ETF on Oct. 3

Valkyrie Funds, a US-based alternative assets management company, has filed for permission to transform its Bitcoin Futures ETF (BTF) into a Spot Bitcoin and Ethereum ETF from October 3. The move, if approved, would precede the launches of other 13 filers by two weeks. Bloomberg's Senior ETF analyst, Eric Balchunas, eagerly anticipates the outcome. Valkyrie aims to combine Bitcoin Futures contracts and Ether Futures contracts for its investment objective, with a proposed name change to Valkyrie Bitcoin and Ether Strategy ETF. The fund will continue trading on Nasdaq under the symbol 'BTF.'

Coin Edition - 1115 ngày trước