Bitcoin, the leading cryptocurrency, is witnessing a decline in its presence on cryptocurrency exchanges, with the percentage of Bitcoin held on exchange addresses reaching its lowest level in over five years. As per data from blockchain and crypto analytics platform Glassnode, the current percentage stands at 11.7%, equivalent to 2.27 million BTC, marking a continuous […]
Following the Hong Kong Security and Futures Commission (SFC) establishing an application opportunity for willing Exchange Traded Funds (ETFs) providers, CSOP expressed its keen interest in providing Ethereum ETFs for traders. The SFC recently granted the CSOP’s application final approval. On December 16, this year, the Bitcoin and Ethereum Futures ETFs will finally be listed […]
Summary: The big upgrade to Ethereum — a.k.a. “The Merge” — is planned to be a once-in-a-lifetime switch from Proof of Work to Proof of Stake, making Ethereum more energy-efficient and potentially much more valuable. Three ways to invest now: buy ETH, stake ETH, or invest in the top staking companies. Windows 95 was a […]
The launch of the first set of cryptocurrency-based exchange-traded funds (ETFs) in Australia met a weak reception amid an industry-wide sell-off-fueled crash, signaling the possible start of another extended crypto winter. Australia saw its first ETFs launch on the Cboe Global Markets Australian exchange earlier today after a delayed launch. The funds launched on the […]
New York-based multinational investment management corporation BlackRock has announced the launch of its cryptocurrency-focused exchange-traded fund (ETF) called iShares. Like most ETFs, the product will grant customers access to the cryptocurrency market without holding real crypto assets. BlackRock is revered as the world’s largest asset manager, with an asset under management (AUM) of a jaw-dropping […]
Speaking to CNBC last week, the CEO of Grayscale Investments, Michael Sonnenshein, has asserted that the US Securities and Exchange Commission (SEC) risks violating the Administrative Procedure Act (APA) if it continues to renege on approving a spot Bitcoin exchange-traded fund (ETF). Over the last year, the regulatory watchdog has approved two futures-tied BTC ETFs. […]
