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Second Bitcoin ETF In The US To Trade On Friday

The second bitcoin-linked ETF in the U.S., the Valkyrie Bitcoin Strategy ETF, is set to begin trading on Friday. The fund, which tried listing as BTFD, has backtracked and will list under the ticker symbol BTF. The third bitcoin futures ETF is set to launch on Monday. Valkyrie’s bitcoin-linked exchange-traded fund (ETF) has beaten VanEck in the race and will…

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Flow Blockchain Now Controlled by Community, Says Dapper Labs

In brief Dapper Labs announced that Flow community validators are now running 68% of the blockchain networks total nodes. The proof-of-stake network behind NBA Top Shot has undergone a process of progressive decentralization. Dapper Labs Flow blockchain is one of the most prominent networks in the rising NFT market, powering NBA Top Shot to more than $750 million of secondary…

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How Bitcoin Brings Financial Literacy

Credit: Rawpixels Bitcoin allows us to study and comprehend money on a level that most people have never experienced. Over the last decade, bitcoin has progressed from a niche asset to a sought-after financial tool. Today, it’s impossible to ignore news about bitcoin. How is bitcoin changing the financial landscape? A decade after its inception, bitcoin has gradually evolved into…

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Soldex Signs Long Term Partnership With Speqto Technologies – Sponsored Bitcoin News

sponsored Soldex is thrilled to announce that it has officially partnered with Speqto Technologies to accelerate the development of it’s decentralized exchange (DEX) solution, and to build and program the A.I.-powered bots, that form part of the services offered by Soldex to the public. Speqto Technologies were selected as the vendor due to their extensive expertise in building Decentralized Exchanges…

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ProShares Bitcoin ETF Hits $1 Billion AUM In Two Days

ProShares bitcoin-linked ETF hit $1 billion in assets under management in just two days, a record for the ETF industry. Gold ETF GLD held the previous record, having crossed the $1 billion mark in three days after it launched in 2004. A second bitcoin futures ETF is set to launch next week. The ProShares Bitcoin Strategy ETF ($BITO), the first…

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$2.2T asset manager PIMCO plans to buy more crypto

Fixed-income manager Pimco is planning to increase its exposure to digital currencies such as Bitcoin (BTC) after dabbling in the asset class through crypto-linked securities, offering the latest evidence that major institutions are starting to embrace the emerging asset class. In an interview with CNBC on Wednesday, CIO Daniel Ivascyn confirmed that Pimco already has exposure to “crypto-linked securities” through various…

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Mt. Gox trustee announces approval of rehabilitation plan, meaning creditors could soon receive billions

Creditors from the now-defunct crypto exchange Mt. Gox have overwhelmingly approved a rehabilitation plan to compensate them for billions in lost Bitcoin.According to an Oct. 20 announcement from Mt. Gox trustee Nobuaki Kobayashi, roughly 99% of creditors affected by the collapse of the Japan-based crypto exchange approved of the draft rehabilitation plan originally filed in the Tokyo District Court in…

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Malta financial watchdog approves Iconic’s crypto index fund for stock market listing

The Malta Financial Services Authority has greenlit the crypto asset index fund from asset manager Iconic Funds for listing on the Malta Stock Exchange.In an Wednesday announcement, Iconic Funds said it expected to list its BITA20 XA Crypto Asset Index Fund on the exchange “in the coming days,” with the fund offering direct exposure to cryptocurrencies. The fund invests most…

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Vaneck Bitcoin Futures ETF Gets Green Light from SEC — Fund to Join Proshares BTC ETF Listing on NYSE – Bitcoin News

The wealth manager Vaneck will be launching its bitcoin futures exchange-traded fund (ETF) in the United States following the Proshares ETF listing that launched on Tuesday. According to the post-effective filing with the U.S. Securities and Exchange Commission (SEC), the Vaneck bitcoin futures ETF launch is approved to be listed after October 23. Vaneck’s Bitcoin Futures ETF Is the Second…

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