Hong Kong’s Spot Bitcoin and Ether ETFs Will Start Trading Next Week
On April 30, six spot ETFs based on cryptocurrencies will begin trading in Hong Kong following official approval from the city.
On April 30, six spot ETFs based on cryptocurrencies will begin trading in Hong Kong following official approval from the city.
The United States Securities and Exchange Commission has decided to postpone any decisions regarding two proposed exchange-traded funds (ETFs) focused on Ethereum.
Bloomberg analyst Eric Balchunas downplayed the excitement over Hong Kong’s approval of spot Bitcoin and Ether ETFs on Monday.
The GBTC crypto exchange-traded fund (ETF) has seen large amounts of money and Bitcoin being removed from its holdings on Friday, April 12.
According to analysts at Coinbase, the introduction of cryptocurrency exchange-traded funds (ETFs) in the US market will lead to a gradual decrease in the volatility of Bitcoin.
On April 2, Cathie Wood’s ARK 21 Shares Bitcoin ETF saw a record-high outflow of more than $87 million.
Consensys has addressed the United States Securities and Exchange Commission’s inquiry into whether Ethereum’s proof-of-stake consensus mechanism raises unique concerns regarding spot ether exchange-traded fund (ETF) applications.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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