
ProShares on Verge of Launching First Bitcoin Futures ETF in US on NYSE
Fund manager ProShares has reportedly received permission from the SEC to launch a US-based Bitcoin futures ETF tomorrow.
Fund manager ProShares has reportedly received permission from the SEC to launch a US-based Bitcoin futures ETF tomorrow.
Besides Bitcoin and Ethereum, the remaining eight digital currencies that make up the 10 ten coins on Coingecko contribute more than $30 billion each to the combined crypto market cap.
The increased expectations of an imminent futures-based ETF’s debut on the US markets have spiked activities on the CME this month even though many experts also attribute the new development to stronger participation from state-side institutional investors.
After the hint dropped by Grayscale, a Twitter user ‘svrgnindividual’ raised concerns about the restructure’s impact on investors holding Grayscale’s Bitcoin Trust shares.
The Bitcoin community is expecting a Bitcoin ETF to begin trading today or tomorrow. BTC price is moving higher in anticipation of the launch.
Ethereum is currently retesting September’s daily highs with the momentum pointing towards a new ATH.
Songbird platform is the canary network of the Flare network similar to the Polkadot and Kusama networks.
The Acting Chairman of CTFC noted that the case showed just how desperately the digital asset marketplaces need honesty and transparency.
Since the news broke out that the SEC could be set to approve a Bitcoin futures ETF application, the flagship crypto asset, for the first time since its April crash, managed to go above $60,000 again.
Payment platform Strike says US users can now convert their salaries to Bitcoin. The new feature allows access regardless of the employer’s adoption.
With Cartesi’s Linux-integrated standard programming environment, developers are able to build more scalable smart contracts that would get wider use.
The exact assets that Australia’s fifth-largest pension fund is planning to bet its money on haven’t been revealed.
The collaboration with Binance Smart Chain allows Highstreet to depict novel methods of representing Decentralised Finance uses and applications for the metaverse.
Aurora said that it will use the funds for the development and maintenance of the EVM along with the bridges that it is currently operating between Ethereum and NEAR.
Because of the SEC’s continuous witch hunt targeted at the crypto sector, Coinbase believes a separate regulator will be better. However, the SEC disagrees.