SEC Grants Approval to VanEck Ethereum ETF
After three years of filings, the VanEck Ethereum exchange-traded fund (ETF) has been approved by the United States Securities Exchange and Securities Commission (SEC). The ETF’s Notice of Effectiveness, submitted on July 22, is designed to offer investors a regulated method of acquiring exposure to Ether in the United States. The approval results from a […]
Nansen Introduces First Ether ETF Analytics Dashboard
Blockchain analytics provider Nansen has launched the crypto industry’s first-ever Ether exchange-traded fund (ETF) analytics dashboard. The free dashboard will monitor the performance of the highly anticipated United States-based spot Ether ETFs. It will give traders a real-time overview of the most critical data, including an interactive ETF flow chart and total ETF issuer balances. […]
WazirX Hacker Transfers $57M ETH, Exchange Increases Bounty
The $230 million WazirX hacker has transferred $57 million in ETH of the stolen funds to two new cryptocurrency addresses. In the most recent endeavor to redirect the stolen assets, the hacker has transmitted 16,350 Ether worth over $57 million to two new crypto wallets. According to a July 22 X post by blockchain security […]
Asia’s First Inverse Bitcoin ETF to Launch in Hong Kong
Hong Kong will introduce Asia’s first Bitcoin futures inverse product, the CSOP Bitcoin Future Daily (-1x) Inverse Product (7376.HK), on July 23. The objective of the new exchange-traded fund (ETF) by CSOP Asset Management, one of the largest asset administrators in China, is to provide investors with a means of profiting from drops in the […]
Singapore Invests $74.3M for Quantum Computing, AI in Finance
The Monetary Authority of Singapore (MAS) has allocated 100 million Singapore dollars ($74.36 million) to enhance its finance sector’s quantum computing and artificial intelligence capabilities. The MAS, Singapore’s central bank and financial regulatory authority, has administered its most recent injection of funds to assist local financial institutions in establishing quantum computing infrastructure and accelerating AI […]