October Marks The Lowest Daily Trading Volume
October has the lowest daily trading volume. The market appears to be recovering, despite the poor daily trade numbers. This month still sets a record low for an average daily aggregate product volume across all digital asset investment products, despite the crypto market showing signs of a gradual recovery with Bitcoin (BTC$20,149) holding above the […]
Cryptocurrency Exchange Traded Fund (ETF) explained
Cryptocurrency Exchange Traded Fund (ETF) makes it possible for investors to invest in crypto without having to deal with a crypto exchange. A cryptocurrency exchange-traded fund (ETF) is a fund consisting of several cryptocurrencies that monitor the price or value of one or more digital tokens. The ProShares Bitcoin Strategy ETF (BITO), the first cryptocurrency […]
BlackRock launches blockchain-based Exchange-traded fund (ETF)
BlackRock, the world’s largest asset manager has launched a blockchain-based exchange-traded fund (ETF) that allows investors to gain exposure to the crypto and blockchain industries. The Blockchain and Tech ETF (IBLC) was added to the iShares product line on Wednesday by the world’s largest asset manager , which presently manages around $10 trillion in assets. […]
ProShares applies for Short Bitcoin Strategy ETF from SEC
ProShares has filed a registration statement with the Securities and Exchange Commission (SEC) to list shares of a Short Bitcoin Strategy ETF an exchange-traded fund that will be based on daily investment. ProShares filed an application with the Securities and Exchange Commission on Tuesday for an investment vehicle that would allow customers to wager against […]
Huobi reportedly plans crypto ETF launch in Hong Kong
Huobi technologies a subsidiary of Huobi Global is proposing to develop an exchange-traded fund (ETF) that will track popular cryptocurrencies in Hong Kong. Huobi has written to the Securities and Futures Commission (SFC) in Hong Kong , stating that the ETF will be structured in such a way that it will be accessible to retail […]