SEC Chair Gary Gensler and Proshares CEO Simeon Hyman discussed the launch of the first Bitcoin-linked ETF in a CNBC breaking news segment on Tuesday. Proshares Bitcoin Strategy ETF, also known as BITO, is based on CME Bitcoin futures contracts.
October 19, 2021
Billionaire investor Carl Icahn warned Tuesday that the next market crisis may be on the horizon, and Bitcoin could be the best hedge against inflation. With the United States government continuing to stimulate the economy, Icahn warnedthat he fears the
Crypto lending firm Celsius Network has confirmed it is one of three platforms requested to provide information to the New York Attorney General’s office. In an Oct. 19 blog post, Celsius said it was not one of the two unnamed
The rapidly evolving realm of decentralized finance (DeFi) has brought a new level of utility and value to the cryptocurrency ecosystem in 2021 but has also provided nefarious actors with numerous exploits for siphoning profits and tokens away from unsuspecting
Major cryptocurrency exchange Coinbase has inked a deal with the National Basketball Association giving the platform the opportunity to educate basketball fans on crypto. In an Oct. 19 announcement, Coinbase said it would become the exclusive cryptocurrency platform partner of
Blockchain analytics firm Chainalysis plans to purchase an undisclosed amount of Bitcoin for the firm’s balance sheet through New York Digital Investment Group’s brokerage services. In a Tuesday blog post, Chainalysis said it will expand its partnership with the New
A favorable macro environment, strong on-chain fundamentals and the approval of new futures-based ETFs in the United States are set to launch Bitcoin (BTC) to new all-time highs this quarter, according to a survey of fintech industry specialists commissioned by
The total cryptocurrency market capitalization broke $2.5 trillion as the U.S. Securities and Exchange Commission seems to be open to approving additional crypto futures-linked exchange-traded funds. According to data from Cointelegraph Markets Pro, the value of all cryptocurrencies has more
The majority of blockchain applications are still yet to be widely used in everyday life, despite the technology’s ability to provide advanced safety and privacy through encryption. For this reason, adoption of the technology is often placed at a standstill
The first Bitcoin futures-linked exchange-traded fund in the United States began trading on the New York Stock Exchange, opening at a price of $40 per share. According to the New York Stock Exchange, ProShares’ Bitcoin (BTC) Strategy ETF, the first exchange-traded
