Metaverse housing bubble bursting? Virtual land prices crash 85% amid waning interest
The virtual real estate market is crashing despite a McKinsey report predicting a $5 trillion market by 2030. Go to Source Powered by WPeMatico
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KuCoin crypto exchange debuts USDT-dominated NFT ETF
KuCoin’s new investment product aims to increase the liquidity of, and access to, leading nonfungible token collections such as BAYC. Go to Source Powered by WPeMatico
Charles Schwab’s asset management arm launches crypto-linked ETF
Schwab said the investment vehicle will offer exposure to firms involved in mining and staking as well as those developing blockchain-based apps or distributed ledger technology. Go to Source Powered by WPeMatico
Sub-$22K Bitcoin looks juicy when compared to gold’s market capitalization
BTC’s market cap is way smaller than gold’s, but the percentage of Bitcoin held by institutional investors suggests that the current pricing reflects an excellent discount. Go to Source Powered by WPeMatico
SEC extends window to decide on ARK 21Shares spot Bitcoin ETF to August
J. Matthew DeLesDernier, assistant secretary for the SEC, said it had extended to allow for “sufficient time to consider the proposed rule change and the issues raised therein.” Go to Source Powered by WPeMatico
5 events that could put an end to the current crypto bear market
Crypto bear markets are rough, but there are five moonshot events that could turn the ship around. Go to Source Powered by WPeMatico
World’s first short Bitcoin ETF sees exposure explode 300% in days
Since launching last month, the ProShares Short Bitcoin Strategy ETF (BITI) has eclipsed others in inflows. Go to Source Powered by WPeMatico
Where the Clash Between the SEC and Spot ETFs Comes In
This year, the majority of the crypto community had hoped for the Securities and Exchange Commission to have a more lenient approach as far as Bitcoin ETFs are concerned. That came after several companies applied for the same at the beginning of the year. Among them included Valkyrie, VanEck, Grayscale, Teucrium, and Global X, among … Read more
Not giving up: VanEck refiles with SEC for spot Bitcoin ETF
VanEck believes nothing should prevent the SEC from approving a pure Bitcoin ETF after the regulator greenlighted Bitcoin futures ETFs in 2021. Go to Source Powered by WPeMatico
New spot Bitcoin ETF launched at Euronext Amsterdam Exchange
The Jacobi Bitcoin ETF will start trading on the Euronext Amsterdam Exchange under the ticker BCOIN in July. Go to Source Powered by WPeMatico