Tag: ETF

Australia’s first Bitcoin exchange-traded fund, Cosmos Asset Management’s Bitcoin ETF, will be listed on the Cboe equities trading platform next week, Australian Financial Review reported on Tuesday. The report suggested the country’s clearinghouse, ASX Clear, confirmed that four market participants agreed to meet its stringent margin requirements. According to a report, an Australian clearinghouse controlling…

Valkyrie Funds announced the launch of the Valkyrie Bitcoin Miners ETF, the exchange-traded fund focused on Bitcoin mining operators. ETF will focus on firms that employ at least 77% renewable energy. The Valkyrie Bitcoin Miners ETF (WGMI) began trading on February 8 on the Nasdaq. It invests in publicly traded miners using renewable energy as…

ProShares, the first US-based company to launch a Bitcoin ETF, is now planning to launch an exclusive Metaverse ETF. ProShares Metaverse ETF will track the performance of the Solactive Metaverse Theme Index, which includes prominent tech firms such as Apple and Nvidia.   On Tuesday, ProShares filed with the US Securities and Exchange Commission (SEC)…

The US Securities and Exchange Commission (SEC) rejected on December 23 two proposals by Kryptoin and Valkyrie investment firms for spot Bitcoin exchange-traded funds (ETFs). Rejecting Bitcoin spot-ETFs, the SEC has also disapproved of any creative products such as leveraged or inverse futures backed ETFs. The most remarkable year for cryptocurrencies yet is coming to…

The US Securities and Exchange Commission (SEC) has approved the launch of the Bitcoin Strategy ETF. The exchange-traded fund (ETF) buys cryptocurrency (in this case, bitcoin), and sells shares to stock exchange investors. The first U.S. exchange-traded bitcoin fund has been listed on the New York Stock Exchange since October 19. Investors now have access…

The US Securities and Exchange Commission (SEC) has rejected a proposal to launch a spot Bitcoin exchange-traded fund (ETF) that would actively track the price of BTC. Cboe BZX exchange had applied back in March; however, the SEC stated that not enough was done to protect investors from fraudulent trading. The Commission says the proposal…