Tag: ETF

Canary Capital has filed an application with the U.S. Securities and Exchange Commission (SEC), the regulatory body overseeing the American financial markets, to launch the first exchange-traded fund (ETF) based on the cryptocurrency Sui (SUI). If approved, the fund will provide investors with a new way to gain exposure to the price fluctuations of Sui […]

Bitcoin recently experienced a significant surge, surpassing the $95,000 mark on the platform. This surge was driven by a market rally and the liquidation of $170 million in short positions. In addition, the rise in Bitcoin price was accompanied by an increase in trading volume, which almost doubled compared to the previous day. Liquidations Drive […]

Bitwise Asset Management is taking a bold step into the Bitcoin space by filing for a new Exchange-Traded Fund (ETF). The proposed ETF, named the Bitwise Bitcoin Standard Corporations ETF, aims to track companies that hold significant Bitcoin reserves. This unique approach provides investors with a way to indirectly gain exposure to Bitcoin through firms […]

MicroStrategy (MSTR) joining the Nasdaq-100 is a significant move, but the real prize could be its potential inclusion in the S&P 500. According to Benchmark’s report on Monday, this could be a game-changer for the company in the medium term.   MicroStrategy Adds Nasdaq-100 The Nasdaq-100 addition, announced Friday, takes effect on December 23. MicroStrategy, founded […]

BlackRock—global asset management giant—recently published a new paper recommending a 1% to 2% Bitcoin allocation in multi-asset portfolios. According to the firm, the percentage allocation of Bitcoin tallies with the risk levels mostly associated with several portfolios in possession of technology stocks which in turn offers investors ways to diversify risk. Bitcoin as a Risk […]