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Bank of Russia Not Ready to Allow Bitcoin ETF Trading, Governor Says


Central Bank of Russia isn’t prepared to admit a bitcoin exchange-traded fund (ETF) to the market, the head of the regulator, Elvira Nabiullina, told Russian media. Her statement, reaffirming the bank’s hardline stance on cryptocurrencies that has been recently criticized again, came...

Sources Say Valkyrie Bitcoin Strategy ETF Set to Launch on Nasdaq This Week


After the Proshares Bitcoin Strategy exchange-traded fund (ETF) listed and smashed records in the first two days of trading, Vaneck’s bitcoin futures ETF was given the green light to start trading next week. Furthermore, sources say that the Valkyrie Bitcoin Strategy ETF is set to launch...

Bitwise Initiates Polygon (MATIC) Fund for Scaling Ethereum


Bitwise Asset Management, the world’s biggest index fund supervisor for cryptocurrencies, has made headlines with the commencement of the Bitwise Polygon (MATIC) fund. The company currently holds over 1.5 billion dollars of assets under Management. Under this strategic initiative, venture...

Billionaire Paul Tudor Jones Now Prefers Crypto Over Gold as Inflation Hedge


Billionaire hedge fund manager Paul Tudor Jones says that bitcoin is currently “winning the race against gold.” He added that the cryptocurrency is his preferred inflation hedge over gold. Paul Tudor Jones Chooses Bitcoin Over Gold Paul Tudor Jones, the founder of asset management...

Bitcoin Smashes Through All-Time High Surpassing $66,000 per Unit


The spot price of bitcoin smashed through the leading crypto asset’s all-time high (ATH) surpassing $66,000 per unit after the first bitcoin exchange-traded fund (ETF) was launched in the United States. The last time bitcoin touched an ATH six months ago on April 14, 2021, the price tapped...

Gary Gensler Explains Why SEC Approves a Bitcoin Futures ETF


SEC Chairman Gary Gensler has shared why the U.S. Securities and Exchange Commission (SEC) decided to approve a bitcoin futures exchange-traded fund (ETF) to trade on the NYSE. Meanwhile, the Commission has not approved a spot bitcoin ETF. Why SEC Approves Bitcoin Futures ETF As the first...

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