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New Jersey Mayor: City Pension Fund to Invest in Bitcoin ETF


In an unexpected but notable announcement, Steven Fulop, the Mayor of New Jersey, has declared a significant shift in the financial strategy of the Jersey City pension fund. In a recent Twitter post, Fulop shared that the pension fund is updating its paperwork with the SEC to allocate a percentage...

Ethereum Dips Despite ETF Launch; Pull Back to a New High?


The global crypto market has experienced solid bearish sentiment in the last 24 hours as the Ethereum (ETH) token takes a major hit. As tracked on CoinMarketCap, the ETH token recorded an 8.20% loss, pushing its price to $3,141. This negative sentiment is largely attributed to Tuesday’s...

Ethereum Plunges 8% Despite ETH ETF Approval: Here’s Why


The cryptocurrency market is experiencing turbulence as Ethereum (ETH) takes a major hit. ETH has dropped over 8% in the past 24 hours. This downturn comes after the much-awaited launch of ETH ETFs. Multiple Factors Converge to Push Ethereum Down The primary reason is the substantial outflow from...

Hong Kong Launches Its First Inverse Bitcoin ETF Product


CSOP Asset Management, a regulated asset management company, has become the first to launch an inverse Bitcoin ETF in Hong Kong’s markets. This allows traders and investors to speculate on the decline of the cryptocurrency’s value. The product complements other ETF products already...

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