Galaxy Interactive – the affiliate of Galaxy Digital Holdings Ltd. – completed a $325 million funding round to expand further into the digital space. More than 70 LPs participated in the event, including institutional investors, endowments, strategic investors, and family offices. Youngsters Move from The Physical to The Digital World According to a recent announcement,...Read More
Global investment manager VanEck is set to launch a bitcoin futures exchange-traded fund (ETF) next week, shortly after ProShares got the SEC’s green light to launch the first BTC ETF. As per a Wednesday post-effective filing with the Securities and Exchange Commission (SEC), VanEck revealed it had secured approval from the SEC, and it’s now...Read More
British motor racing team, McLaren Racing, has recently announced the launch of its non-fungible tokens (NFTs) platform, where fans and digital art collectors can purchase its digital collectibles. The new endeavor will be built on the popular Tezos blockchain. McLaren Joins the NFT Craze According to a press release shared with CryptoPotato, the NFT platform,...Read More
Bitcoin, the most valuable cryptocurrency in the world, reached a new all-time high of about $67,000 on Wednesday, surpassing the previous peak set in April. Its prices have risen by 50% in the last month. Advertisement On Wednesday, bitcoin was hovering just below its all-time highs, and the first bitcoin futures-based exchange-traded fund (ETF) in...Read More
Digital Currency Group, the organization behind the world’s largest cryptocurrency asset manager, has decided to enhance its Bitcoin position by authorizing the acquisition of $1 billion more worth of shares of Grayscale’s Bitcoin Trust. The press release dated October 20th reads that Digital Currency Group has upped its authorization from $750 million to $1 billion....Read More
San Francisco-based digital asset management firm – Bitwise Asset Management – has announced the launch of its Bitwise Polygon (MATIC) Fund. According to an official press release shared with CryptoPotato, the Fund will serve as a professionally managed investment vehicle that will give Bitwise’s wealthy clients access to MATIC, the Polygon network native cryptocurrency. The...Read More
Gary Gensler – chairman of the Securities and Exchange Commission – recently explained his approval of a Bitcoin Futures ETF. He believes the ProShares ETF falls under current investor protections more easily than a spot-traded fund. However, many bitcoiners and other crypto supporters remain opposed to it. Protections for Futures ETF Users Gensler aired his...Read More
[PRESS RELEASE – Road Town, BVI, 19th October 2021] OpenOcean positions itself as the go-to place for best-priced cross-chain swaps. Its combination of margin pools for greater capital efficiency and intelligent wealth management services have attracted institutional interest. There is a vast ocean of liquidity in the cryptocurrency world, and OpenOcean makes it possible for...Read More
Around $1 billion in volume was traded in BITO as more than 24 million shares changed hands on its first day. The ProShares debut ranked only behind a BlackRock carbon fund for the first day of trading. According to Bloomberg data, BITO climbed about 4.9% to $41.94 on the day. Options on BITO will begin...Read More
On October 19, the first Bitcoin exchange-traded fund (ETF) debuted on the New York Stock Exchange (NYSE), generating a lot of buzz. On its inaugural day, the ProShares Bitcoin Strategy ETF (BITO) saw over $1 billion in trading volume. Advertisement The ETF traded nearly $280 million worth of shares in the first 20 minutes of...Read More
On 20 October 2021 at 04:00 UTC, we listed our new monthly XBT futures on BitMEX. Please see the table below for the listing and settlement dates of current futures contracts. Code Pair Listing Date Settlement Date XBTV21 Bitcoin / USD 23 September 2021 29 October 2021 XBTX21 Bitcoin / USD 20 October 2021 26...Read More
