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CoinShares to acquire Valkyrie Funds after US spot bitcoin ETF approval streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
EMERGING MARKETS-Chilean peso hits 2-month low; Latin American stocks edge higher nasdaq.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nasdaq.com Daily Mail and Mail on Sunday newspapers.
Bitcoin miners are making hay while the sun shines. The next halving is expected in April 2024, a process designed to slow the release of bitcoin, whose supply is capped at 21 million - of which 19 million have already been mined. "You're seeing a lot of urgency to plug rigs in ahead of the halving," said Gregory Lewis, analyst at brokerage BTIG that covers the 13 biggest U.S.-listed bitcoin miners. ....
The long-anticipated U.S. launch of a group of exchange-traded funds tracking ether offered fresh evidence of the malaise at a time when investors are running from risk amid economic gloom and war in Ukraine and the Middle East. The six ETFs launched on Oct. 2 offering exposure to ether futures contracts pulled in just under $10 million in their first week of trading, according to CoinShares data. "The timing of the futures ETFs could hardly be worse," said Vetle Lunde, senior analyst at K33 Research. ....
By Medha Singh and Lisa Pauline Mattackal (Reuters) - Bitcoin? It's a bit old hat, say a cohort of crypto investors who are betting on blockchain tech. ....