Valkyrie aims for ETF linked to Bitcoin mining firms on Nasdaq
The proposed ETF would invest at least 80% of its net assets in securities of companies that “derive at least 50% of their revenue or profits” from BTC mining.
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The proposed ETF would invest at least 80% of its net assets in securities of companies that “derive at least 50% of their revenue or profits” from BTC mining.
Mining bitcoin without any help from a larger pool has become an increasingly-improbable feat over the last decade.
Since the Cambridge Bitcoin Electricity Consumption Index (CBECI) project updated its mining map in mid-July, the United States has continued to dominate in terms of the amount of hashpower worldwide.…
Data from BTC.com estimates that the network will continue to grow stronger by attaining another ATH in the next 12 days — with a network difficulty of 26.70 trillion.
While we are unlikely to see immediate policy effects of the exchange, legislators got educated on a wide array of blockchain-related concepts and issues.
“If policymakers take a cautious approach and foster a pro-innovation environment, the rewards for consumers, investors and all Americans are likely to be great," said Jordan Ramis shareholder Gregory Zerzan.
The Initial Public Offering (IPO) for Texas-based Bitcoin miner Rhodium Enterprises is another feather in the cap for the Bitcoin-friendly southern State.
Bitcoin’s hash rate hits new all-time highs as Jack Dorsey tweets that Block is “officially building an open Bitcoin mining system.”
Holding true to their promises made last year, Block (formerly Square) plans to develop open-source Bitcoin mining systems and hardware wallets in 2022.
Michael Saylor’s MicroStrategy showed corporations that holding Bitcoin on their balance sheet is a viable strategy to hedge against inflation.