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JPMorgan: Inflation Hedge Narrative Propelled Bitcoin’s Price to ATH

Strategists at the financial institution JPMorgan Chase & Co. argued that the reason behind BTC’s all-time high price is not the launch of the ProShares Bitcoin Strategy ETF. Instead, concerns…

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Spot and Futures-Backed Bitcoin ETF: What’s the Difference?

On October 19th, 2021, the United States Securities and Exchange Commission (SEC) approved the first futures-backed Bitcoin exchange-traded fund (ETF). An SEC-approved ETF is something that the cryptocurrency community has…

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Crypto Market Cap Tops $2.6T: Solana Explodes 20% and ETH Up 8% (Market Watch)

The six-month waiting is over as bitcoin managed to break the previous all-time high and set a new one at $67,000 yesterday. While the asset has lost some ground since…

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$2.2T Asset Manager Pimco Is Starting to Trade in Cryptocurrencies, Said CIO

Pimco – a global investment management firm – recently confirmed that it is slowly increasing its cryptocurrency exposure. Chief Investment Officer Daniel Ivascyn said some of the company’s hedge funds…

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VanEck Receives SEC Approval: Will Launch Its Bitcoin Futures ETF Next Week

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.…

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