BLOCKCHAIN • CRYPTOCURRENCY • NARRATIVE JOURNALISM
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Last month, the U.S. Securities and Exchange Commission (SEC) rejected a proposal on Bitcoin ETF (Exchange Traded Fund) presented by Bitwise Asset Management. Later on, the Commission would proceed to publish a 112-page document exposing how it had chosen to reject the proposal. In its explanation, the SEC stated that the proposed fund seemed to [...]
What is an ETF? An ETF, or Exchange-Traded Fund, represents a form of investment vehicle that tracks the performance of a specific asset. This lets you invest in an asset without actually having to own the asset itself. Since most traders aren't interested in owning the actual asset but only making profits, ETFs simplify the [...]
The Bitwise startup, known for its HOLD 10 Cryptocurrency Index Fund, has stated that it is pursuing regulatory authorization to go forth with the launch of an Exchange Traded Fund which focuses on the top ten cryptos by market cap. The firm has stated that its ETF proposition will allow the tracking of returns based [...]