$88,904.00
4.53%$2,256.19
3.55%$2.74
27.24%$620.07
2.40%$168.33
19.49%$0.999887
0.00%$0.97636
53.59%$0.223239
9.96%$2,254.53
3.73%$0.239743
3.52%$88,863.00
4.88%$0.353016
18.55%$0.254208
8.23%$15.65
7.80%$3.05
8.69%$2,697.59
3.86%$23.13
8.10%$122.93
-2.23%$9.83
0.77%$3.41
4.84%$0.00001424
4.75%$0.999733
-0.01%$8.01
7.38%$4.85
5.62%$328.71
6.24%$2,254.85
3.49%$19.03
-1.58%$0.99797
-0.06%$4.23
5.11%$7.74
5.45%$2,385.83
3.17%$227.72
4.18%$3.33
5.97%$27.41
3.68%$6.40
0.43%$1.078
8.01%$0.00000797
6.46%$6.87
6.92%$201.80
7.49%$19.84
4.15%$14.97
14.07%$1.041
0.04%$46.96
4.67%$335.75
1.28%$21.39
4.58%$0.759443
2.81%$89,046.00
4.89%$0.290838
7.48%$0.0301448
9.02%$0.731155
-0.59%$0.273681
15.41%$4.35
5.60%$27.71
6.70%$3.35
5.43%$0.812839
9.65%$0.082661
8.22%$4.03
8.21%$0.076063
4.56%$1.001
0.20%$4.62
2.53%$0.429344
4.87%$88,804.00
4.84%$1.087
4.20%$0.672486
6.08%$3.97
0.16%$5.96
8.76%$11.61
2.00%$97.16
4.96%$1,626.71
0.20%$2,261.09
3.68%$87,919.00
3.73%$13.37
4.62%$0.082587
2.59%$0.412214
4.86%$2,337.09
3.47%$0.835658
4.97%$0.710251
1.81%$1.13
5.23%$1.21
6.98%$1.20
6.43%$0.252959
2.90%$0.122582
5.20%$174.91
19.84%$1.26
3.25%$2,542.31
3.51%$0.00001444
8.32%$0.464669
7.44%$0.998147
0.07%$18.58
3.22%$0.01771886
8.95%$2,384.04
3.67%$8.48
3.62%$0.595361
8.25%$0.0183849
4.36%$87,201.00
3.65%$0.02045756
6.96%$214.18
19.70%$0.226636
13.73%$0.334058
7.14%$0.793852
6.60%$0.00008332
4.95%$0.00863934
0.52%$2.67
17.04%$2.59
7.54%$0.211796
5.70%$0.489735
4.99%$619.67
2.24%$1.00
0.04%$22.11
5.22%$0.00000075
2.63%$0.123555
3.81%$88,699.00
4.60%$1.093
4.02%$35.68
3.59%$2,857.99
-0.02%$0.704275
17.00%$9.93
5.74%$182.99
19.41%$2,343.99
3.71%$41.12
11.18%$22.74
6.59%$2.58
8.46%$1.002
0.39%$3.46
7.74%$3.83
4.75%$0.977156
4.10%$2,876.74
0.68%$2.03
1.32%$0.452128
6.28%$0.210698
3.70%$0.00905633
3.14%$0.115588
5.69%$0.304236
7.01%$0.220372
8.43%$8.34
4.15%$2,254.15
3.57%$0.71908
5.64%$0.01615896
15.63%$1.00
0.05%$2.17
-0.63%$86,774.00
4.16%$0.290767
7.39%$0.644015
6.18%$0.07326
-0.27%$0.544744
5.83%$2,383.21
3.55%$2,254.80
3.55%$1.002
0.49%$0.63037
4.90%$0.996399
0.04%$1.001
0.14%$0.497867
4.92%$0.051938
5.05%$0.441655
4.17%$2.88
2.29%$0.00002338
3.53%$2.07
2.96%$1.33
5.06%$51.69
3.87%$89,143.00
4.81%$2,256.15
3.73%$0.999897
0.00%$88,666.00
4.24%$1.049
1.34%$0.00000044
3.38%$110.15
0.00%$0.00432774
10.99%$0.00814649
-0.08%$0.00771831
8.44%$0.00501584
3.71%$0.361607
4.45%$1.001
0.15%$1.64
3.25%$0.140557
3.94%$1.65
3.89%$0.363367
-3.65%$1.055
0.00%$0.03999437
9.05%$0.428399
3.57%$152.64
4.75%$0.323207
4.52%$88,812.00
5.03%$23.94
2.29%$4.53
-8.24%$1.095
0.83%$0.00006914
4.88%$1.00
0.00%$0.147818
8.94%$2,254.66
3.56%$0.00484234
56.94%$2,229.40
3.51%$0.097038
4.23%$2,263.85
3.68%$0.34248
0.22%$0.247601
4.66%$2,462.49
3.61%$0.330962
-2.97%$2,256.11
3.64%$1.004
-0.12%$0.955574
9.19%$0.03273533
2.55%$19.88
5.34%$0.322801
13.71%$0.747443
3.44%$26.18
3.94%$0.158864
9.35%$2,350.72
3.83%$0.621751
1.50%$2,380.12
3.51%$3.24
6.05%$0.00300263
11.45%$0.04466253
2.22%$0.999744
0.07%$0.00649965
0.95%$2,246.07
3.72%$2,442.41
3.64%$0.132845
4.03%$2.64
4.30%$1,784.67
4.54%$0.03797025
3.19%$0.999897
-0.01%$88,275.00
4.09%$88,804.00
4.63%$4.97
9.91%$0.501269
1.92%$0.0139607
5.54%$0.04062848
6.21%$2.60
4.80%$0.00000013
4.01%$7.00
8.93%$0.591818
8.67%$0.264461
0.12%$0.00299136
4.47%$0.715946
5.42%$8.46
-4.91%$0.00088156
9.04%$0.00000066
4.76%$0.03859778
-1.91%$0.171393
4.70%$6.49
4.08%$0.300212
4.72%$0.599776
-1.41%$11.91
6.46%$0.00140236
3.53%$2,418.43
3.61%$0.00
4.85%$0.135239
9.01%$0.246789
-1.82%Reading
Valkyrie is putting one of fintwit's favorite memes back to work in a new ETF filing.
The investment firm yesterday filed a fresh application for a Bitcoin futures-based exchange-traded fund that’s hoped to trade on the NASDAQ under the ticker “BTFD.”
Unlike the firm’s already active BTF fund, this one will be leveraged, letting speculators double down on their exposure to the leading cryptocurrency.
The suggestive ticker was first planned to be used for the first fund until the firm amended the ticker in October 2021.
"As the space continues to get stronger and more entrenched within our financial system, we’re seeing a continued interest from traditional finance players looking for price and volatility exposure to BTC without holding Bitcoin directly," a Valkyrie spokesperson told Decrypt. "This traditional finance interest is coupled with renewed retail interest in crypto due to recent cracks in the traditional banking system."
Neither of Valkyrie’s Bitcoin-centric funds have direct exposure to Bitcoin. Instead, they use Bitcoin futures traded on the Chicago Mercantile Exchange (CME).
Traders who hold futures contracts—for Bitcoin, corn, gold, or any other asset—actually hold an agreement that obligates a trader to buy or sell an asset at a specific time, quantity, and price.
So far, there are four different Bitcoin futures-based ETFs on the market, with the first being ProShares Bitcoin Futures ETF (which launched in October 2021 as well).
There aren’t any Bitcoin spot ETFs, or funds that have direct exposure to the leading cryptocurrency, as the SEC has blocked each application attempt.
The Commission has rejected all attempts at a spot Bitcoin ETF, citing concerns over the possibility of manipulation in the Bitcoin market.
Digital asset manager Grayscale is currently engaged in a long-standing legal battle with the SEC to convert its ailing Grayscale Bitcoin Trust product (GBTC) into a spot Bitcoin ETF. The investment firm called the Commission’s move to approve futures-based ETFs instead of spot ETFs “illogical.”
Decrypt and Yahoo Finance present: Crypto Goes Mainstream, an afternoon of live conversations with some of the biggest names in crypto to talk investing, mass adoption, NFT collecting, and how to get started with Web 3. November 9, 2021 in Brooklyn.
"There is thus no reasonable basis for concluding that CME surveillance adequately protects holders of one kind of ETP [Exchange-Traded Product] but not the other," read a brief from Grayscale at that time. "Yet the Order rests on that very conclusion."
In March, judges overseeing the spat between both entities in the U.S. Court of Appeals for the D.C. Circuit also said that the SEC “really needs to explain [...] how it understands the relationship between Bitcoin futures and the spot price of Bitcoin.”
Public Keys is a new weekly roundup from Decrypt that tracks the key publicly traded crypto companies. That term can be quite broad. It includes crypto exchange Coinbase, Michael Saylor’s Bitcoin-amassing Strategy, Jack Dorsey’s crypto payments processor Block, Inc., and the many publicly traded crypto mining companies. This week’s edition focuses on Bitcoin miner Marathon’s big win in Q4 and why it doesn’t seem to be convincing analysts to upgrade their ratings. Also: Crypto exchange Coinbase h...
The name and brand of Solana meme coin Bonk will soon adorn a combat sports stadium, as a result of it teaming up with the president of crypto-fueled fighting league Karate Combat, Asim Zaidi, as he looks to upgrade his social media-famous gym, the Goat Shed. With this, the Bonk Stadium is set to host half of the upcoming Karate Combat events, with the league saying that two other fighting organizations have expressed interest in using the venue. Currently, the Goat Shed gym spans 3,000 square f...
Billions.Network has launched a digital identity verification platform designed to offer a non-biometric and privacy-focused alternative to existing verification systems, including Sam Altman’s crypto project, World. The platform, which utilizes zero-knowledge proof tech, seeks to provide a scalable and secure method for verifying both human and AI identities. The company said more than 9,000 projects, including TikTok, Top Doctors, and World—previously Worldcoin—have implemented its underlying...
