$86,661.00
-1.23%$2,018.21
-2.29%$2.41
-1.37%$624.16
-1.54%$140.34
-3.88%$0.9998
-0.01%$0.197009
4.58%$0.744584
-1.60%$0.227547
-0.24%$2,011.63
-2.44%$86,267.00
-1.56%$15.46
0.66%$22.24
-1.16%$9.76
-0.25%$0.288024
-1.50%$3.53
-3.12%$0.00001481
9.70%$2,431.78
-1.57%$0.999861
0.01%$0.193701
-2.53%$2.57
5.66%$93.27
-0.30%$4.64
-1.18%$331.14
-0.04%$6.51
-3.25%$5.04
1.39%$2,022.27
-2.03%$0.999636
-0.01%$0.7772
-13.54%$0.997433
-0.21%$13.81
-16.83%$2,148.54
-2.05%$28.96
-1.41%$222.92
0.11%$6.83
-2.34%$0.00000869
9.14%$3.00
0.13%$5.85
-1.53%$1.043
-0.25%$1.16
-0.43%$49.92
-0.42%$6.15
0.82%$23.66
-1.34%$0.917885
-1.09%$35.68
2.55%$0.836218
-0.53%$0.102516
0.67%$86,716.00
-1.26%$183.02
-2.59%$18.15
-0.93%$1.001
0.27%$11.52
-0.25%$266.96
-1.52%$0.02649677
0.07%$0.421225
-2.49%$4.90
0.95%$3.96
-2.50%$3.54
-3.15%$0.232398
3.81%$3.09
-0.89%$0.07646
-1.65%$1.00
0.00%$0.602636
-1.65%$86,613.00
-1.08%$0.385753
-0.76%$0.208559
0.14%$4.00
-0.71%$0.995127
-0.51%$6.05
-1.23%$0.553888
-3.98%$0.556046
-0.59%$0.890437
-0.40%$11.24
-0.24%$86,508.00
-1.06%$0.514613
14.15%$2,024.96
-1.94%$2,100.87
-2.24%$0.652742
2.51%$1.16
1.37%$0.072937
-1.61%$1,338.94
6.00%$0.933981
1.19%$0.00001451
2.73%$146.83
-3.19%$76.77
-2.50%$0.710531
2.53%$10.82
2.27%$0.210997
1.66%$0.997503
-0.50%$0.105079
0.87%$0.991736
2.27%$2,287.55
-2.00%$17.44
1.04%$0.997774
-0.00%$1.034
-2.45%$0.0147645
0.39%$0.571867
-0.02%$7.72
-4.62%$77,339.00
-12.58%$0.997264
-0.27%$0.01839463
0.46%$2,142.75
-2.16%$1.001
0.03%$624.22
-1.39%$0.307856
1.82%$2.43
2.87%$0.724626
0.57%$0.999537
-0.02%$3,031.91
-0.23%$0.199807
4.64%$0.544651
7.73%$0.00007285
9.38%$0.00000072
2.22%$86,270.00
-1.32%$180.38
-3.58%$34.61
-0.70%$2.30
-10.83%$0.4258
0.31%$3,023.59
-0.58%$0.110488
2.17%$1.001
-0.05%$0.01282532
2.31%$2,101.20
-2.17%$0.169945
-1.94%$0.00101651
-11.26%$38.04
3.03%$3.33
-2.22%$0.635606
2.40%$154.54
-3.59%$17.71
-0.59%$2.02
2.37%$0.00630859
-2.44%$0.573276
2.69%$0.736319
0.76%$0.999485
-0.05%$3.48
-0.29%$0.54826
1.20%$7.80
-3.54%$7.67
-3.08%$19.09
-2.27%$0.281386
0.66%$0.999533
0.09%$0.47322
-1.33%$0.07398
-0.83%$0.197733
5.16%$0.774222
-4.84%$84,303.00
-1.29%$0.999117
-0.11%$0.00934642
3.27%$0.787273
-1.64%$0.176109
-0.17%$2,136.87
-2.46%$7.30
-4.53%$0.092948
0.52%$0.997008
-0.30%$2,022.24
-2.05%$2.84
-2.46%$0.04822937
0.14%$0.00002255
0.26%$0.443635
-2.07%$1.27
0.94%$86,969.00
-0.95%$0.555287
-0.86%$0.0069772
-0.84%$2,026.56
-1.89%$0.00780089
7.70%$86,442.00
-0.69%$0.00000043
-0.75%$0.530321
1.01%$1.52
2.33%$25.56
-1.69%$2,021.93
-2.05%$110.45
0.01%$0.233262
4.18%$1.00
0.11%$0.432545
4.24%$1.081
0.24%$44.83
1.25%$0.03979044
7.44%$0.00000191
-10.17%$1.092
-0.42%$2,104.63
-2.64%$86,216.00
-1.51%$0.907268
-0.38%$2,059.32
-2.73%$0.00006681
2.48%$0.01101974
-3.48%$0.179135
-9.36%$0.00422035
0.05%$2,017.88
-2.18%$86,037.00
-1.16%$0.999044
-0.01%$0.278195
-0.99%$1.44
0.87%$131.41
-0.28%$1.37
-4.47%$0.993142
-0.73%$0.284133
-1.49%$0.997464
-0.26%$2.93
4.72%$1.003
-0.09%$2,001.89
-2.28%$4.08
-0.89%$1.31
-1.52%$0.91614
1.56%$0.717708
13.46%$2,023.75
-1.98%$0.03066747
-0.20%$0.214996
-0.25%$0.100882
0.51%$24.14
1.18%$18.07
-0.41%$0.078956
-1.64%$1.39
-1.17%$2,216.93
-1.78%$0.285254
-0.44%$1.17
1.89%$86,269.00
-1.06%$2,131.90
-2.15%$2.95
-2.98%$0.279541
0.55%$86,562.00
-1.25%$0.00373911
4.02%$0.03995611
-0.21%$0.03464426
-1.86%$0.00264405
1.30%$0.596815
10.26%$0.1181
0.65%$2,190.10
-2.34%$0.129426
8.53%$0.999897
-0.07%$0.262386
-5.52%$0.472345
5.42%$0.517688
-2.42%$0.0338233
-0.95%$2,021.89
-2.02%$0.00556007
2.31%$0.01301678
-0.18%$0.00284319
-4.35%$0.00286418
21.97%$3,019.25
-0.39%$0.736417
1.09%$0.629055
-0.12%$1,745.61
-0.94%$0.247387
-1.53%$0.279494
-1.49%$0.00000011
-24.55%$1.00
0.02%Reading
While U.S. retail investors continue to wait for cryptocurrency exchange-traded funds to be approved by the Securities and Exchange Commission, Australians will soon join Canadians in gaining direct access to Bitcoin and Ethereum ETFs.
Australian asset management firm ETF Securities and Switzerland-based ETF issuer 21Shares announced today the launch of two ETFs on April 27. The ETFS 21Shares Bitcoin ETF and ETFS 21Shares Ethereum ETF will track the price of BTC and ETH, respectively, in Australian dollars and trade on the Chicago-based CBOE Exchange.
ETFs are investments that trade on a standard exchange just like regular stock. They can track the price of a single stock, commodity or asset or can track a whole basket of them. A Bitcoin ETF, then, would allow people exposure to BTC's price without having to buy the actual cryptocurrency.
ETFs are desirable for retail investors because they typically are cheaper than buying single stocks, can be easily incorporated into retirement plans, and have investor protection features in case of theft. Moreover, people don't have to bother with setting up an account with a cryptocurrency exchange or making a crypto custody strategy.
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.
"Australian investors clearly want and deserve an affordable, easy, and professional way to access the growing crypto asset class," 21Shares CEO Hany Rashwan said in a press release.
U.S.-based, crypto-focused investment firms want them as well, as indicated by a pile of applications for Bitcoin ETFs on the SEC's desk. Grayscale, for instance, is looking to convert its Bitcoin Trust into an ETF, which should more closely hew to the underlying asset's price. And firms such as Anthony Scaramucci's SkyBridge Capital see ETFs as being much more profitable for firms as there are fewer restrictions on who can invest.
While the SEC has yet to approve a Bitcoin-backed ETF, it has approved several Bitcoin Futures ETFs, which track the price of BTC futures contracts. Futures contracts let buyers and sellers trade BTC at a predetermined price before a predetermined date. SEC Chair Gary Gensler's reasoning for allowing futures ETFs, but not spot market ETFs, is tied to what he sees as greater investor protections within the law that Bitcoin future ETFs fall under.
Regardless of the reasoning, Canada, and now Australia, have beaten the U.S. to the punch.
Cboe has submitted a filing to the U.S. Securities and Exchange Commission that would allow the exchange to list shares of a Fidelity exchange-traded fund tracking the price of Solana. The19b-4 form, filed Tuesday, is a major step in the SEC’s approval process, although Fidelity must still file an S-1 registration statement describing the product. The filing comes just days after Fidelity registered a Delaware Trust entity for its Solana fund, which would be based on the performance of the six...
Napster, the brand that once sent the music industry into panic mode but then faded, was just acquired for $207 million. Infinite Reality is buying the streaming service to transform it into a platform where fans can hang out in virtual spaces, attend concerts, and buy merch directly from artists, the virtual reality startup announced. The deal is also the highest price tag yet for Napster, which has circulatedamong half a dozen companies, including Rovio to Algorand, since its controversial fil...
GameStop may be credited as the first meme stock, but the video game retailer's CEO seems to be hinting that the company could soon embrace Bitcoin. The company is set to report Q4 earnings when the market closes at 4 p.m. Eastern Time on Tuesday. Analysts expect the Texas-based firm to disclose an earnings per share mark of $0.08, based on two analyst ratings compiled by FactSet. Last month, GameStop received a proposal from Strive Asset Management recommending the video game retailer become a...
