Nasdaq wants to launch a Bitcoin index options, seeks SEC approval
Options would allow institutional investors to hedge risks and traders to amplify their buying power.
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Options would allow institutional investors to hedge risks and traders to amplify their buying power.
Bitcoin could be on track to a September breakout to new record highs, but it faces significant resistance around $65,000.
The Bitcoin price increased 8% amid BTC investment products seeing $543 million in inflows last week.
ETHA will be the first Ether exchange-traded fund to crest the $1 billion mark.
Around 80% of the past fortnight’s spot Bitcoin ETF trading days have had positive flows, despite Bitcoin seeing sideways price action.
Glassnode says short-term holders have “carried the brunt” of losses from Bitcoin’s recent drop below $50,000.
VanEck is still advocating for its Solana ETF with regulators, said Matthew Sigel.
According to CoinShares’ weekly report, year-to-date flows for all digital asset investment vehicles topped $22 billion in August.
According to Anthony Scaramucci, crypto voters could swing the elections in favor of pro-crypto candidate Donald Trump.
The acquisition adds nine European-listed crypto ETPs to Bitwise’s portfolio and raises its assets under management to over $4.5 billion.
