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Ethereum and bitcoin ETFs launched in Canada with monthly payouts

December 1, 2021

Canada is still the leader in cryptocurrency ETFs. New options that track Bitcoin or Ethereum and pay monthly are expected to follow. Purpose Investments launched in February the first North American ETF to track the price of Bitcoin. Now, more ETFs are being introduced. Launch of ETFs for Bitcoin and Ethereum in Canada Today, the non-currency-hedged units...Read More

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Zanzibar Government Keen to Get Stakeholders’ View on Cryptocurrencies

November 16, 2021

by Sherry Mccoy

During an interview with The Citizen Mudrick Soraga, the Minister of State, stated that his government plans to meet stakeholders in November’s third week. Soraga explained the reasons for such a meeting. He stated: Before deciding whether the idea is feasible or not, we are looking for opinions. Without input from all stakeholders, such a decision is impossible. This includes...Read More

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Bitcoin briefly flippens Swiss franc after rally to new ATH

October 27, 2021

by Sherry Mccoy

The market capitalization for Bitcoin briefly exceeded the total market cap for the Swiss Franc after it reached a record price of $67,000 on Wednesday. Fiatmarketcap data shows that Bitcoin’s market capital was over $1.263 trillion at the time when the crypto asset hit an all-time high of $67,000 on Wednesday. This was just short of...Read More

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Bitcoin futures ETF already has $1 billion in assets under management

October 22, 2021

by Sherry Mccoy

After just two trading days, the ProShares Bitcoin Strategy Strategy ETF became the fastest exchange-traded fund to achieve $1 billion in assets. It was the SPDR Gold Shares ETF that held the previous record. This fund, which was gold-backed, launched in 2004-17 years ago and hit the billion mark in just three days. Eric Balchunas, Bloomberg’s senior ETF...Read More

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