Bitwise Launches Crypto Industry Innovators ETF After a Green Light from the SEC

The ETF won’t be holding Bitcoin or Ethereum directly but tracks the performance of public companies that are involved in the cryptocurrency sector.

Bitwise, a digital asset manager with $1.5 billion in assets under management as of May 7, 2021, is launching the Crypto Industry Innovators ETF (NYSE: BITQ) that provides exposure to public companies that are involved in the Bitcoin and cryptocurrency sector. The ETF won’t be holding Bitcoin or Ethereum directly.

With this, it has become the first ETF with crypto in it to be approved by the SEC, while a Bitcoin ETF has yet to make it despite several, at least eleven, companies interested and having filed their applications.

But Hunter Horsley, CEO of Bitwise, is hopeful that SEC is moving closer to approving one.

“The bitcoin ETF journey has been almost a decade long,” Horsley told CNN. “But I think it will be possible. This is a big milestone for us.”

BITQ meanwhile seeks to track the Bitwise Crypto Industry Innovators 30 Index, which captures pure-play companies engaged in the crypto sector and has at least $100 million of liquid digital assets on their balance sheet.

Also, these companies derive at least 75% of their revenue from either directly holding crypto assets or serving the crypto market.

It basically tracks the performance of crypto stocks and not coins. A similar ETF (VanEck Vectors Digital Assets Equity – DAPP) has been launched by VanEck as well that trades on Nasdaq, London Stock Exchange, and Deutsche Boerse.

“Until recently, most great crypto innovators were private companies, but that’s changing rapidly. Today, there’s a growing set of public companies capitalizing on crypto,” said Matt Hougan, CIO of Bitwise.

Crypto exchange Coinbase (COIN), which recently went public, accounts for 11.63% of the index’s weightage joined by MicroStrategy, Galaxy Digital, Riot Blockchain, Voyager Digital, Canaan, Northern Data, Hive Blockchain, Bitfarm, and Marathon Digital Asset Holdings, along with PayPal, Square, Silvergate, and others.

“Over the past few years, many investors have had to watch from the sidelines as a select few have reaped the rewards of stellar cryptocurrency returns.”

“With BITQ, our aim is to make crypto investment opportunities available through traditional investing platforms and a familiar, liquid, and cost-effective ETF.”

Read Original/a>
Author: AnTy

Nebraska Approves Bill Allowing Banks Offer Crypto Services

The Nebraska state legislature has approved a bill that would allow banks in the state to offer cryptocurrency services to customers.

Nebraska’s Crypto Banking Charter Bill

Nebraska state senators have voted for the bill that would allow banks to register as cryptocurrency depositories and offer crypto trading services to customers.

The bill passed with near-unanimous approval as 39 lawmakers voted to advance the bill to enrollment and initial review, with only one in disagreement.

Senator Mike Flood first introduced the bill in January, intending to adopt the Nebraska Financial Innovation Act to create digital asset depository institutions while providing for charter, operation, supervision, and regulation of such institutions.

According to Senator Flood, Nebraska had an opportunity to become an early adopter of cryptocurrencies which could help it benefit from finance and technology jobs.

“This is a once-in-a-lifetime opportunity not only for my district but the state of Nebraska,” he said.

Flood had introduced the bill alongside another also focused on crypto banking. The second, Legislative Bill 648, contains the “Transactions in Digital Assets Act,” which proposes a set of rules for Nebraska banks looking to hold cryptocurrencies or offer custodial services. However, this bill is yet to be adopted.

Nebraska Follows Wyoming’s Footsteps

This move by Nebraska follows similar legislation enacted by the state of Wyoming, thereby making it the second state in the US to set up a formal charter for crypto-powered banks.

Wyoming started its crypto-friendly constitutions when it passed its Digital Asset Law on February 26, 2019, and put into effect on July 1, 2019.

Wyoming went on to approve Kraken as its first crypto bank in September 2020. Kraken was granted the first special-purpose depository institution (SPDI) charter in Wyoming after the banking board approved the application.

After Kraken, another SPDI charter was approved for Avanti by the Wyoming State Banking Board, making it the second chartered bank in the state in 2020.

Nebraska is not the only state that has followed Wyoming’s lead.

Some months back, Texas had attempted to follow in Wyoming’s footsteps after Representative Tan Parker introduced the Texas UCC amendment bill, which aims to recognize virtual currencies under commercial law. This bill was supposed to help define crypto regulation clarity in the state but it did not pass due to lingering challenges.

Read Original/a>
Author: Jimmy Aki

DFinity’s ICP Token Rises By Almost 60% on Opening Day following Monday Listing

The much-anticipated Internet Computer (ICP) utility token has launched, and the token has seen much action on its first day of trading.

The utility token made by Zurich-based tech company DFinity quickly found its home on major crypto exchanges like Coinbase Pro, Binance, Huobi Global, OKEx, and many others yesterday.

ICP Tokens Fifth Most Valuable Crypto

Following a four-hour trading period, the price for the ICP tokens swung wildly, moving from its opening trade of $700 to $250 before self-correcting and rising 70% to $420 at press time.

Crypto data aggregator Coingecko estimates that over $2 billion has been traded in the last 24hrs with a fully diluted valuation of over $213 billion since opening trade.

According to market data aggregator Messari, following its max supply of 469,213,710 and a price valuation of $342, the market valuation of the five-year project would be in the region of $160.5 billion. Even though only 26% of the overall tokens are in circulation.

With that number, it would likely place the new entrant just behind meme coin DOGE with a market cap of over $57 billion, displacing Ripple’s XRP token and Cardano’s ADA as the fifth most valuable cryptocurrency.

ICP Set To Replace Legacy IT Infrastructure

The Internet Computer (TIC) blockchain has long been in development spanning five years. According to the parent company DFinity Foundation, TIC is the world’s first blockchain that runs at web speed with unbounded capacity.

It’s also the third major blockchain innovation alongside Bitcoin and Ethereum set to change how we interact with the internet and transfer value.

DFinity says the project’s mission is to change the way billions of people interact with the traditional IT infrastructure by enabling users to connect through standard protocols to a publicly accessible global supercomputer on its ICP protocol.

The project, founded in Oct. 2016 by former President and CTO of String Labs, Dominic Williams, aims to replace the present IT industry by allowing developers to host their codes directly on the public internet. This will see them forgo using traditional hosting companies, servers, commercial cloud services, and big tech companies.

According to Williams, the Internet Computer uses a scientific protocol called the Chain Key Technology (CKT), which comprises Non-Interactive Distributed Key Generation (NI-DKG), Network Nervous System (NNS), Internet Identity, and several advanced technologies.

The CKT platform uses a set of cryptographic protocols, and the system is separated into several subsections, including two “canisters” and “neurons” that help it run efficiently.

The project says it would allow developers to run computing applications on the decentralized web just like decentralized applications facilitator Ethereum. But DFinity says the TIC comes with superior scalability functionality.

Before its Mercury genesis launch, DFinity raised a total of $121 million from venture capital contributors like Andreessen Horowitz, Polychain Capital, SV Angel, Aspect Ventures, and several notable investors.

Its ICP tokens would be used in staking in its governance system, and users will be able to earn “voting rewards,” which they can now exchange for “cycles” they can use to run their computations.

Read Original/a>
Author: Jimmy Aki

SHIB Token Is Sending Ethereum Gas Prices Higher

The Dogecoin knockoff, up 30,120% in the last four days, is also the one behind Ethereum co-founder Vitalik Buterin’s $8 billion fortune.

Ethereum gas fees are back to skyrocketing.

The gas prices calmed down and fell to about 40 Gwie earlier this month after the Berlin hard fork went live in mid-April, layer 1 solutions like BSC and Solana (SOL) gained traction, and layer 2 solutions like Polygon (MATIC) started to see usage.

Average gas prices are currently 150 gwei, as per Blockchair.

This has the average transaction fees on the network going to $30 after falling under $8 on May 2nd, but we have yet to climb to the late February level of about $43.

The USD rate has been on the spike as the price of Ether made a new all-time high today at $4,175.

However, this has been in line with the second largest network’s growing usage as transaction count exceeds 1.7 million, up from a 2017 peak high of 1.4 million. On May 9th, it reached the height of 1,716,600, only to fall just under 700k today.

Since last month, transaction volume has also been strong, seeing a significant jump last week, from 7.1 million on May 6 to nearly 42 million on May 8. Today, it is back to 3 million ETH.

According to Lex Moskovski of Moskovski Capital, the surge in gas prices has been due to the SHIB token.

“Ethereum gas price is skyrocketing due to TikTok influencers shilling SHIB token in anticipation of a DOGE pump. Currently, the token’s contract is the 4th most used right after Uniswap’s and Tether’s,” he noted.

Interestingly, the Dogecoin knockoff is the token behind Ethereum co-founder Vitalik Buterin’s $8 billion fortune. Buterin actually received 50% of the SHIB token supply from the token’s developers over the past year.

Shiba Inu is a canine-themed meme token inspired by Dogecoin (DOGE), which is up 30,120% in the last four days and is currently trading at $0.00003054.

And Buterin is its highest holder with 505 billion SHIB, which is now worth more than his $1.3 billion in ETH.

Buterin, however, is in no way related to the cryptocurrency. Moving 50% of the coin’s supply to Buterin was actually the SHIB’s anonymous developers’ decision to remove them from circulation, as shared in the cryptocurrency’s white paper or “woofpaper.”

While the community is cautious and feels Buterin may rug them, “Will he do it? Certainly not. There’s no incentive for him to tarnish his reputation for 200 ETH,” tweeted WARONRUGS back in January.

Read Original/a>
Author: AnTy

VanEck’s Latest ETFs Starts Trading on London Stock Exchange and Deutsche Boerse

The index tracks the prices of 26 pure-play digital asset companies, notably Galaxy Digital, Square, Voyager Digital, Riot Blockchain, Nvidia, Silvergate Capital, and others, with the US making up about two-thirds of allocation, followed by China, Canada, Germany, Taiwan, and the UK.

While the decision on VanEck’s Bitcoin ETF in the US has been postponed by the SEC, the company has launched Europe’s first thematic exchange-traded fund that offers exposure to companies involved in digital assets.

The VanEck Vectors Digital Assets Equity UCITS ETF (DAPP) that tracks the recently launched MVIS Global Digital Assets Equity index is listed on the London Stock Exchange and Deutsche Boerse.

Instead of investing in crypto assets directly or indirectly, this index includes trading platforms, miners, bankers, payment gateway operators, and other companies that provide the infrastructure.

In mid-April, VanEck rolled out the same product in the US, DAPP US, listed on Nasdaq, which currently manages $25 million in assets.

The index tracks the prices of 26 pure-play digital asset companies with notable positions, including Galaxy Digital (9.2%), Square (8.6%), Voyager Digital (7.6%), Riot Blockchain (6.1%), Marathon Digital (6.1%), Nvidia (5.4%), and Silvergate Capital (5.3%).

In terms of country, stocks from the US presently make up nearly two-thirds (64.0%) of the total index allocation, with the remaining weight distributed across China (11.8%), Canada (11.6%), Germany (4.9%), Taiwan (4.6%), and the UK (3.1%).

According to VanEck, the companies included in the ETF’s index have seen their revenue accelerate rapidly in 2020 to surpass $10 billion, up from $5bn in the previous two years. Martijn Rozemuller, CEO in Europe at VanEck said,

“The digital transformation is changing large parts of our economy. This is not just short-term hype, but rather is a long-term, structural development. Blockchain applications are finding more areas of use that now extend way beyond cryptocurrencies. Consequently, investors are increasingly looking to digital assets for investment opportunities.”

Read Original/a>
Author: AnTy

Filecoin (FIL) Launches Free Decentralized Storage Solution for NFT Markets

The solution leverages IPFS and Filecoin blockchain for long-term security of the NFTs.

Released Tuesday, NFT.Storage, a decentralized file storing system, will allow developers and collectors to ‘protect their non-fungible token (NFT) assets.’ According to the statement, the platform lets developers and NFT holders store their assets on the Inter-Planetary File System (IPFS) via Filecoin to ensure NFTs last for the long term.

The solution is a service created by Filecoin and backed by Protocol Labs and Pinata to provide unique solutions to the NFT marketplace. Additionally, users can also store metadata associated with the NFTs individually in an effort to keep NFTs ‘accessible in the long-term’, the report further states.

Mikeal Rodgers, Engineering Manager at Protocol Labs, believes NFTs – digital art pieces, music, trading cards, photos, tweets, etc. – are “part of humanity’s cultural legacy.” These assets require to be stored safely in the long term to allow the future generations accessibility of the assets, he added.

“Content addressing and distributed storage networks ensure that digital artwork, basketball cards, and virtual real estate are guaranteed to stay secure and available long-term.”

“NFT.storage makes it completely frictionless to mint NFTs following best practices through resilient persistence on IPFS and Filecoin.”

The core of NFT.Storage service to NFT holders is content addressing, which is simply marking content with hashes. Once you place an asset on NFT.Storage, a hash is assigned to the content – giving it a unique “fingerprint” that can be used to search, find and reference it anywhere on the platform. This produces a secure, unique, and verifiable content and files for NFT users.

Although Filecoin (FIL) is planning to make the storage solution free, there has been no communication on how long the “free storage” will last. The Terms of Service states NFT.Storage will be free for all participants on IFPS “for as long as Protocol Labs, Inc. continues to offer free storage for NFT’s.” All rights to terminate the free storage also reserves with NFT.Storage project.

Finally, NFT.Storage will offer data storage on the NFT solution “ad infinitum or until Protocol Labs decides to conclude the NFT.Storage project.”

Read Original/a>
Author: Lujan Odera

SEC Moves To Expunge XRP Holders From Ongoing Ripple Lawsuit With Latest Filing

The US Securities and Exchange Commission’s ongoing lawsuit against blockchain firm Ripple Labs and its executives has taken a new twist.

SEC Files Opposition To Motion To Intervene

In a recent release, the agency filed a motion to stop XRP holders from intervening in the ongoing lawsuit. The filing termed the “Memorandum of Law in Opposition of the Motion to Intervene” seeks to ensure no third party is involved in the ongoing case.

The government agency said this is because the movants have no stake whatsoever and cannot be called in as reliable witnesses due to their association with the defendants.

It also noted that their grievances are properly represented by Ripple Labs and the company’s chairman Chris Larsen and CEO Brad Garlinghouse.

The SEC noted that this is not the first occasion the movants have tried infusing themselves into the case, citing their first filing in the Rhodes Island District Court.

It, however, said that the XRP holders might force the agency to take up a legal case against the body of interested movants since there has not been any reason to bring them into the matter.

The SEC said that this intervention is summarily against the agency’s sovereign immunity, and if the courts decide to let them state their case, it may be forced to bring in other disgruntled investors who feel the defendants were not honest in their dealings with them.

The financial agency also explained that the movants’ cause is a lost one given the fact that whatever funds they lost following the lawsuit on secondary markets cannot be recovered as they are not a party to the case.

The SEC said the recent filing by the lead counsel for the movants Jordan Deaton lacked any new substantive argument as they have repeatedly borrowed from the defendants’ narrative of XRP not being a “security.”

It says this sustained discourse is similar to XRP’s position and shouldn’t, therefore, be allowed to stand in order not to foster delay and confusion.

The regulatory body also jabbed at Deaton’s motive, subtly stating that this could be a platform for the lawyer to gain Twitter prominence following the growing media attention surrounding the case.

Ripple Scaling Up Despite SEC Lawsuit

The SEC’s lawsuit in the closing days of 2020 adversely affected Ripple Lab’s partnerships and its utility token’s valuation in the secondary market.

Following the December filing by outgoing Chairman Jay Clayton, crypto exchanges in the US swiftly delisted the XRP token from their platforms. If that weren’t enough, key partnerships with US companies, went underwater with MoneyGram reneging its agreement with the embattled company.

Ripple CEO Garlinghouse had noted that most of the blockchain company’s business was executed overseas, citing the regulatory haze in the American nation as a deterrent to innovative banking in the country.

He also pointed out that only the US SEC has a problem with the XRP token given that Asian nations, the area XRP has the most influence, do not classify the digital token as a “security.”

In the months that followed, XRP dropped from the 4th most valuable crypto position to the bottom ten, and its value traded way below a dollar.

But following preliminary victories in the opening case with the SEC, the XRP has rallied significantly, and calls for the digital payment firm to be relisted on exchanges have begun making the rounds.

And as the general crypto market has rallied, the XRP token has surged after it rose 17% in April and momentarily reclaimed its position as the 4th most valuable cryptocurrency.

The San Francisco-based fintech company has also been strategically repositioning itself since the SEC lawsuit was made public. Ripple said it was launching a private version of its XRP Ledger Protocol tailored for national banks in a release on its website. This private protocol would help apex banks in the issuance, maintenance, and monitoring of central bank digital currencies (CBDCs), set to serve a secondary role to fiat.

The US tech company also recently appointed former US Treasurer Rosa Gumataotao Rios as a board member. Alongside, financial veteran Kristina Campbell will serve as the company’s Chief Financial Officer (CFO).

Rios’ former role as the currency maker is seen as a strategic move to sell the idea of digital currencies to anti-crypto critics. Campbell would be tasked with the responsibility of accelerating the company’s growth while delivering value to shareholders.

Read Original/a>
Author: Jimmy Aki

SEC Postpones Decision on VanEck Bitcoin ETF to June 17

The US Securities and Exchange Commission (SEC) has delayed its decision on the VanEck Bitcoin ETF until June.

On March 1, 2021, Cboe BZX Exchange filed with the SEC to list and trade shares of the VanEck Bitcoin Trust. The SEC typically takes 45 days, or a longer period of 90 days, from the date an application is filed to render a decision whether it should be approved or disapproved.

Per standard, the 45-day window for the application ends on May 3, but the SEC is extending the deadline. The official notice reads,

“The Commission finds that it is appropriate to designate a longer period within which to take action on the proposed rule change so that it has sufficient time to consider the proposed rule change and the comments received.”

As such, June 17 is designated as the date by which the Commission shall either approve or disapprove, but of course, even then, they can defer the decision, which is to be seen.

As we reported, the new SEC Chairman Gary Gensler, who has taught about crypto and blockchain at MIT, was confirmed less than a fortnight ago.

In the past, SEC disapproved every single Bitcoin ETF application on the grounds of extreme price volatility, manipulation, and fraud in the crypto market.

Meanwhile, several Bitcoin ETFs have been approved this year in other countries. Canada has even moved past Bitcoin and already has four Ether ETFs trading on the Toronto Stock Exchange. Purpose Bitcoin ETF, the most popular in North America so far, has amassed almost 18,685 BTC.

Read Original/a>
Author: AnTy

A New Record: Over 1 Million Traders Liquidated for a Whopping $10.1 Billion

The liquidation in the past 24 hours beats the ones seen during March Crash, aka Black Thursday, and in late Feb. Propelled by Treasury rumors, high leverage, and hash rate taking a hit, BTC went down to $51,300, and Ether touched $2,000.

The cryptocurrency market crashed overnight, and the losses spilled into Sunday as well.

Losing as much as 30% of their value in the past 24 hours, about $300 billion have been wiped out from the market.

Bitcoin price went as low as $51,300, and Ether price touched $2,000 on Coinbase.

This crash could have been propelled by Treasury rumors. The market was spooked by the speculation that the US Treasury is looking to charge several financial institutions for money laundry using crypto.

Another potential reason could be the drop in the Bitcoin hash rate, which has now fully recovered while prices are in the process of it. As we reported, there has been a coal mine accident in Northwest China, leading to blackouts in the area and mining pools losing over 20% of their hashing power.

As Charles Edwards of Capriole Investments noted, “One province in China represents a significant share of the Bitcoin network,” hence the result.

Much like always, extreme leverage exacerbated the already bad situation. Setting a new record and beating the March 2020 crash, 1,063,216 traders were liquidated for an eye-watering $10.1 billion in the past 24 hours.

On March 12th, Black Thursday, the record was set just above $4 billion, while the market took another heavy beating on Feb. 21st was just under $6 billion. But now on the chart, they are just a blip.

Of course, more than half of this new record was thanks to Binance degen traders, accounting for nearly $5 billion of it.

In terms of cryptocurrency, Bitcoin longs suffered the most, followed by Ether, XRP, BNB, DOGE, and Litecoin, as per Bybt.

ETH -6.66% Ethereum / USD ETHUSD $ 2,242.92
-$149.38-6.66%
Volume 50.74 b Change -$149.38 Open $2,242.92 Circulating 115.52 m Market Cap 259.11 b
9 h Coinbase Starts Offering Eth2 Staking, Over 3.8 Million ETH Already Deposited in ETH 2.0 9 h A New Record: Over 1 Million Traders Liquidated for a Whopping $10.1 Billion 11 h BitMEX Co-Founder Arthur Hayes Puts Ether Moon Target Above $20,000
XRP -10.61% XRP / USD XRPUSD $ 1.43
-$0.15-10.61%
Volume 22.97 b Change -$0.15 Open $1.43 Circulating 45.4 b Market Cap 64.73 b
9 h A New Record: Over 1 Million Traders Liquidated for a Whopping $10.1 Billion 2 d Bitcoin Drops to the “Key Support,” Path to $75k is Cleared On the Upside 4 d Coinbase Is Now Live On Nasdaq, Valuation Soars Past $100 Billion with Shares Trading Above $400
BNB -9.43% Binance Coin / USD BNBUSD $ 481.40
-$45.40-9.43%
Volume 6.71 b Change -$45.40 Open $481.40 Circulating 153.43 m Market Cap 73.86 b
9 h A New Record: Over 1 Million Traders Liquidated for a Whopping $10.1 Billion 3 d One Reason Why Bitcoin (BTC) May Continue On Its Parabolic Trajectory 4 d Ripple Executives File for Lawsuit Dismissal On Back of Last Week’s Victory; XRP Jumps On the News
DOGE 5.98% Dogecoin / USD DOGEUSD $ 0.32
$0.025.98%
Volume 23.52 b Change $0.02 Open $0.32 Circulating 129.24 b Market Cap 41.7 b
9 h A New Record: Over 1 Million Traders Liquidated for a Whopping $10.1 Billion 2 d Meme Coin Rages On: Dogecoin Hits 5th On CoinMarketCap, DOGE Inducing FOMO at $.40 3 d Bitcoin Payment Network, BitPay, Joins Square-Led Crypto Open Patent Alliance (COPA)
LTC -13.07% Litecoin / USD LTCUSD $ 274.56
-$35.88-13.07%
Volume 13.14 b Change -$35.88 Open $274.56 Circulating 66.75 m Market Cap 18.33 b
9 h A New Record: Over 1 Million Traders Liquidated for a Whopping $10.1 Billion 2 d Miami-Dade County Task Force Is Looking at Ways for Residence to Pay Taxes Using Crypto 3 d Grayscale Bitcoin Trust (GBTC) Is Fast Approaching World’s Largest Commodity ETF, GLD with $57B AUM

image1

This wipeout normalized the funding, which went negative and still is after a long time, with the highest Bitcoin funding rate as of writing at 0.1347% on Bybit. During the whole ordeal, Bybit actually traded 4.20% below the spot.

Although it is yet to be seen, the market looks to be bottomed given that the leverage ratio is decreased, though still high. In fact, the market is not in fear but is still greedy, with the Kimchi premium hitting 26% today in the aftermath of this, as per Crypto Quant.

However, according to trader Wolf, bulls need to reclaim $56,900, or bears will be in control that could further take us down to $45,300 because “this would be the first time since September that we lose important support,” of daily MA50. Another trader Bitcoin Jack actually sees a second dump likely, which could either be “truncated or much deeper.”

Overall, with futures in backwardation, low liquidity on the weekend, massive arbitrage between exchanges, and spot bids stacked as Avi Sanyal, Head of Trading at BlockTower, says, instead of panic selling, this is time to buy the dip.

Read Original/a>
Author: AnTy

Grayscale Buys A Stake in ClearShares; Helps Them Convert ‘PIFI’ to ‘BTC’ ETF

The world’s largest digital asset manager, Grayscale Investments, has purchased a stake in a little-known ETF provider, ClearShares.

This is the same company that we reported this week filed with the Securities and Exchange Commission (SEC) to change its ticker from “PIFI” to “BTC,” effective from April 16, 2021.

What had been looking like a company trying to ride the coattails of crypto success, as ClearShares Piton Intermediate Fixed Income exchange-traded fund has no involvement with the industry, it turns out it was Grayscale’s attempt at a Bitcoin ETF.

Recently, the asset manager, which surpassed $50 billion in AUM, shared its intention to convert Grayscale Bitcoin Trust (GBTC) into an ETF. GBTC, which has $41.5 billion in assets under management, is on track to take over the world’s largest commodity, ETF GLD, which has $57 billion in AUM.

Grayscale had purchased a stake in the $32 million ClearShares ETF, which is involved in buying investment-grade corporate bonds, U.S. government agency bonds, and Treasuries.

“Grayscale has taken an ownership stake in ClearShares as part of its long-term commitment to bring digital currency ETFs to market, with the potential to collaborate on products with investment strategies related to the digital currency industry,” spokesperson Seres Lu has been reported as saying.

Read Original/a>
Author: AnTy