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Swiss financial services company UBS Group AG will now allow wealthy clients in Hong Kong to access three crypto exchange-traded funds (ETFs), joining its rival HSBC Holdings. According to Bloomberg, citing anonymous sources, UBS Group’s Hong clients can trade Samsung Bitcoin Futures Active, CSOP Bitcoin Futures, and CSOP Ether Futures ETFs.
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The coin was one of the top gainers on Nov. 9 amid a broad market upturn that propelled Bitcoin (BTC) to an 18-month high as crypto’s leading token headed toward $38,000. Bitcoin’s leap above $37,000 for the first time since May 2022 coincided with Solana’s market cap breaking above the $20
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Fees, as measured by median gas prices, spiked to as high as 270 gwei late on Thursday, temporarily touching a level last seen in June 2022. That pushed up costs of trading swaps to anywhere from $60 to $100 for a few hours. Gwei is a small unit of ether
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Ether (ETH) experienced a surprising 8% rally on Nov. 9, breaking the $2,000 barrier and achieving its highest price level in six months. This surge, triggered by news of BlackRock registering the iShares Ethereum Trust in Delaware, resulted in $48 million worth of liquidations in ETH short futures. The initial
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Bitcoin hit an 18-month high near $38,000 before pulling back sharply. Source
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Blackrock’s plans for a spot Ethereum exchange-traded fund (ETF) has now been confirmed, per a 19b-4 form filing submitted to the United States Securities and Exhange Commission on Nov. 9.Nasdaq filed the 19b-4 form to securities regulator on behalf of the $9 trillion asset management firm for a proposed ETF
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The world's largest asset manager already made waves by seeking to list a bitcoin ETF Source
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Global asset management behemoth BlackRock has signaled interest in expanding its cryptocurrency fund offerings with a recent filing that indicates a possible proposal for an Ethereum-based ETF. BlackRock, the world’s largest asset manager, is laying the groundwork for a potential spot Ethereum exchange-traded fund (ETF). The evidence pointing to this development
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Move over Bitcoin ETF, it is time for Ethereum to take the center stage. $9 trillion asset manager BlackRock has revealed its intention
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Bitcoin (BTC) briefly surpassed the $37,000 mark for the first time in 18 months as the wider markets reflect optimism over the pending approval of spot BTC exchange-traded funds in the United States.Data from a number of cryptocurrency market platforms, including Cointelegraph Markets Pro and TradingView, showed BTC/USD hitting $37,073
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