ETF
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Grayscale Bitcoin Trust: Conversion into Exchange Traded Funds
According to reports, Michael Sonnenshein, CEO of Grayscale Asset Management, stated at the 2023 consensus meeting at CoinDesk that Grayscale expects to learn by the end of the thi
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#What the Numbers Mean: BTCs Flowed Out of Exchange Wallets
According to reports, data shows that 4887.27 BTCs have flowed out of exchange wallets in the past 24 hours, 2256.1 BTCs have flowed out of exchange wallets in the past 7 days, and
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The Decrease of ARK Fund’s GBTC Holdings: An Analysis
According to reports, ARK Ark Fund position data shows that from March 1 to March 31, 2022, ARK Fund reduced its holdings by 101408 grayscale GBTC shares. At current prices, the va
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Bitwise Launches New Bitcoin Linked ETF BITC for Long Term Investors
On March 21st, Bitwise announced the launch of Bitwise Bitcoin Strategy Optimal Roll ETF (code: BITC). BITC is a new type of Bitcoin linked ETF designed for long-term investors seeking to increase their Bitcoin exposure. The fund does not invest directly in Bitcoin. The Fund provides targeted exposure to Bitcoin through regulated futures contracts, and seeks to maximize potential rollover returns through selective analysis of Bitcoin futures other than monthly or near monthly contracts. Interpretation of this information: Bitwise has recently revealed the launch of a new type of Bitcoin…
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Ark Invest has increased its shareholding of nearly 30 million US dollars in the past week
It is reported that the Ark Invest Fund of Cathie Wood increased its holdings of 119429 Coinbase shares again on Friday, about US $6.4 million. Among them, Ark Invest increased its holdings of 103129 Coinbase shares through Ark Innovation ETF and 16300 Coinbase shares through Ark Next Generation Internet. Interpretation of this information: The latest report regarding the Ark Invest Fund of Cathie Wood’s investment activity reveals that it has further increased its holdings of Coinbase shares. The fund added a total of 119,429 shares of Coinbase, which equates to…
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Investment giant BlackRock launched the metauniverse theme ETF
It is reported that investment giant BlackRock (BLK) is issuing an exchange traded fund (ETF), which will mainly focus on those technology companies that have access to the universe. Interpretation of this information: The news of BlackRock issuing an ETF that will primarily invest in technology companies with access to the universe has caused quite a stir in the world of finance. This move comes at a time when technology companies have become the driving force behind the stock market, and investors are looking for ways to tap into this…
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Powerbridge, a US listed encryption service provider, launched a decentralized encryption ETF platform
It is reported that Powerbridge Technologies Co., Ltd., a NASDAQ-listed encryption service provider, announced the launch of the decentralized encryption ETF platform “Powerbridge ETF Platform”. Interpretation of this information: Powerbridge Technologies Co., Ltd. recently made an announcement regarding their latest project, the Powerbridge ETF Platform. Powerbridge is a NASDAQ-listed encryption service provider that specializes in delivering innovative solutions for global finance, logistics, and e-commerce. The company has made a name for itself in the digital communication and data encryption industries through its state-of-the-art technology solutions. Now, the company is taking…