Bitwise Files for an ETF Tracking Bitcoin Companies
Bitwise has announced its intention to launch an ETF that would track public companies complying with the “Bitcoin standard.”
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MicroStrategy Buys Another 5,000 Bitcoins
According to MicroStrategy’s co-founder and executive chairman, Michael Saylor, the company has purchased an additional 5,262 BTC for around $561 million.
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El Salvador Adds 11 Bitcoins to its Reserve
Following an agreement between El Salvador and the International Monetary Fund that included the discontinuation of Bitcoin as a legal tender, there were doubts about the country’s future when it came to Bitcoin investments.
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SEC Approves Hashdex and Franklin Templeton’s Bitcoin and Ethereum Crypto Index ETFs
The US Securities and Exchange Commission (SEC) yesterday cleared the way for asset managers Hashdex and Franklin Templeton to launch a crypto index exchange-traded fund (ETF).
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MicroStrategy Joins Nasdaq 100
MicroStrategy will now be included in the Nasdaq 100 index, which could potentially drive up demand for the controversial stock. The Nasdaq 100 index is made up of the top 100 nonfinancial companies listed on the tech-focused Nasdaq Composite index. This addition means that popular ETFs, such as the Invesco QQQ Trust, which has $325 […]
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Texas House Proposes Bill to Build Strategic Bitcoin Reserve
A bill was yesterday presented in the Texas House of Representatives to create a strategic Bitcoin reserve, which could potentially serve as a template for the US Treasury.
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Vancouver Passes Motion to Become Bitcoin Friendly
The Vancouver City Council yesterday approved a motion put forward by Mayor Ken Sim to explore ways to become more “bitcoin-friendly.”
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El Salvador Will Change its Bitcoin Policy
Reports have emerged that El Salvador is scaling back its plans to make Bitcoin legal tender due to pressure from the International Monetary Fund.
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