
Crypto market cap breaks $2.5T — Is this the season for ETFs?
The combined value of all cryptocurrencies hit $2.5 trillion as the price of Bitcoin and Ether rise steadily. The total cryptocurrency market capitalization broke $2.5 trillion as the United States Securities and Exchange Commission seems to be open to approving additional crypto futures-linked exchange-traded funds.According to data from Cointelegraph Markets Pro, the value of all cryptocurrencies has more than doubled since hitting a $1 trillion market capitalization in January. The prices of Bitcoin (BTC) and Ether (ETH) rose to more than $63,000 and $3,800, respectively, as the total....
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Crypto enthusiasts and the government have long contended over the Bitcoin ETF. Let’s examine Bitcoin spot vs futures ETFs. How many Bitcoin ETFs are there?There are various companies offering Bitcoin ETFs, and each is available on their own respective exchanges.While the only Bitcoin ETFs in existence are Bitcoin futures ETFs, there are quite a few out there in which one can choose to invest. This article previously mentioned the ProShares BITO Bitcoin futures ETF, which currently holds around $1 billion in investments. BITO is listed on the Chicago Mercantile Exchange (CME). Another....
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