$200 million ‘Bitcoin Fund’ receives approval for listing on Nasdaq Dubai
The fund will allow the Middle East’s first listed digital asset product to be able to deliver on the growing demand from regional institutional investors.
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Satoshi Nakamoto now ranks as one of the richest people in the world thanks to the price surge of the digital asset.
Strategists at JPMorgan have deemed inflation as the main driver that induced Bitcoin prices to shoot up to a staggering $67,000 instead of Bitcoin Futures ETFs.
CryptoSlate talked to Kevin O’Leary, aka Mr. Wonderful, and Jordan Fried, CEO of Immutable Holdings about streamlining crypto exposure and the strategic importance of owning blockchain equity.
VanEck will become the second crypto ETF in the US as it is slated to begin trading under the XBTF ticker from next week.
While some praise the SEC for coming good on a Bitcoin ETF, others say the agency has shown favoritism which is not within their remit as a regulator.
The oil and gas industry in Russia is pressurizing the authorities to allow it mine crypto with flares of natural gases.