Fold Holdings has made history by becoming the first Bitcoin financial services company to list on the Nasdaq stock exchange. Following its merger with FTAC Emerald Acquisition Corp, Fold’s common stock will trade under the symbols FLD and FLDDW starting February 19, pending final approval. The company’s CEO, Will Reeves, expressed excitement about this milestone, ...
Bloomberg has introduced the Bloomberg Bitcoin & Gold Blend Indices, marking a significant step in combining traditional commodities with digital assets. This launch includes two key indices: the Bloomberg Bitcoin and Gold Equal-Weighted Index and the Bloomberg Dollar, Bitcoin, and Gold Equal-Weighted Index. Following a successful year for cryptocurrencies, where over $220 billion in investments ...
In 2024, Bitcoin ETFs gained popularity, prompting asset management firms to explore innovative investment options that blend cryptocurrency and derivatives. Calamos Asset Management plans to launch a unique structured protection ETF, allowing investors to benefit from Bitcoin’s potential upside while ensuring full downside protection. This fund, trading under the ticker CBOJ, combines options exposure with ...
In 2024, the main focus in cryptocurrency is on institutional adoption. Notably, the U.S. has approved spot bitcoin exchange-traded funds (ETFs), leading to significant investments, with net inflows reaching $36 billion and over 1 million BTC acquired. Bitcoin’s price has surged almost 130% this year, nearing the $100,000 mark. More companies, like KULR Technology, are ...
A new wave of cryptocurrency exchange-traded funds (ETFs) aims to make investing in Bitcoin less risky. Four asset managers have proposed ETFs that use derivatives to protect against losses. As Bitcoin’s popularity rises, these ETFs could help nervous investors gain exposure without the usual volatility concerns. Options contracts recently introduced on existing Bitcoin ETFs allow ...
After Bitcoin’s recent surge of nearly 40%, many investors are optimistic about a potential boost from a Donald Trump presidency. As Trump steps into office, a pro-business regulatory environment for cryptocurrency is expected, with the possibility of new legislation that could favor Bitcoin and alleviate SEC restrictions on various cryptocurrencies. The introduction of a strategic ...
