Similar Stories to The U.s.’s First Bitcoin-linked Exchange-traded Fund Launches on Bing News

Interested in Bitcoin but don’t want to open a crypto trading account? Wall Street has something for you. ProShares said Monday it plans to launch the country’s first exchange-traded fund linked to Bitcoin. The ETF with the ticker symbol “BITO” is expected to begin trading Tuesday, barring any opposition from regulators. It’s the latest milestone for Bitcoin and for the ETF industry in general.

BING NEWS:
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    The DTCC has announced that it will not assign any collateral value to ETFs with exposure to Bitcoin or cryptocurrencies.
    04/27/2024 - 3:40 am | View Link
  • Bitcoin falls after DTCC rules out collateral for bitcoin-linked ETFs
    The price of bitcoin fell to a low of $62,801 early Saturday from $63,476 late Friday after the financial services giant, the Depository Trust and ...
    04/27/2024 - 1:08 am | View Link
  • DTCC rules out collateral for Bitcoin-linked ETFs
    Effective April 30, the DTCC announced it won’t assign collateral to ETFs with crypto exposure, reducing their collateral value by 100%.
    04/26/2024 - 9:16 pm | View Link
  • 2-year Treasury yield falls to lowest in over a week on signs U.S. economy is losing momentum
    Yields on U.S. government debt finished slightly lower on Tuesday after data showed that weaker demand weighed on the pace of expansion in business activity this month. In U.S. economic data on Tu ...
    04/23/2024 - 4:44 am | View Link
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