Category Archives: Coins

American Express CEO Says He Views Crypto as Gold

American Express CEO Says He Views Crypto as Gold

During his appearance on Yahoo! Finance, American Express CEO Stephen Squeri said that he views crypto as a gold-like asset class: You know, I sort of view it as gold. Squeri doesn’t see cryptocurrencies succeeding as a means of payment, claiming that volatility will hinder their success. In addition, he points to the fact that […]

American Express CEO Says He Views Crypto as Gold

American Express CEO Says He Views Crypto as Gold

During his appearance on Yahoo! Finance, American Express CEO Stephen Squeri said that he views crypto as a gold-like asset class: You know, I sort of view it as gold. Squeri doesn’t see cryptocurrencies succeeding as a means of payment, claiming that volatility will hinder their success. In addition, he points to the fact that […]

Elon Musk Echoes Jack Dorsey’s Concerns About Inflation

Elon Musk Echoes Jack Dorsey's Concerns About Inflation

Tesla CEO Elon Musk has amplified the ongoing debate about inflation with a recent statement.   While the centibillionaire refrained from making long-term predictions, he writes that there is “strong inflationary pressure” in the short-term in response to Ark Invest CEO Cathie Wood’s tweet about the declining velocity of money in the U.S. I don’t […]

Elon Musk Echoes Jack Dorsey’s Concerns About Inflation

Elon Musk Echoes Jack Dorsey's Concerns About Inflation

Tesla CEO Elon Musk has amplified the ongoing debate about inflation with a recent statement.   While the centibillionaire refrained from making long-term predictions, he writes that there is “strong inflationary pressure” in the short-term in response to Ark Invest CEO Cathie Wood’s tweet about the declining velocity of money in the U.S. I don’t […]

$1.47 Billion Inflows: Cryptocurrency Industry Faces Largest Investment Flow in History

$1.47 Billion Inflows: Cryptocurrency Industry Faces Largest Investment Flow in History

According to Weekly CoinShares blog “Digital Asset Fund Flows Weekly,” the cryptocurrency industry this week has faced a record-breaking $1.47 billion investment flow with $1.2 billion coming exclusively from ProShares. Bitcoin inflows In the previous week, digital asset investment products have faced a total of $1.46 billion inflows, which is currently holding an absolute record […]

$1.47 Billion Inflows: Cryptocurrency Industry Faces Largest Investment Flow in History

$1.47 Billion Inflows: Cryptocurrency Industry Faces Largest Investment Flow in History

According to Weekly CoinShares blog “Digital Asset Fund Flows Weekly,” the cryptocurrency industry this week has faced a record-breaking $1.47 billion investment flow with $1.2 billion coming exclusively from ProShares. Bitcoin inflows In the previous week, digital asset investment products have faced a total of $1.46 billion inflows, which is currently holding an absolute record […]

ProShares Bitcoin ETF Reaches Same Net Asset Value as Canadian ETFs in Two Days

ProShares Bitcoin ETF Reaches Same Net Asset Value as Canadian ETFs in Two Days

Bitcoin futures-based exchange-traded fund by ProShares has breached the $1 billion Assets Under Management mark and become the fastest ETF to do so in the history of the investment products, according to Kaiko. Two-day-old ProShares ETF AUM reaches Canadian funds While ProShares products are the first Bitcoin ETF in the United States, Canada already had […]

ProShares Bitcoin ETF Reaches Same Net Asset Value as Canadian ETFs in Two Days

ProShares Bitcoin ETF Reaches Same Net Asset Value as Canadian ETFs in Two Days

Bitcoin futures-based exchange-traded fund by ProShares has breached the $1 billion Assets Under Management mark and become the fastest ETF to do so in the history of the investment products, according to Kaiko. Two-day-old ProShares ETF AUM reaches Canadian funds While ProShares products are the first Bitcoin ETF in the United States, Canada already had […]

CME Bitcoin Futures Now Cost More Than BTC Itself, Here’s Why

CME Bitcoin Futures Now Cost More Than BTC Itself, Here's Why

With the first Bitcoin futures, ETF starts trading in the U.S., and the country’s investors and retail traders cannot miss the opportunity to receive convenient exposure to the crypto market without going through the relatively complicated process of actually purchasing crypto. But high demand, unfortunately, creates the “contango effect” that is not welcome among futures-backed ETF investors. […]

CME Bitcoin Futures Now Cost More Than BTC Itself, Here’s Why

CME Bitcoin Futures Now Cost More Than BTC Itself, Here's Why

With the first Bitcoin futures, ETF starts trading in the U.S., and the country’s investors and retail traders cannot miss the opportunity to receive convenient exposure to the crypto market without going through the relatively complicated process of actually purchasing crypto. But high demand, unfortunately, creates the “contango effect” that is not welcome among futures-backed ETF investors. […]