Valkyrie Investments’s bitcoin futures exchange-traded fund (ETF) has won the blessing of the U.S. Securities and Exchange Commission. The new ETF is set to start trading on Friday, after the bitcoin-linked fund cleared the final regulatory hurdles, a Valkyrie spokesperson said. It will trade on Nasdaq under the ticker BTF on Nasdaq, despite short-lived plans […]

Digital Currency Group (CoinDesk’s parent company) is planning to hoover up to a billion dollars worth of Grayscale Bitcoin Trust (GBTC). With subsidiary Grayscale’s flagship product facing sudden competition for brokerage accounts’ bitcoin dollars, the crypto conglomerate increased its GBTC buy range by $250 million, DCG announced Wednesday. It said it has bought $388 million […]

JD.com’s tech arm revealed its non-fungible token technology and plans, following in the heels of its rival Alibaba. JD Technology is offering seven free limited edition NFTs built on its own NFT chain, commemorating its annual conference, JD Discovery, according to a WeChat post on its official account. The NFTs, JD’s first, are minted and […]

The first-ever exchange-traded fund (ETF) backed by bitcoin futures hauled in some $570 million of assets on its first day of trading, a sign of just how hungry investors remain for bets on the cryptocurrency as prices approach a record high. ProShares, the fund’s sponsor, announced the level of assets in an emailed notice from […]