VanEck has updated its filing for an Avalanche exchange-traded fund, VAVX, to include staking rewards and generate income for investors. In an amended S-1 filed with the U.S. Securities and Exchange Commission, the firm disclosed that the fund may stake up to 70% of its… Read More
Amid the recent bearish price action, the headline on Citigroup’s 12-month outlook for bitcoin BTC$88.339,91 of $143,000 — or about 62% upside from the current $88,000 — will raise some eyebrows. “We forecast increased adoption of digital assets, spurred by potential U.S. digital-asset legislation in… Read More
Vanguard’s global head of quantitative equity, John Ameriks, said bitcoin BTC$89,237.53 still resembles a speculative collectible more than an asset meant to build long-term wealth, comparing it to a “digital Labubu,” the plush toy that has become a popular collectible. Ameriks’ words came during Bloomberg’s… Read More
Options linked to cryptocurrencies are booming across U.S. markets, so much so that contracts tied to BlackRock’s bitcoin ETF (IBIT) have cracked the top 10 U.S. list in just over a year after debut. As of Tuesday, a total of 7,714,246 IBIT contracts were active… Read More
Goldman Sachs (GS) buying an exchange-traded fund (ETF) issuer for about $2 billion doesn’t seem like it has much to do with crypto at first. However, the Wall Street banking giant’s purchase of Innovator Capital has implications that can shake up the entire crypto industry,… Read More
Bitwise moves its Avalanche ETF closer to market with updated SEC filing and becomes first issuer to include staking.
