On Monday, banking giant Wells Fargo released a report titled "Cryptocurrencies — Too early or too late?" The goal of the report was to address a “common point of confusion regarding the future of cryptocurrencies as investments” - namely, whether it is either too early or too late to
On February 1, 2022 the SEC released an order asking Bitwise to clarify how the firm will prevent manipulation, fraud, liquidity, the spot ETFs effect on bitcoin futures trading and other potential issues. Bitwise will have 21 days to publicly address the SEC’s concerns, then the ruling on listing
The ticker WGMI (internet slang for “We're gonna make it”) invests in publicly traded bitcoin mining companies focused on using renewable energy. The ETF began trading on Tuesday February 8 and after the first day of trading had a volume of 151,917. For reference, the highest volume
The ticker WGMI (internet slang for “We're gonna make it”) invests in publicly traded bitcoin mining companies focused on using renewable energy. The ETF began trading on Tuesday February 8 and after the first day of trading had a volume of 151,917. For reference, the highest volume
On Monday, banking giant Wells Fargo released a report titled "Cryptocurrencies — Too early or too late?" The goal of the report was to address a “common point of confusion regarding the future of cryptocurrencies as investments” - namely, whether it is either too early or too late to
On February 1, 2022 the SEC released an order asking Bitwise to clarify how the firm will prevent manipulation, fraud, liquidity, the spot ETFs effect on bitcoin futures trading and other potential issues. Bitwise will have 21 days to publicly address the SEC’s concerns, then the ruling on listing
On January 31, 2022 Fidelity Digital Assets (FDAS) released a report titled “Bitcoin First,” in which co-authors Chris Kuiper and Jack Neureuter propose that Bitcoin is fundamentally different from other digital assets and that investors should treat it as a monetary good that “no other digital asset is likely to
Bitcoin has benefited greatly from increased attention and adoption in 2021. It hit multiple all-time highs throughout 2021 before simmering down in December. But the start of the new year hasn’t seen the strong demand of years prior – at least when it comes to current market value.
The Bitcoin
Valkyrie submitted their Bitcoin Miner ETF application to the SEC on January 26th, 2022. The investment firm plans to have the ETF trade on the NASDAQ Stock Exchange with the ticker “WGMI”.
WGMI would allow investors to gain exposure to publicly traded Bitcoin miners for an annual management fee of
On Thursday January 27th, the SEC released a filing that rejected Fidelity’s proposed rule change to Cboe BZX Exchange to list and trade shares of Fidelity’s Wise Origin Bitcoin Trust spot ETF. This ruling comes just one week after the SEC rejected a spot bitcoin ETF application filed
Core Scientific, Inc has finalized a merger with Power & Digital Infrastructure Acquisition Corp (XPDI), with the resulting company trading under the CORZ ticker on the NASDAQ. The merger brings one of the largest bitcoin mining operations to the publicly traded market.
Core Scientific reported an estimated 67,000 ASIC
