Blockwind News’ Post

#News Hong Kong Set To Approve Spot Bitcoin ETF In April: The upcoming approval of Spot Bitcoin ETFs in Hong Kong this month has generated considerable interest in the cryptocurrency market and represents a substantial transformation in the global investment landscape. A significant shift is occurring in the global cryptocurrency landscape as Hong Kong prepares to introduce Bitcoin Exchange-Traded Funds (ETFs) this month. Meanwhile, this action […] The post Hong Kong Set To Approve Spot Bitcoin ETF In April appeared first on Coinscreed.

Charting Hong Kong’s Path to Cryptocurrency ETF Dominance 👉 Hong Kong joined the cryptocurrency ETF market like the US, intending to become a major player. 👉 Asset managers in mainland China create ETFs that track ether and bitcoin prices, but first trading is mixed. 👉 The pandemic-related control Beijing has over Hong Kong’s financial atmosphere fuels expectations of a cryptocurrency hub. Learn more 👉 https://cutt.ly/Jee9pX54 #etfs #cryptocurrency #hongkong #China #Trading

A groundbreaking political development has unfolded regarding the integration of cryptocurrency into the daily lives of London residents, spearheaded by mayoral candidate Brian Benedict Rose. The plan entails distributing £100 worth of a new digital token, dubbed the $LONDON token, to every individual residing in the city. This initiative aims not only to introduce crypto into the economic landscape of London but also to pilot its use in urban administration and everyday transactions. Read the full story on the CryptoWeekly website using our link below. #london #unitedkingdom #blockchain #uk #cryptocurrency #crypto #bitcoin #britain #token

The #cryptocurrency #market is heating up! In recent years, we've seen a dramatic surge in applications for #crypto services. And now, a trillion-dollar #asset #manager, Franklin Templeton has announced plans to launch its own #ETFs, as per a filing dated October 2, 2024. These ETFs offer a convenient way to invest in cryptocurrencies like #Bitcoin & #Ethereum with the trillion-dollar asset #manager entering the scene, we can expect even more growth and innovation in the crypto space.

On April 30, 2024, six new spot bitcoin and ether ETFs started trading in Hong Kong with a combined volume of US$11.2 million. -with tongli han Chao Deng https://lnkd.in/eCRzm68R #fintech #crypto #cryptocurrency #ETF #hongkong

Canary Capital Group, the former founder of Valkyrie, is applying for the first Litecoin ETF Canary Capital Group, a new digital asset-focused investment firm founded by former Valkyrie Funds co-founder Steven McClurg, apparently wants to become a leader in the world of Crypto Exchange Traded Funds (ETFs) rather than a follower. On Tuesday, the firm filed paperwork to launch the Canary Litecoin ETF (LTC). The token is a proprietary Litecoin cryptocurrency, an open-source blockchain project whose code is copied from Bitcoin. While several non-native ETF issuers have launched Crypto this year, this is the first application for a fund tied to LTC. For Canary, which is only about a month old, this is the second ETF the firm plans to launch after it filed paperwork for an XRP fund with the Securities and Exchange Commission (SEC) a week ago. Both filings have yet to disclose the management fee or ticker symbol of the potential fund. The firm filed an S-1 document on Tuesday, a requirement for companies looking to issue a new security and list it on a public stock exchange. It is ONE of two filings required to launch an exchange-traded product. The filing is considered the first step to launching a fund, but it is meaningless if it T is followed by a 19b-4 filing that signals a rule change on the stock exchange on which the fund will be traded. The latter requires the SEC to adhere to strict timelines for approving or rejecting an application, while the regulator is not required to respond to an S-1 filing. Amid the news of the filing, LTC jumped 5% to $66.46 at the time of the price publication.

💼 XRP goes global! With a new ETP in Europe and an ETF filing in the U.S., WisdomTree is making waves in crypto investment. 🌍 Are you watching this? #WisdomTreeXRP #XRP #CryptoNews #Blockchain #CryptoTrading

#Cryptocurrency was supposed to bypass the traditional behemoth finance system, and even render it obsolete. Cryptocurrency was also directed at empowering the small investor. Now cryptocurrency is a speculative vehicle for the super-rich, maintained by the traditional financial players (because whom else do investors trust?). https://lnkd.in/ggYPptCb