Crypto News
Cboe Set to Debut New Bitcoin Futures With FTSE Russell
Cboe Digital, the crypto arm of the Chicago Board of Options Exchange, is hoping to roll out a new bitcoin (BTC) futures product later this month if approved by regulators, the exchange said on Monday.The new trading vehicle, in partnership with FTSE Russell, will be cash-settled and based on the XBTF Index, which represents 1/10th the value of the FTSE Bitcoin Index. It will settle on the last business day of each month.If regulators approve Cboe’s application, the futures would begin trading on April 28, it said.Futures are a type of derivatives where the buyer and seller agree to trade an asset at a fixed price and date in the future. They are a popular vehicle to hedge and manage...
Binance Integrates Apple Pay and Google Pay Through Worldpay
Binance has partnered with Worldpay to integrate Apple Pay and Google Pay into its fiat-to-crypto ecosystem, making it easier for users to purchase crypto using familiar payment methods. Binance Taps Apple Pay and Google Pay to Expand Fiat-to-Crypto Access Binance is bringing crypto one step closer to the mainstream with the integration of Apple PaySource link
First XRP ETF in the U.S. to Go Live on Tuesday With Launch of Teucrium’s Leveraged...
Teucrium Investment Advisors will debut the first-ever XRP exchange-traded fund (ETF) in the U.S.The Teucrium 2x XRP ETF (XXRP) give investors a 2x leveraged exposure to the closely related Ripple token. XXRP will start trading on the NYSE Arca on Tuesday even before a standard "spot" XRP ETF has been approved by regulators.“Very odd (maybe a first) that a new asset’s first ETF is leveraged. Spot XRP still not approved, although our odds are pretty high,” Bloomberg Intelligence analyst Eric Balchunas said in an X post.Typically, ETFs tracking emerging assets like cryptocurrencies begin with unleveraged "spot" funds — those that directly hold the underlying asset — before more complex leveraged products are introduced.Teucrium will charge a management fee of 1.85%....
Tariffs Are Just the Tip of the Iceberg, Warns Billionaire Investor Ray Dalio
Crypto and equities have moved in lockstep, amid what Ray Dalio calls a “once-in-a-lifetime” breakdown in the global order.Source link
Coinshares: Digital Asset Funds See $240 Million Outflows Amid Global Economic Jitters
Digital asset investment products experienced $240 million in outflows last week, primarily driven by concerns over global economic headwinds. However, blockchain equities attracted $8 million in inflows as investors capitalized on recent price dips. Crypto Fund Outflows Hit $240M, but Blockchain Equities Draw Fresh Inflows Digital asset funds faced $240 million in outflows last week,Source link