Tuttle Capital Management hopes for a short ETF named Inverse Cramer ETF (SJIM) and a long ETF called Long Cramer ETF (LJIM).
Exchange-traded funds, or ETFs, are investment funds that trade on a stock market with their value derived from an underlying basket of assets such as stocks, bonds, commodities and other financial instruments. They provide investors easier exposure to a certain index of assets.
A Bitcoin ETF is similar, but the underlying asset is the Bitcoin (BTC) cryptocurrency rather than other traditional financial instruments.
The hope of Bitcoin ETFs is that they could provide institutional investors an easier way to buy into Bitcoin and crypto markets, thus making it more attractive to the broader investment community.
While there have been many proposals for Bitcoin ETFs presented to the United States Securities and Exchange Commission, or SEC, the main hindrance to their approval is concern for asset volatility and market maturity, though this sentiment is starting to shift in crypto’s favor. For years, and most certainly now, there has been demand from institutional investors for this on-ramp to the crypto economy.
The ETF tracks the Bitwise Web3 Equities Index, with over 85% exposure to companies in Web3.1564
Genesis will no longer be involved in GBTC's main operations but will still act as a liquidity provider.2625
Matrixport’s head of strategy said he believes the market is currently in a “wait-and-see environment” but could shift after the U.S. mid-term elections in November.1353
In partnership with Eaglebrook, the strategies will be offered to registered investment advisors.2124
“We believe digital assets and blockchain technologies are going to become increasingly relevant for our clients,” said BlackRock ETF product strategist Omar Moufti.6879
“We’re all kind of watching this and seeing what’s going to happen,” said WisdomTree's Will Peck on spot Bitcoin exchange-traded funds in the United States.1737
Institutional interest in Grayscale Bitcoin Trust continues to dwindle 10 months into the crypto bear market.21651
The environmentally-focused financial product was introduced by a subsidiary of DeFi Technologies.2946
Analysts and traders strongly adhere to the “Bitcoin is inversely correlated to the strength of the U.S. dollar index” thesis, but a closer look at the data suggests otherwise.5668
A cryptocurrency exchange-traded fund (ETF) tracks the price of one or multiple digital tokens and consists of numerous cryptocurrencies.3264
“As the SEC continues to stonewall, the United States continues to fall further behind other countries as capital that would have been invested in the United States," said the CDC.1622
PAX Gold is a cryptocurrency and gold hybrid that bridges the gap between the two investment options. It offers the security and stability of cryptocurrencies.5087
Founded during the major market slump of 2018, 21Shares holds its vision that solid crypto products only grow stronger during crypto winters.2336
Gold-backed tokens are getting increasingly popular as a more accessible alternative to investing in physical gold.4152