According to the statement, CSOP Bitcoin Futures ETF and CSOP Ether Futures ETF will track the CME’s bitcoin and ether futures. The initial investments in the CSOP bitcoin and ether ETFs totaled more than $74 million, wherein $54 million in Bitcoin, and $20 million in Ether, leading to a rally from the decline in cryptocurrency values and the effects of the high-profile of FTX failures and others.
The approval of two new ETFs based on CME Bitcoin and Ether futures marks an important milestone for the digital asset ecosystem in Asia.
said Tim McCourt, global head of equity and FX products at CME
Crypto-focused ETFs have recently come under increased scrutiny, despite the thereof fact that these products have raised significant investments. As Coincu reported last month, the businesses behind the Cosmos Purpose Ethereum Access ETF, Cosmos Purpose Bitcoin Access ETF, and Cosmos Global Digital Miners Access ETF filed a request to remove their quotes on Cboe Australia.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Thana
CoinCu News
The US DOJ investigates Polymarket for Alleged Illegal US User Bets Polymarket, for allegedly permitting…
Ethereum’s ICO was priced at around $0.30 per token, and today, it’s valued in the…
If you’ve been regretting missing out on Cardano, Qubetics ($TICS) might just be the ticket…
The Shiba Inu price is on track to reach a new ATH of $2, while…
So, you’re on the lookout for the next big thing in crypto? Aren’t we all?…
Miami, Florida, 13th November 2024, Chainwire
This website uses cookies.
