Results 1 to 4 of 4

Thread: Crypto ETF News

  1. #1

    Default Crypto ETF News

    Once again, bitcoin investors hold their breath for an ETF approval

    The crypto community anxiously awaits a possible exchange-traded fund, or ETF, approval this week.
    According to Securities and Exchange Commission rules, the agency has until Thursday to decide on a bitcoin futures-based ETF submitted by ProShares.

    An ETF for bitcoin could bring in a wave of institutional buyers and help struggling prices.

    Kate Rooney | @Kr00ney

    https://www.cnbc.com/2018/08/22/once...-approval.html
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Do your own due diligence.


  2.  
  3. #2

    Join Date
    Sep 2006
    Location
    Upstate NY
    Posts
    2,554
    Blog Entries
    45

    Default Re: Crypto ETF News

    Unsustainable trend watch: Ethereum ETF is trading at a massive premium.

    Would you pay someone $205 for an asset worth only $21.87?

    Of course not; what a ridiculous question.

    And yet, investors in the Ethereum Trust ($ETHE) are doing just that, paying a stunning 837% premium above the net asset value (NAV) of the underlying holdings (Ethereum, a cryptocurrency).
    https://compoundadvisors.com/2020/ar...stors-rational

  4.  
  5. #3

    Join Date
    Sep 2006
    Location
    Upstate NY
    Posts
    2,554
    Blog Entries
    45

    Default Re: Crypto ETF News

    Coinbase possibly going public in 2020. Even though commissions have been axed on stock trading, Coinbase still makes money on crypto-currency transactions.

    Coinbase Inc has started plans for a stock market listing that could come as early as this year, making it the first major U.S. cryptocurrency exchange to go public, according to three people familiar with the matter.
    https://www.reuters.com/article/us-c...-idUSKBN24A21W

  6.  
  7. #4

    Join Date
    May 2011
    Location
    Florida
    Posts
    1,552
    Blog Entries
    6

    Default Re: Crypto ETF News

    Neat! I'll throw some coin at that if they do indeed go public.

  8.  

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
SPY (C Fund) (delayed)
Crypto ETF News
(Stockcharts.com Real-time)
DWCPF (S Fund) (delayed)
Crypto ETF News
(Stockcharts.com Real-time)
EFA (I Fund) (delayed)
Crypto ETF News
(Stockcharts.com Real-time)
BND (F Fund) (delayed)
Crypto ETF News
(Stockcharts.com Real-time)

Yahoo Finance Realtime TSP Fund Tracking Index Quotes