Explore the key aspects and implications of the new spot crypto ETFs making their debut on the Hong Kong Stock Exchange.
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CME To Debut Bitcoin Trading Amid Growing Wall Street Interest
The recent report regarding the Chicago Mercantile Exchange (CME) to introduce Bitcoin trading has sent ripples through the cryptocurrency market. Notably, this move, aimed at tapping into the surging demand for digital assets among institutional investors, marks a significant milestone in the evolution of cryptocurrency trading. Meanwhile, the decision, reported by the Financial Times, has sparked discussions The post CME To Debut Bitcoin Trading Amid Growing Wall Street Interest appeared first on CoinGape .
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Vanguard’s Incoming CEO Won’t Launch Bitcoin ETF
Salim Ramji is set to become the CEO of Vanguard on July 8, succeeding Tim Buckley. In an interview with Barrons, Ramji addressed Vanguard’s position on cryptocurrency, emphasizing consistency in the company’s investment philosophy. He supported Chief Investment Officer Greg Davis’ stance, which aligns with Vanguard’s decision not to launch its own spot bitcoin ETF.
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CME Group eyes spot Bitcoin trading currently dominated by Binance and Coinbase
Reports suggest that the Chicago Mercantile Exchange (CME) Group, already a heavyweight in Bitcoin futures trading, is considering entering the spot bitcoin trading arena. The move could have far-reaching implications for institutional investors and the broader crypto ecosystem where Binance and Coinbase dominate in spot Bitcoin trading. According to reliable sources, the Chicago-based group is
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Michael Saylor Foresees U.S. Pension Funds’ Bitcoin Adoption
Michael Saylor, co-founder of Microstrategy and a prominent Bitcoin advocate, recently suggested in a social media post that U.S. pension funds, which collectively manage approximately $27 trillion in assets, will need to incorporate bitcoin into their portfolios. He stated, “There are thousands of pension funds in the United States managing ~$27 trillion in assets. They
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Billionaire Mike Novogratz Says New ‘Market Events’ To Propel Bitcoin, Ethereum and Solana Higher
Galaxy Digital CEO Mike Novogratz is predicting that new “market events” will propel Bitcoin (BTC) and other crypto assets to the next leg up. In Galaxy Digital’s Q1 earnings call, the billionaire says that a break out for Bitcoin, Solana (SOL), Ethereum (ETH) and other digital assets could still be a few months away, following The post Billionaire Mike Novogratz Says New ‘Market Events’ To Propel Bitcoin, Ethereum and Solana Higher appeared first on The Daily Hodl .
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