🪙 Bitwise hangs banner on NYSE facade to promote spot Ethereum ETF
Bitwise Asset Management hung a banner showcasing its latest spot Ethereum exchange-traded fund on the facade of the New York Stock Exchange on Thursday, according to a video posted on X by the firm’s executive. Teddy Fusaro, president of Bitwise, posted the video clip in which a banner was raised over Wall Street. The banner reads “ETHW, Bitwise Ethereum ETF,” advertising the newly launched ETF product.
SPX has been tanking this week. Equities feel bad and this is one of the reasons why #BTC is relatively weak.
However, index has already tagged 0.618 Fibo level! This is the first support level, next one is 0.5 Fibo. I don't think we'll go under it, as US elections is closer and closer 😌
🪙 Hashdex files S1 for an ETF that holds bitcoin and ether, leaves door open for other assets
Crypto asset management firm Hashdex took the next move in its plan to launch an exchange-traded fund that directly owns spot bitcoin and ether, establishing what could be the first index-based crypto ETF in the United States. Hashdex filed its registration statement, also called an S-1, with the U.S. Securities and Exchange Commission on Wednesday. The fund, called the Hashdex Nasdaq Crypto Index US ETF would own bitcoin and ether, but could later hold more assets depending on how the regulatory landscape unfolds. #HamsterKombat
🇷🇺 Russian lawmakers pass bill legalizing Bitcoin mining, crypto payments for international trade
The Russian State Duma passed a bill legalizing Bitcoin mining and allowing the use of crypto for international trade. The bill, which was first introduced a few years ago, is expected to take effect on Sept. 1, pending final approval from the federation. Based on local reports, the vote tally from the session was conclusive, with 404 votes in favor, representing 89.8% of the total. No members voted against or abstained from voting.