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🚨Aperte le Borse statunitensi. #S&P500 : -0,10% #Nasdaq : -0,10% #DowJones : -0,16%

🚨Aperte le Borse statunitensi.

#S&P500 : -0,10%

#Nasdaq : -0,10%

#DowJones : -0,16%

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Hashdex Applies for Spot Bitcoin and Ethereum ETF. Three weeks after withdrawing its spot Ethereum ETF application, Hashdex is now back in the spotlight with an unexpected 19b-4 filing for spot Bitcoin and Ethereum ETFs. This two-way ETF offers to combine two major cryptocurrencies into a single investment vehicle. The application was highlighted by #ETF Store President Nate Geraci, who shared a screenshot of the document filed with the United States Securities and Exchange Commission (SEC) on June 17. The filing proposes that the Hashdex Nasdaq Crypto Index US ETF may be listed and traded pursuant to Nasdaq Rules 5711(d). According to the statement, the ETF will be managed by Hashdex, but not by Tidal ETF Services LLC, and custody of the assets will be done by Coinbase Custody Trust Company and Bitcoin Trust. The Spot Bitcoin and #Ethereum ETF is different from previous ETF products approved by the SEC and aims to provide investors with access to these two cryptocurrencies through a single fund. This can simplify investment strategies for both institutional and individual investors and offer access to the performance of these digital assets without the need to directly own them. The SEC's decision on this application is expected to be announced in March 2025. This development comes after Hashdex withdrew its spot Ethereum ETF application; This decision comes just weeks after the SEC approved similar filings from other major issuers such as VanEck, Fidelity and Grayscale. Grayscale also recently withdrew its application for an Ethereum Futures ETF, leading to speculation about its strategic intentions. Bloomberg ETF Research Analyst James Seyffart suggested that Grayscale could aim to repeat the success of the GBTC #Bitcoin ETF. $BTC $ETH
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There are Cryptocurrency Move Claims from Elon Musk! Will Dogecoin Payments Come on X? Here is the Truth of the Claims #ElonMusk , the name behind the social media platform X, is working to turn the platform into an all-encompassing application. A key part of this ambitious plan involves integrating a payment network into the primary social networking service. Although details of this project are difficult to obtain, a series of documents filed with state regulators offer a new perspective on the company's direction. These heretofore undisclosed documents reveal plans for a Venmo-like payment feature. Thanks to this feature, users will be able to deposit money to their X accounts, make payments to other users or businesses, and even purchase goods and services from physical stores. Musk has frequently said that X needs to diversify its revenue streams beyond advertising, which has historically accounted for more than 90% of its sales. He also suggested that X has the potential to become the world's largest financial institution. The documents show that X did not intend to charge significant fees for payment services. Instead, the company told regulators that it viewed the provision of payment services as a strategy to improve its business by encouraging “increased participation and interaction” in the app. Financial details shared with regulators also shed light on the business difficulties the company has experienced since Musk took control in late 2022. It reveals that The company reported a loss of $456 million in the first quarter of 2023. Musk's interest in cryptocurrencies is well known. Automotive company Tesla once held approximately $1.5 billion in Bitcoin on its balance sheet and briefly allowed customers to buy Teslas using #Bitcoin . However, this option was quickly suspended and the company has since sold a significant portion of its Bitcoin holdings. $BTC
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