Shares in GD Culture fell 28% after the livestreaming company made a deal to swap tens of millions of its shares to acquire 7,500 Bitcoin from Pallas Capital. Shares in the livestreaming and e-commerce company GD Culture Group fell 28% on Tuesday after announcing a share deal to acquire all the assets from Pallas Capital…
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Biotech and BNB treasury firm Windtree Therapeutics fell 77% on Wednesday after informing the SEC that it would be delisted from the Nasdaq stock exchange. Windtree Therapeutics, a biotech company that established a BNB treasury strategy last month, fell 77% on Wednesday after the Nasdaq informed the firm it would be delisted from the stock…
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The in-kind redemption model is seen as a more efficient option for the spot Bitcoin ETF and should have been allowed from “the get-go,” says an ETF analyst. Nasdaq has submitted a filing on behalf of asset manager BlackRock, seeking a rule change to permit in-kind creation and redemption for its spot Bitcoin exchange-traded fund…
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Options are “the next logical step” for BTC ETF trading and could begin by the end of February, according to an analyst. On Jan. 19, the US Protections and Trade Commission (SEC) recognized Nasdaq and the Cboe’s recommendations to start choices exchanging on Bitcoin BTC trade exchanged reserves (ETFs).Nasdaq petitioned for a standard change to…
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Options are “the next logical step” for BTC ETF trading and could begin by the end of next month, according to an analyst. On Jan. 19, The US Protections and Trade Commission recognized Nasdaq and Cboe proposition to start exchanging choices on Bitcoin trade exchanged reserves (ETFs). To be able to list and trade options…
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Exchange-traded fund analyst Eric Balchunas said the addition was “all part of the process” of a crypto ETF being listed and traded and a positive sign for SEC approval. The iShares spot Bitcoin trade exchanged reserve (ETF) proposed by venture company BlackRock has been recorded on the Storehouse Trust and Clearing Enterprise (DTCC), recommending expected…
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