ICYMI: Crypto ETFs in Canada and Brazil tumbled during Monday session
The US has yet to approve spot-based crypto ETFs, but Canada and Brazil did in early 2021.
Bitcoin's price fell to lows not seen since December 2020 on Monday, dropping over 10% in a day and trading at around $23,400 at the time of writing.to see significant fallout. In the US, regulators have yet to approve spot-based crypto ETFs to trade on a regulated exchange, but neighbors to the north and south have, and those products saw significant fallout today.
But these products fell sharply today as crypto and equities saw considerable turbulence. Evolve's EBIT fell 19.25% today, dropping from 13.87 CAD to 11.39 at open. At close EBIT had fallen further to 11.20 CAD. Ethereum-based products on TSX saw the worst of it, cratering nearly about 25% at open. Purpose, Evolve and CI and Galaxy allEther-based funds shortly after the Ontario Securities Commission allowed bitcoin ETFs to trade.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
The CFTC’s action against Gemini is bad news for Bitcoin ETFsA law professor breaks down and explains what stands behind the lawsuit that was recently initiated against crypto exchange Gemini by the U.S. Commodity Futures Trading Commission.
Weiterlesen »
Why ETFs are a wise choice in a bear marketA bear market is a prolonged period of stock market price declines, typically by 20% or more from its most recent high.
Weiterlesen »
Crypto Markets Lost Another $100B: ETH Dumps to 2018 ATHIn Case You Missed It: The Top Trending Crypto News.
Weiterlesen »
Deloitte: 85% of US merchants surveyed say enabling crypto payments is high priorityEnabling crypto payments does not mean companies will be holding digital assets, as more than half plan to have payment processors convert crypto into fiat currency.
Weiterlesen »
Crypto-Related Lawsuits Rising in Russia, Criminal Cases Increase by 40% – Bitcoin NewsCourts in Russia are hearing a growing number of cases around crypto assets, a new study has recently indicated.
Weiterlesen »
How to survive 1 month in El Salvador using Bitcoin only | Crypto Stories Ep. 12Sure we know you can spend Bitcoin in El Salvador cities, but what about the countryside? We have a new crypto stories about what it's really like down there. New video live:
Weiterlesen »