SEC delays decision on 7RCC Spot Bitcoin and Carbon Credit Futures ETF
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SEC postpones decision on 7RCC Spot Bitcoin and Carbon Credit Futures ETF to June 24, 2024. The ETF plans to invest 80% in Bitcoin and 20% in Carbon Credit Futures-linked financial instruments. Gemini has been named custodian for the ETF. The United States Securities and Exchange Commission (SEC) has announced a delay in its decision […]
Injective (INJ) up as Helix unveils pre-launch futures
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Injective (INJ) price rose to highs of $8.20 on Wednesday. The gains came as the layer-1 blockchain network’s DEX platform Helix unveiled its pre-launch futures product. Celestia (TIA) is the first pre-launch futures token to list on Helix. Injective (INJ) is seeing a nice uptick in price today as the layer-1 blockchain adds to last […]
Bitcoin soars as SEC allows first leveraged Bitcoin Futures ETF
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Bitcoin rose to above $31,450 on Friday, its highest level since June 2022. BTC price spiked to the year-high level after the SEC allowed the Volatility Shares 2x Bitcoin Strategy ETF, or BITX. This is the first leveraged Bitcoin Futures ETF in the US and comes after this week’s BlackRock-fueled bullish sentiment for the crypto […]