Mechanism Capital co-founder Andrew Kang has spent two years trying to fractionalize the NFT and it’s finally going ahead.
Coinbase Institutional believes the wider crypto market could potentially struggle against macro and technical factors in the coming weeks.
The newborn nine spot bitcoin ETFs also topped $20 billion worth of inflows on Friday, with net inflows now totaling over $9.5 billion.
Bitcoin has crossed over the $71,000 mark, surpassing silver to become the eighth largest asset by market cap.
The amount of COIN offloaded by ARK is substantial — being the most sold since mid-February and the second-most since July of last year.
Positive drivers such as spot ETF inflows are likely to meet some important macro and technical headwinds in the coming weeks, the report said.
ARK Invest aims to have no individual holding surpass a 10% weighting of an ETF’s value, making such large sell offs necessary when an asset surges in value.
The KOSPI trading volume recorded 11.4794 trillion won on Mar.8, compared to nearly 12 trillion won on local crypto exchanges on Sunday.
Indian cryptocurrency investment platform Mudrex will offer U.S. spot-bitcoin exchange-traded funds (ETFs) to Indian investors, both institutions and retailers, CEO and co-founder Edul Patel said.
Such crypto ETNs would allow investors to trade securities that track crypto assets on the exchange during London trading hours.
