Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
EFT
BlackRock Files for ETF Tracking Crypto Companies
BlackRock is one of those asset management firms that often creates new exchange-traded funds (ETFs). However, the news of BlackRock's latest filing has made a lot of excitement in the blockchain world. The company announced its intention to open a fund to replicate the performance of the crypto sector. However, behind this statement, reported by many websites, some crucial nuances arise. Our article will analyze the news in detail, adding no information regarding BlackRock's position on cryptocurrencies. BlackRock is pursuing…
3 years ago
ProShares Filed For Metaverse ETF
ETF issuer ProShares released its first exchange-traded fund focused on the metaverse. ProShares, the company behind the first U.S. Bitcoin ETF, now plans to release an ETF focused on tracking metaverse stocks. The issuer, which has over $65 billion under management, filed a request with the Securities and Exchange Commission. The ProShares Metaverse Theme ETF will track the Solactive Metaverse Theme Index and a stock index focused on the metaverse. The request will track companies providing or using metaverse tech, including…
3 years ago