Transaction URL: https://etherscan.io/tx/0x4ed26a1f1b5ea033eff27c3ee348422c004a023367bde0634df1f3012ffd640d
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Cboe Global Markets, a top derivatives and securities exchange, has announced the launch of pioneering cash-settled index options for spot Bitcoin, set to begin trading on December 2. These SEC-regulated options will be based on the Cboe Bitcoin U.S. ETF Index, designed to mirror the performance of U.S. listed spot Bitcoin ETFs, offering traders a direct correlation to Bitcoin prices without the complexities of physical delivery.
With this strategic move, Cboe introduces options that allow traders to speculate on Bitcoin ETFs, manage risks, or express market views through cash settlements. The options, including standard and mini sizes, ensure flexibility and control over investment sizes and risk exposure. Additionally, the European-style exercise of these options eliminates risks associated with early assignment, enhancing trading security.
Rob Hocking, Cboe’s Global Head of Product Innovation, highlights the benefits: “Our new options provide a sophisticated avenue to gain Bitcoin exposure and manage market dynamics efficiently.” This initiative is part of Cboe’s broader strategy to expand its digital asset derivatives offerings, reinforcing its market position by integrating comprehensive trading solutions under one roof.
Jason Lowery’s Softwar “thesis” is a complete joke. It is a mix of incoherent, and subtly so, argumentation about cybersecurity and a repackaging of old topics of discussion that were thoroughly explored a decade before Jason Lowery became a name that anyone was familiar with in this space.
First let’s look at the nation state mining “defensive weaponry” nonsense. Nation states being incentivized to mine, or support mining in their jurisdictions,…
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On November 22, 2024, the daily net flow of U.S. Bitcoin ETFs reported significant growth, particularly benefiting from a robust influx of funds into several key ETFs. Leading the surge, BlackRock’s Bitcoin ETF (Ticker: IBIT) registered a remarkable increase of 6,188 BTC, underscoring strong investor interest.
Fidelity’s Bitcoin ETF (Ticker: FBTC) also saw a substantial addition, receiving an inflow of 3,058 BTC. Other ETFs including Bitwise (Ticker: BITB) and Invesco Galaxy’s (Ticker: BTCO) enjoyed gains of 691 BTC and 177 BTC, respectively. ARK’s Bitcoin ETF (Ticker: ARKB) and Valkyrie’s (Ticker: BRRR) both experienced smaller but noteworthy inflows of 171 BTC and 62 BTC.
Grayscale’s BTC fund (Ticker: BTC) saw an increase of 98 BTC, and Franklin Templeton’s (Ticker: EZBC) added 58 BTC. In contrast, Grayscale’s GBTC (Ticker: GBTC) faced a minor outflow of 9 BTC, marking a slight decline amid the broader positive trend.
Overall, the collective Bitcoin holdings of these ETFs rose to 1,073,559 BTC, with a net daily increase of 10,494 BTC, equivalent to approximately $1.03 billion. This day’s significant net inflow highlights the continued confidence and active participation in the cryptocurrency investment space through U.S. Bitcoin ETFs.
Disclaimer: Market capitalizations and data can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.
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As SOL reached new all-time highs yesterday, Crypto Twitter’s search for the “next Solana” is on.
There is no shortage of mega fast alt-L1s to pick from, but in the spotlight are two contenders: MoveVM-based chains Sui and Aptos. Both chains were born in the previous crypto cycle, and built by teams with backgrounds in Facebook, which developed the Move programming language as part of its Libra (later renamed Diem) project.
In terms of price action, SUI has outperformed APT by a large margin on a YTD basis after overtaking Aptos in market cap in mid-September.
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As a PR professional with over a decade of experience, I’ve witnessed firsthand the changing landscape of media. And let’s be honest: the claim that “legacy media is dead” feels more like a provocative headline than an accurate assessment. Sure, the traditional media model is shifting—especially in the wake of recent U.S. elections, where public trust in established outlets saw a noticeable decline. People are seeking…
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