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But the catastrophe at FTX hasn’t stopped Emmer from continuing to boost crypto. At an event with the crypto trade group the Blockchain Association just last week, Emmer told the assembled crypto honchos, “You are here to stay,” and that nobody should “rush in and put a huge wet blanket of regulation atop this industry just because something didn’t go right.” Coins like dogecoin There are a lot of ways you can describe cryptocurrency. However, in the easiest to understand words possible, cryptocurrency is a type of currency that uses digital files as money.
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Global X's other cryptocurrency ETF, BITS, holds BKCH as 50% of its underlying holdings. Then, the ETF puts its remaining 50% in cash collateral for a variety of Bitcoin futures contracts, similar to what BITO does. Thus, BITS offers investors a hybrid approach to cryptocurrency exposure, holding equal weights of equities and Bitcoin derivatives. Investors not comfortable holding a pure derivatives-based ETF like BITO might like BITS for its equity allocation. Conversely, investors desiring more accurate tracking of the Bitcoin spot price might like BITS for its futures allocation. The ETF costs an expense ratio of 0.65%. Choose your crypto Reading the latest cryptocurrency news here will enable you to stay up to date with the developments of cryptocurrency and blockchain. Here is the place where you will find insights, news, and education that will enlighten you and light up your path in this digital revolution.
● Cryptocurrency? Digital asset? What’s the accounting? In this podcast, we discuss what these terms mean and how they impact your financial statements. The LunarCRUSH API allows access to most of the data available on their public website. Seeing as they provide the largest set of social data available for gathering cryptocurrency data, I will expand on this section with multiple examples.