Torus Kling Blockchain to launch India’s first crypto backed futures ETF at Gift City

Torus Kling Blockchain to launch India’s first crypto backed futures ETF at Gift City

Torus Kling Blockchain IFSC, a 50:50 joint venture between Sam Ghosh promoted Cosmea Financial Holdings (CFH) and Kling Trading India, signed an MOU with India INX to launch India’s first Bitcoin and Ethereum Futures ETF and Metaverse US listed Large-cap Discount Certificates. Crypto-backed futures ETF This Bitcoin & Ethereum Futures ETF will be the first … Read more

Stock futures move higher after Friday’s big sell-off, investors monitor omicron Covid variant

Stock futures move higher after Friday's big sell-off, investors monitor omicron Covid variant

A trader on the floor of the New York Stock Exchange (NYSE), on Thursday, Nov. 18, 2021.Michael Nagle | Bloomberg | Getty ImagesStock futures moved higher in overnight trading Sunday following Friday’s big sell-off as investors monitor the latest developments related to the Covid omicron variant.Futures on the Dow Jones Industrial Average gained about 215 … Read more

DeFi Matures As Innovative Crypto-Based Futures Issuance And Trading Rises

DeFi Matures As Innovative Crypto-Based Futures Issuance And Trading Rises

NEW YORK, NEW YORK – OCTOBER 19: A banner for the newly listed ProShares Bitcoin Strategy ETF hangs … [+] outside the New York Stock Exchange (NYSE) on October 19, 2021 in New York City. Getty Images Satoshi Nakamoto introduced a novel form of decentralized and peer-to-peer money on October 31, 2008, publishing the Bitcoin … Read more

Bitcoin futures ETF may be costly way to get long-term crypto exposure

Bitcoin futures ETF may be costly way to get long-term crypto exposure

boonchai wedmakawand | Moment | Getty ImagesCrypto enthusiasts had reason to cheer last week as digital currencies notched another milestone: the first U.S. bitcoin futures exchange-traded fund.Investors rushed in. The ProShares Bitcoin Strategy ETF (BITO) had the second-biggest trading debut for any ETF on record when it launched Oct. 19. Its share price jumped 4%. … Read more