Home Web3 Diaries-ProShares, Bitwise Enter the Bitcoin, Ether ETFs Race

Web3 Diaries-ProShares, Bitwise Enter the Bitcoin, Ether ETFs Race

Share
Share

Web3 Diaries-ProShares, Bitwise Enter the Bitcoin, Ether ETFs Race

The U.S. based exchange-traded fund (ETF) issue ProShares and Bitwise – a technology solutions provider – have filed an application with the U.S. Securities and Exchange Commission (SEC) for an ETF focused on bitcoin (BTC) and ether (ETH).

According to ProShares’ filing, the Bitcoin and Ether Equal Weight ETF will measure “the performance of holding long positions in the nearest maturing monthly bitcoin and ether futures contracts.”

If approved, the fund will measure “the performance of holding long positions in the nearest maturing monthly bitcoin and ether futures contracts.”

FTX Founder SBF Faces Jail as DOJ Pushes for Incarceration

Sam Bankman-Fried’s (SBF) is like to land in jail soon as the U.S. Department of Justice (DoJ) has picked some holes in FTX founders defence statement. The agency claimed that he is trying to corruptly influence witnesses.

Bankman-Fried’s defence isn’t denying that he shared former Alameda Research CEO Caroline Ellison’s diary with the New York Times, and so he should be “detained pending trial,” the U.S. Department of Justice said again in a filing late Thursday.

The filing, the second from the DOJ and the third in the ongoing back-and-forth between the ex-FTX CEO’s attorneys and the prosecutors accusing him of massive financial fraud, presents the DOJ’s view that Bankman-Fried went far beyond making a “fair comment” in sharing the diary, which his team conceded he did both during a court hearing last Wednesday and in a filing earlier this week.

Online Community LinksDAO Accepting New Members for Golf Course

If you enjoy walking the green and ready to tee-off, setting your sight on the 18th hole under par, then there’s an offer coming your way. You can become a member of LinksDAO, a decentralized autonomous organization for golf enthusiasts, which has released new membership options to expand access to its global network of golf courses and retail partners.

The organization launched its non-fungible token (NFT) membership collection in January 2022, selling out and raising $10.5 million to fund its goal of buying a Top 100 golf course.

The original tokens provide holders with a number of perks, including access to its digital community, governance voting rights and access to LinksDAO’s future crowdfunded golf club.

According to the site, the group has cultivated a community of “thousands of golf lovers across 40 countries.”

Share

Latest News

Binance Faces EU Probe Over Use of MiCA Legal Exemption
News

Binance Faces EU Probe Over Use of MiCA Legal Exemption

European regulators are looking into Binance’s use of the “reverse solicitation” exemption under the EU’s Markets in Crypto-Assets Regulation (MiCA) to serve...

Bloomberg Brings Onchain Stablecoin Data To Its Terminal
News

Bloomberg Brings Onchain Stablecoin Data To Its Terminal

Bloomberg introduces a dashboard for its Terminal that is based on Allium. It includes stablecoins that have more than $100 million in...

CFTC Event Contract Rules Move To White House Review As Prediction Markets Face Legal Test
News

CFTC Event Contract Rules Move To White House Review As Prediction Markets Face Legal Test

The CFTC is sending two proposed event contract rules to the White House for review. These rules could classify some prediction market...

Citigroup Upgrades Bitcoin Price Outlook to $113,000 Over Next 12 Months
News

Citigroup Upgrades Bitcoin Price Outlook to $113,000 Over Next 12 Months

Citigroup has increased its 12-month Bitcoin price target to $113,000. The bank points to stronger crypto market activity, a positive economic environment,...

Related Articles

Why The Same Crypto Swap Can Cost You More!

Ever wondered why the same crypto swap can give you a different...

BlackRock’s Big AI Crypto Bet: How Agents Could Transform Digital Economy

BlackRock’s latest research explores how AI agents, stablecoins, tokenized assets and computing...

Token Unlocks To Watch Till 2026-end

Imagine you are holding a token of a crypto project that is...

5 Trending Tokens On Robinhood Chain In 2026

A few months ago, Robinhood Chain did not exist. Today, it has...