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Bitcoin hovers near 6-month high on ETF hopes, inflation worries
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economictimes.indiatimes.comBitcoin hovered near six-month highs on Monday in anticipation of the listing of the first futures-based bitcoin exchange-traded funds (ETF) in the United States, which investors hope will boost cryptocurrency trading volumes. If the U.S. Securities and Exchange Commission (SEC) does not object, the ProShares Bitcoin Strategy ETF completes a 75-day period since the fund manager filed plans and could begin trading on Tuesday. Other fund managers could list bitcoin ETFs in the coming days and weeks, and that could lead to wider investment in digital assets.
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RBI is working towards a 'phased introduction' of the digital rupee. The digital rupee will likely coexist with cash and digital forms of payments.
View Details » Read more on economictimes.indiatimes.comAbout this in other media
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