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Investing
ProShares Bitcoin Futures ETF Wins ‘First Mover Advantage’ as VanEck Launch Falls Flat
The ProShares ETF has $1,4 billion in assets, compared with $8.7 million for the VanEck fund.

First Mover Asia: Bitcoin Drops Below $60K Amid Broad Sell-Off in Crypto Markets
Traders could not definitively explain bitcoin’s decline; ether falls under $4,000 for the first time since late October.

Bitcoin Tumbles to 3-Week Low Under $60K; Next Support at $53K
Market retreat comes as bitcoin’s daily price chart signals slowing upside momentum. The ether price fell below $4,000.

Crypto.com’s CRO Token Soars on Naming Deal for LA’s Staples Center
Amid this year’s broad gains in cryptocurrencies, CRO coin’s price hadn’t really stood out – until now.

Avalanche’s AVAX Token Surges to All-Time High After Deloitte Deal, Defying Crypto Trend
The token is up 85% in the past 30 days, pushing its market capitalization to $23 billion.

VanEck Bitcoin Futures ETF Finds Cool Reception
The new investment vehicle, trading under the stock ticker XBTF, jumped into the competition with a lower fee than two similar funds launched last month. But its first-day trading volume was still comparatively anemic.

VanEck to Launch Bitcoin Futures ETF ‘XBTF’ Next Week After SEC Rejects Spot Offering
Chicago-based CBOE exchange says in website posting that the VanEck Bitcoin Strategy ETF will start trading Tuesday under the ticker symbol “XBTF.”

Bitcoin Retreats From All-Time High, Ether Follows
The shakeout appeared to coincide with a turn lower in U.S. stock markets.

Bitcoin Jumps to New All-Time High as Inflation Spikes to 6.2% in October
Bond traders are increasing their bets on faster inflation after the U.S. consumer price index jumped 6.2% in the 12 months through October, the highest rate in three decades. Still “transitory?”
