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ETF analyst questions how Canary’s TRUMP fund ‘gets through’

Analyst Eric Balchunas says exchange-traded funds must have a futures product live for at least six months, which Canary doesn’t have for its TRUMP fund. Source: https://cointelegraph.com/rss ETF analyst questions how Canary’s TRUMP fund ‘gets through’

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Iranian crypto flows fall 11% on Israel conflict, Nobitex hack: TRM Labs

Iran crypto flows dropped 11% so far this year to July, amid conflict with Israel, a $90 million hack on local crypto exchange Nobitex and Tether freezing 42 wallets. Source: https://cointelegraph.com/rss Iranian crypto flows fall 11% on Israel conflict, Nobitex hack: TRM Labs

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Bitcoin miner Hut 8 announces 1.5GW expansion in the US, stock rises 10%

Labeled for “energy-intensive use cases,” the facilities in Texas, Louisiana and Illinois could support both Bitcoin mining and artificial intelligence workloads. Source: https://cointelegraph.com/rss Bitcoin miner Hut 8 announces 1.5GW expansion in the US, stock rises 10%

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Altseason won’t start until more crypto ETFs launch: Bitfinex

While most look at historical patterns and Bitcoin dominance, Bitfinex analysts say that the start of an altcoin season may hinge on the launch of crypto ETFs. Source: https://cointelegraph.com/rss Altseason won’t start until more crypto ETFs launch: Bitfinex

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ETF issuers must be picky as most crypto is ‘pretty sketchy’ — REX CEO

REX Financial CEO Greg King says the crypto market gets dicey “below the top 10” and ETF issuers should carefully choose what tokens to turn into funds. Source: https://cointelegraph.com/rss ETF issuers must be picky as most crypto is ‘pretty sketchy’ — REX CEO