BlackRock’s proposed Bitcoin ETF would hold no Bitcoin or spot ETF shares

BlackRock’s proposed Bitcoin ETF would hold no Bitcoin or spot ETF shares
BlackRock filed with the SEC on Oct. 19 for the iShares Bitcoin Managed Protection ETF (PBIT), a fund that would hold options and fixed-income securities and gain Bitcoin exposure through derivatives. The preliminary prospectus excludes direct Bitcoin and spot Bitcoin ETP holdings. The securities cannot be sold until the registration statement becomes effective. Money that… … Read more

Hoskinson reveals new code for Cardano, but $63M TVL exposes a gap

Hoskinson reveals new code for Cardano, but $63M TVL exposes a gap
Charles Hoskinson is developing a new programming language for Cardano as the blockchain approaches a pivotal test of commercial demand. The Cardano founder said he is working with developer Lucas Rosa, a software engineer at Input Output Global, on a language supporting intent-based transactions and proof-carrying data using Groth16 cryptographic proofs. The announcement follows Hoskinson's… … Read more