After months of trying by many companies, ProShares was the first to launch the US Bitcoin ETF. It is ProShares Bitcoin Strategy ETF (ticker: BITO). Fees A fee of 0.95% is charged by the ETF, per year. In simpler terms, for every investment of $10,000 in ProShares Bitcoin Strategy ETF, an investor will be required […]
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Author: Nxtgen Virtue
Finding Happy Space during Crypto Crash
For Bitcoin and other cryptocurrencies, it has been a rough week. In the last 30 days, Bitcoin has witnessed a continuous fall in its prices and currently is down by 18%. The dump in the prices of Bitcoin and other cryptocurrencies has also started to affect NFT prices, which started to show hints of weakness. […]
Ethereum Rivals Rising Faster than ETH
While the crypto markets are going through a rough patch, many competitors of ETH are rising. As per the data provided by Electric Capital, “Ethereum is growing rapidly, so are some of the new blockchain projects, which are rising at an unprecedented speed”. Solana, layer 1 blockchain protocol, witnessed a breakout year, where it rose […]
Reason for Price Fluctuation in Bitcoin
Bitcoin, in recent years, has become one of the most attractive assets for investors. Being so popular and innovative, people still are unable to understand its working and price variations. Even experts are unable to identify the reasons behind this variation (both upwards and downwards) in the prices of Bitcoin. Bitcoin Value Variation Value variation […]
Defining Blockchain Why it is different...
As per the recent studies carried out by Markets and Market, “Blockchain is expected to grow considerably in market size, according to them the market size of blockchain which in 2020 is $3.0 billion will reach $39.7 billion by 2025”. The rate of growth for blockchains in these five years is at an impressive 67.3% […]
