Global #NYSE

In a surprising move that has caught the attention of investors and market analysts alike, the New York Stock Exchange (NYSE) has decided to withdraw its plans to list options on Bitcoin exchange-traded funds (ETFs).

Bakkt Holdings, a cryptocurrency platform backed by the New York Stock Exchange (NYSE), is reportedly contemplating a sale as it navigates the dynamic crypto environment. According to insiders, the company has enlisted advisors to explore various options, including selling part or all of its business.

ProShares, a prominent issuer of exchange-traded funds (ETFs), has submitted a proposal to the New York Stock Exchange (NYSE) to list and trade spot Ethereum (ETH) ETF shares. This initiative underscores ProShares' dedication to broadening its range of digital asset products, offering investors a regulated and secure avenue to access Ethereum exposure.

Blockchain technology is being considered as a solution to prevent trading glitches like those experienced by the New York Stock Exchange (NYSE).

The debut of spot Bitcoin ETFs in January 2024 marked a significant turning point for the cryptocurrency market, according to experts like Lynn Martin, president of the New York Stock Exchange Group. These exchange-traded funds are being hailed for their role in boosting liquidity and driving wider acceptance of cryptocurrencies among the general public.

The New York Stock Exchange (NYSE) is making a significant move into the cryptocurrency space by collaborating with CoinDesk Indices. This partnership will see the launch of cash-settled index options based on the CoinDesk Bitcoin Price Index (XBX), the longest-running benchmark for spot Bitcoin prices.