Daily Archives: 15/07/2021

S&P Dow Jones Indices Launched 240 Cryptocurrency BDM Index

S&P Dow Jones Indices, a division of S&P Global, announced the launch of the S&P Cryptocurrency Broad Digital Market (BDM), a “broad digital market index” of 240 cryptocurrencies. S&P Dow Jones Indices (S&P DJI) has announced that BDM will track 240 cryptocurrencies and cover about 80% of the total cryptocurrency market capitalization. Today it is about $ 1.3 trillion. The data provider will be the New York-based company Lukka Prime. To be included in the…

Brazilian regulator approved the launch of the country’s first ETF pegged to ETH

The Brazilian Securities and Exchange Commission (CVM) has approved the launch of an exchange-traded fund (ETF) pegged to ETH. It will be named QETH11 and will be operated by QR Asset Management. QETH11 will be listed on the Brazilian B3 Stock Exchange, registered in São Paulo, which serves clients around the world. QR Asset Management will use the custodian service of the Gemini cryptocurrency exchange, owned by brothers Cameron and Tyler Winklevoss. The company’s management…