With Bitcoin reclaiming the $30K mark and established giants like PayPal venturing into the cryptocurrency domain, the convergence between conventional financial systems and the crypto sphere grows increasingly conspicuous.
The chief research officer of 3iQ, a digital asset manager, expressed that the leading cryptocurrency in terms of market capitalization is currently benefiting from the positive effects of various spot bitcoin ETF applications and other events that took place in June.
Volatility Shares has announced that its 2x leveraged bitcoin futures exchange-traded fund will derive its value from the prices of CME Bitcoin Futures.
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