Not The First: The Home Depot, Inc (NYSE:HD),
Amazon.com, Inc (NASDAQ:AMZN) subsidiary Whole Foods, and even Mark Cuban’s Dallas Mavericks already allow customers to pay for their stuff in BTC. Tesla might take a similar approach to these businesses.
A Go Between: A likely scenario is that if the Elon Musk-led company accepted BTC its customers would transfer their cryptocurrency from their wallets to a processor, which would then convert it to fiat money and send the amount to Tesla.
An example would be BitPay, a company that has accepted payments for
Microsoft Corporation (NASDAQ:MSFT) and
Bitwise Files with US SEC to Launch New Crypto Innovators ETF
Feb 9 2021 · 09:10 UTC | Updated
Feb 9 2021 · 09:18 by Bhushan Akolkar · 2 min read
Photo: Shutterstock
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The Bitwise Crypto Innovators ETF will track crypto companies dealing with digital currency products and services. It won’t have any direct investment in digital currencies or through any derivatives.
One of the world’s largest cryptocurrency asset managers Bitwise has recently filed a new prospectus with the US Securities and Exchange Commission (SEC) for a new exchange-traded-fund (ETF) that tracks the performance of crypto innovators.
The Bitwise Crypto Innovators ETF will track the performance of the companies in the Bitwise Crypto Innovators Index. The fund manager filed the form N1-A with the SEC last week on February 5, disclosing its intent for the new ETF. The Crypto Innovators fund will track the performance of crypto companies like exchanges,
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The Grayscale Bitcoin Trust (OTC: GBTC) traded higher by another 5.6% on Tuesday as the price of bitcoin soared above $46,000 following news that Tesla Inc .