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Is the rollback behind? Bitcoin price rises above $50 000 for the first time in a week
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101 Years of Stock Market History
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CBOE Awaits SEC’s Final Approval to List and Trade VanEck Bitcoin ETF
Mar 2 2021 · 10:51 UTC | Updated
Mar 2 2021 · 11:19 by Steve Muchoki · 3 min read
Photo: Depositphotos
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The listing of a Bitcoin exchange-traded-fund (ETF) is anticipated to take the industry to the next level.
A Bitcoin exchange-traded fund ETF could soon be approved in the United States after years of struggle. The Chicago Board Options Exchange (CBOE) filed a Form 19b-4 on Monday with the United States Securities and Exchange Commission to list shares of VanEck’s Bitcoin exchange-traded fund (ETF). All eyes on the SEC for the next one and a half months.
Rand report: Rand unable to escape the global sell-off after a sobering National Budget Speech
(Partner Content) The rand traded relatively flat ahead of the National Budget Speech and strengthened to USD/ZAR 14.396 during the speech. Government bonds saw similar movements, as the yields on 10-year bonds fell from 8.785% to 8.610% while Finance Minister Tito Mboweni was speaking.
In both cases, however, markets experienced a correction shortly after. Any gains that the rand made in the beginning of the week were erased by a global sell-off on Thursday, fuelled by fears of rising interest rates. During weekly trade, the GBP/ZAR and USD/ZAR pairs appreciated by 2.45% and 3.06%, respectively.
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