Browsing: crypto market downturn

In recent discussions about digital asset treasury (DAT) companies, Matt Hougan, the chief investment officer at Bitwise, emphasized that these firms are likely to struggle in maintaining any premiums over their underlying cryptocurrency holdings.This challenge is largely attributed to the operational costs and liquidity restrictions that impose significant pressure on their market valuations, especially in the midst of a crypto market downturn.

The launch of 3x leveraged Bitcoin and Ethereum ETFs marks a significant development in the world of exchange-traded products, particularly as Europe gears up for increased participation in the crypto market.These newly introduced leveraged crypto ETFs by LeverageShares are set to offer investors an opportunity to exponentially amplify their exposure to the volatile landscapes of Bitcoin and Ethereum.

crypto market downturn The crypto market is experiencing a notable downturn, with Bitcoin falling to $111,000 following the Federal Reserve’s…