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Ark Invest and 21Shares partner to launch digital asset ETF suite

Five digital asset ETF products will be listed on the Chicago Board Options Exchange and are scheduled to start trading next week. Investment management firm Ark Invest, led by pro-Bitcoin investment veteran Cathie Wood, has collaborated with exchange-traded product (ETP) provider 21Shares to launch a new suite of digital asset exchange-traded funds (ETFs). The move aims to provide a “robust set of options" for investors looking to get digital asset s into their trading portfolio.  The countdown begins: today, 21Shares and ARK Invest announce the upcoming launch the ARK and 21Shares Digital Asset ETF Suite. The ETF suite uses crypto-specific insights alongside traditional indicators. pic.twitter.com/dkg8aTCtVR — 21Shares Funds (@21shares_funds) November 8, 2023 According to the 21Shares website, the companies will utilize on-chain signals and their crypto-native experience to deliver “long-term capital appreciation” by investing in Bitcoin (BTC) and Ether (ETH) futures ...

The Bank of Spain welcomes the “digital euro” and outlines its advantages.

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In the realm of crafting content, three key elements stand out: “perplexity,” “burstiness,” and “predictability.” Perplexity, the yardstick of textual intricacy. Burstiness, the gauge of sentence diversity. Predictability, the measure of foreseeing the next sentence. Typically, human authors infuse their work with bursts of creativity, combining lengthy and intricate sentences with concise ones. In contrast, AI-generated content often leans towards uniformity. Thus, in the forthcoming content you’ll create, we seek a substantial dosage of perplexity and burstiness while keeping predictability at a minimum. The medium of expression is English, exclusively. Now, let’s rework the provided text: The digital euro, according to this proclamation, is poised to revolutionize electronic payments, becoming an indispensable cornerstone of the financial landscape. In a resounding chorus, Banco de España, the central bank of Spain, joins its Europea...

Chinese city implements plan for blockchain digital infrastructure system by 2025

The government of Shanghai has implemented its strategic plan for the development of its urban blockchain digital infrastructure system between the years 2023-2025. The government in the Chinese city of Shanghai issued an implementation plan on July 31 for promoting the development of its urban blockchain digital infrastructure system in the time frame of 2023-2025, according to an update on the government’s webpage.  The update says that the plans have been formulated in order to serve the “strategic goal” of Shanghai’s urban digital transformation, along with strengthening the application of blockchain in the economy, public service and urban governance. It reads that, "breakthroughs in blockchain core technology and standard system construction have been made, leading to the formation of an industrial ecology with strong innovation momentum, and nurturing a group of leading and innovative companies with industry influence.” When the urban blockchain digital infrastructure...