FSInsight Crypto Daily Report – 10/18/21

Name: FS Insight
Price range: $$$

Oct 18, 2021

body div center ul, body div center li { font-size: 22px; margin-left: 10px !important; margin-right: 0 !important; Most Important Daily Data and News for Digital Assets Crypto Daily ReportThe Most Important Daily Data for Digital Assets Daily Updates from FSInsightOctober 18, 2021At the time of writing, the overall crypto market is trading 1.0% lower over the prior 24 hours as Bitcoin trades 0.5% higher and Ethereum trades 2.5% lower over the same period. According to CoinMarketCap data, the total crypto market cap surpassed $2.5 trillion over the weekend, nearing the all-time high figure achieved in February 2021.On Friday afternoon, the U.S. Securities and Exchange Commission (SEC) approved ProShares' application for a futures-based bitcoin ETF. The ETF is the first of its kind in the U.S. and is set to debut on the NYSE on Tuesday morning under the ticker $BITO. It will provide investors exposure to BTC via bitcoin futures contracts traded on the CME. Aggregate open interest on CME reached $3.60 billion on Friday, surpassing the previous all-time high of $3.17 billion reached in February.In other public market news, crypto financial services platform Bakkt Holdings completed its merger with VPC Impact Acquisition Holdings on Friday and is expected to list on the NYSE today a

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