Crypto

First Bitcoin ETF set to launch in Europe in July

05 Jul 2022

First Bitcoin ETF set to launch in Europe in July

Europe’s first spot Bitcoin exchange-traded fund (ETF) will arrive on the Euronext Amsterdam Exchange in July. This move will enable both European institutional and retail investors to invest in Bitcoin and crypto via the ETF at a 1.5% management fee, and is largely viewed as a step forward to improving cryptocurrency accessibility in Europe. [3]

Nubank rolls out crypto buying capabilities to 53.9 million customers

Brazil's largest digital bank, Nubank, now offers its customers the ability to buy crypto, starting with Bitcoin and Ethereum, the largest cryptocurrencies by market valuation. Nubank users must update their app in order to acquire cryptocurrencies. Currently, the company charges a 0.02% fee on each buy and sell transaction and there is no function to withdraw cryptocurrencies to an external wallet. [4]

Polkadot reveals proposal for next generation of governance

In an effort to become more decentralized and censorship-resistant, Polkadot announced Gov2 – the next generation of governance for the DOT ecosystem. Gov2 aims to change the “practical means of day-to-day decision-making” and will transfer the responsibilities of the Council, an elected body of on-chain accounts, to token holders. After v2 is tested on Polkadot’s Canary Network, Kusama, the proposal will be active to vote on. [5]

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Crypto

Crystal Xue

Crystal Xue is a Content Marketing Manager at Alpaca. She's passionate about financial literacy and creating content that helps investors navigate financial concepts and products.