Bitcoin price to bear the brunt of recent rally; Profit booking could send BTC to $30,000 Bitcoin price has had a good run in the last couple of weeks but by the looks of it, the cryptocurrency is set to witness some change in trend. With investors selling for profits, macro conditions opposing optimistic outlooks and the market cooling down, a decline does not seem too far-fetched.
ProShares announces launch of short Ether-linked ETF ProShares, a major issuer of exchange-traded funds ,announced the launch of the short Ether-linked ETF on Nov. 2. ProShares’s new Short Ether Strategy ETF is set to start trading on the New York Stock Exchange’s Arca under the ticker symbol SETH and is designed to provide investors with an opportunity to profit from the volatility of Ether’s price.
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