{"id":8684,"date":"2022-02-07T23:02:00","date_gmt":"2022-02-07T20:02:00","guid":{"rendered":"https:\/\/alfacash.blog\/?p=8684"},"modified":"2024-02-19T21:50:57","modified_gmt":"2024-02-19T18:50:57","slug":"%e0%a4%a8%e0%a4%af%e0%a4%be-%e0%a4%ac%e0%a4%bf%e0%a4%9f%e0%a4%95%e0%a5%89%e0%a4%87%e0%a4%a8-%e0%a4%88%e0%a4%9f%e0%a5%80%e0%a4%8f%e0%a4%ab-%e0%a4%85%e0%a4%a8%e0%a5%81%e0%a4%ae%e0%a5%8b%e0%a4%a6","status":"publish","type":"post","link":"https:\/\/alfacash.blog\/hi\/2022\/02\/07\/%e0%a4%a8%e0%a4%af%e0%a4%be-%e0%a4%ac%e0%a4%bf%e0%a4%9f%e0%a4%95%e0%a5%89%e0%a4%87%e0%a4%a8-%e0%a4%88%e0%a4%9f%e0%a5%80%e0%a4%8f%e0%a4%ab-%e0%a4%85%e0%a4%a8%e0%a5%81%e0%a4%ae%e0%a5%8b%e0%a4%a6\/","title":{"rendered":"\u0928\u092f\u093e Bitcoin ETF \u092f\u0942\u090f\u0938 \u092e\u0947\u0902 \u0938\u094d\u0935\u0940\u0915\u0943\u0924 \u0939\u094b \u0917\u092f\u093e \u0939\u0948 \u0914\u0930 \u092c\u093e\u091c\u093e\u0930 \u092e\u0947\u0902 \u0938\u0941\u0927\u093e\u0930 \u0939\u094b \u0930\u0939\u093e \u0939\u0948"},"content":{"rendered":"\n

Bitcoin (BTC) and the whole cryptocurrency market started a bearish 2022. However, that\u2019s changing now, probably because a new Exchange-Traded Fund (ETF) based on Bitcoin was just approved in the United States. To be more specific, the Valkyrie Bitcoin Miners ETF (WGMI) will be listed on Nasdaq by February 8, 2022.<\/p>\n\n\n\n

This new ETF won\u2019t handle any Bitcoin or take its value as a reference, though. Instead, the fund will invest in public companies dedicated to the Bitcoin mining industry<\/strong> \u2014that\u2019s why the name. Additionally, the companies inside the portfolio have to use around 77% of renewable energy to make their activities. This factor comes due to the general concerns about the environmental impact<\/a> that Bitcoin (and other cryptos) could bring.<\/p>\n\n\n\n

\"bitcoin-tesla-green-energy\"<\/figure><\/div>\n\n\n\n

Among the companies included<\/a> on the ETF\u2019s portfolio are Argo Blockchain (ARBK), Bitfarms (BITF), Cleanspark (CLSK), Hive Blockchain (HIVE), Stronghold Digital Mining (SDIG), Marathon Digital (MARA), Bit Digital (BTBT), and Digihost Technology (DGHI). Not all of them are from America but also come from the United Kingdom and Canada.<\/p>\n\n\n\n

Valkyrie also launched<\/a> the Bitcoin Strategy ETF (BTF) on Nasdaq last year, just after the first-ever Bitcoin ETF by ProShares<\/a>. Both of them are based on Bitcoin futures contracts, so, WGMI would be the first one focused on Bitcoin mining<\/a> in the country. As a result, BTC raised by over 15% in the last week, reaching $44,000 per coin again<\/strong> [CoinMarketCap].<\/p>\n\n\n\n

Likewise, the whole cryptocurrency market is returning to a bullish zone, with an increase of over 13%. Big gainers are Shiba Inu<\/a> (52%+), XRP (37%+), Zcash (33%+), Axie Infinity<\/a> (27%+), and Litecoin (25%+). According to the Crypto Fear & Greed Index<\/a>, we\u2019re now on a \u201cNeutral\u201d but almost \u201cGreedy\u201d market.<\/p>\n\n\n\n

XRP and Shiba Inu are on rally<\/strong><\/h2>\n\n\n\n

Beyond Bitcoin<\/a>, there is some good news for XRP and SHIB holders. In the first case, after a very long court case, the battle between Ripple and the U.S. Securities and Exchange Commission (SEC) may be coming to an end. Judge Analisa Torres ordered<\/a> the unsealing of some confidential documents from Ripple but also conceded them the right to go on with their fair notice defense<\/a>.<\/p>\n\n\n\n

For Jeremy Hogan, partner at law firm Hogan & Hogan, this could imply a soon verdict, after over a year in the court.<\/a> As a result, XRP raised by over 37% in the last week<\/strong>, and it\u2019s now valued at $0.86 per coin.<\/p>\n\n\n\n

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It's good because we are moving into the second phase of the case where "things" are going to happen.<\/p>— Jeremy Hogan (@attorneyjeremy1) February 3, 2022<\/a><\/blockquote>