The jump in the price of bitcoin to almost $48,000 came immediately after the SEC published a message on its X account (formerly Twitter) suggesting that it had approved the long-awaited launch of a new type of investment product, known as an ETF. But minutes later, SEC Chairman Gary Gensler...

The agreement will bolster cross-border ETF cooperation.

Dubai, UAE--Global assets invested in exchange-traded funds (ETFs) tied to the spot price of bitcoin now total US$4.16 billion, showed data by CoinGecko, a cryptocurrency data and analysis company. According to a few media reports nearly half of that sum, or $2 billion, is invested in the seven spot bitcoin...

The traded values (short and long trades) on the exchange reached $177 billion compared with $134 billion during the same period last year.

The Income Share Class B fund will be listed on ADX.

The company has been added to key UAE and global small-cap indices.

The parties agreed on a strategic plan to implement new measures over the next nine months to strengthen ties between investors based in both countries by enabling the seamless placement of orders on both securities markets, while reducing transaction costs.

Cryptocurrencies declined on Friday following an ETF-fueled rally that saw it reach a record $67,016 on Wednesday, as investors questioned whether the new investment vehicle will attract as much new money to the assets as some have speculated.