Month: June 2026

Bitcoin’s Slide Below $60,000 Delivers 80% Windfall For This ETF

Bitcoin’s plunge below the key $60,000 level last week created winners in leveraged inverse ETFs betting against some of the crypto market’s most closely watched stocks. The T-Rex 2X Inverse CRCL Daily Target ETF (BATS:CRCD) surged roughly 82% last week, while the T-Rex 2X Inverse MSTR Daily Target ETF...
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UK FCA permits crypto ETNs for UK funds but imposes strict ceiling

The United Kingdom’s Financial Conduct Authority has proposed allowing authorized investment funds to allocate up to 10% of their assets to crypto exchange-traded notes, while keeping direct cryptocurrency ownership off limits. According to the FCA’s 52nd quarterly consultation paper, the…...
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