Bitwise Launches NFT-Focused Index Fund – December 17

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $46,831

Bitcoin price is sitting in the high $46,000s to begin Friday, as price slips back down from its recent spike.

Top-20 altcoins also took a small hit, as Ethereum fell 5%, Solana dropped 3% and Avalanche is the biggest outlier with an 8% gain.

Top Stories for December 17, 2021 πŸ”₯

πŸ‘‰ Bitwise Launches NFT-Focused Index Fund

Bitwise Asset Management has launched the “Blue-Chip NFT Index Fund” – a fund designed to provide investors with exposure to major non-fungible tokens.

The fund will be provided to accredited investors only, with a minimum investment requirement of $25,000. The NFT space has experienced tremendous activity in Q3, with trading volumes topping $10 billion for the very first time.

πŸ‘‰ Justin Sun To Leave Tron, Become Grenada Ambassador To WTO

Tron founder Justin Sun has announced that he will be leaving the project to TRON token holders, as he moves on to new career plans.

Sun will become an ambassador of the government of Grenada to the World Trade Organization (WTO), promoting cryptocurrency legitimization in Latin American countries.

πŸ‘‰ Ethereum Scaling Platform Optimism Opens To All Developers

Ethereum Layer 2 scaling solution, Optimism, has removed its whitelist and opened to all developers, enabling all projects to now build on their network.

Optimism also launched “EVM equivalence” last month, which they claim will enable developers to deploy Ethereum-compatible smart contracts with a single click.