VanEck Bitcoin Futures ETF Goes Live On CBOE – November 16

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $60,759

Bitcoin price has tumbled back into the $60,000s, touching as low as $58,800 in a sharp fall overnight.

Top-20 altcoins have also suffered significant losses, as Ethereum drops 6%, Solana falls 7% and Litecoin takes an 11% hit.

Top Stories for November 16, 2021 πŸ”₯

πŸ‘‰ VanEck Bitcoin Futures ETF Goes Live On CBOE

Fund manager VanEck has seen its Bitcoin futures exchange-traded fund (ETF) begin trading on the Chicago Board Options Exchange (CBOE) today.

The ETF, trading under the ticker XBTF, won approval from the Securities and Exchange Commission (SEC) in October and has a net expense ratio of 0.65%.

It is the third Bitcoin futures ETF to begin trading within the United States.

πŸ‘‰ American Airlines Partners With Blockchain Platform Winding Tree

American Airlines has partnered with blockchain-based travel platform, Winding Tree, to enable corporate buyers to directly purchase airline data.

Winding Tree was founded in Switzerland in 2017 and aims to streamline data sharing and processes between airlines, hotel operators and travel companies.

πŸ‘‰ Ethereum Layer 2 Firm StarkWare Achieves $2B Valuation

StarkWare, the developers behind Layer 2 scaling platform StarkNet, has raised $50 million in Series C funding, valuing the company at $2 billion.

StarkNet will employ ZK-rollup technology and is due to launch later this month, according to CEO and co-founder Uri Kolodny.