What Is A Spot Bitcoin ETF?

In May 2024, the SEC approved eight spot Ether ETFs for trade on the NYSE, Nasdaq, and CBOE BZX exchange. Although the exchanges are authorized to list the ETFs, trading can only begin once further approvals are granted. FBTC is designed to track bitcoin’s price closely, reflecting its performance with minimal deviation. Spot bitcoin ETFs … Read more

What Are Smart Contracts on the Blockchain and How Do They Work?

Read on for a simple introduction to smart contracts and what they mean for society. Supply chain management involves multiple stakeholders and complex transactions. Smart contracts can automate and streamline processes such as order fulfillment, inventory management and payment settlements. By using smart contracts, supply chain participants can ensure transparency, traceability and efficiency in the … Read more

What is Representative Money?

For example, metal coins should have a standard weight and purity. Trying to use a non-fungible good as money results in transaction costs that involve individually evaluating each unit of the good before an exchange can take place. Behind every blog post lies the combined experience of the people working at TIOmarkets. We are a … Read more