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October 17, 2021

Bitcoin ETF Approved

Recently there have been rumors about the SEC approving a Bitcoin ETF in the near future. While the SEC has not yet approved a spot BTC ETF, a great milestone occurred this week with the approval of the first Bitcoin related ETF, called the Volt Equities’ Crypto Stock ETF. This product allows investors to own portions of public companies holding large amounts of Bitcoin, including Coinbase, Microstrategy, Square and Paypal.

Gary Gensler approved a Bitcoin Futures ETF from ProShares, which will allow investors to speculate on the future price of BTC. Currently there are many other applications to the SEC for futures-based ETF, including from companies like ARK Invest, Grayscale, Gemini, VanECK, Skybridge, Galaxy Digital, among others.

Ember’s investment team believes that once a pure spot Bitcoin ETF is approved, massive inflows of capital will flow into Bitcoin from large institutional investors to hedge against global inflation. We’ll be monitoring the situation closely.

Thank you for reading!

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June 27, 2022

Ember Nuggets #37 | The Fallout of CeFi Crypto Platforms 📉

Happy Monday, everyone! In this edition of Ember Nuggets, we'll be covering the fallout of CeFi crypto platforms, a quick look into Web3 cell phones, and a macro market update.

June 24, 2022

Mining Season 4 Is Right Around the Corner! ⛏️

Thank you to everyone who has participated in the third season of the mining program! The Ember team is proud to announce the start of Mining Season 4!

June 22, 2022

May 2022 Recap Newsletter 📈

Welcome to the May recap! It's been a wild month in the space, but we remain bullish on the long-term outlook.

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