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The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.

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Direxion Files for Bitcoin ETF With a Deviation, to Track Shorts on BTC Futures

American financial services and ETF provider, Direxion has filed for its Bitcoin ETF product, after more than 3 years since it last filed one.

by Godfrey Benjamin
Oct 28, 2021

CRYPTOCURRENCY

Direxion Files for Bitcoin ETF With a Deviation, to Track Shorts on BTC Futures

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