Market Analysis Report (18 Oct 2021)

The U.S. Securities and Exchange Commission (SEC) may be allowing the first bitcoin futures exchange-traded fund (ETF) to start trading. ProShares, which filed for its Bitcoin Strategy ETF this summer, is rumoured to be the first to launch.

Cryptocurrency platform Bakkt has completed a merger with VPC Impact Acquisition Holdings, according to an announcement from the Intercontinental Exchange (ICE). The merger will see Bakkt start trading on the New York Stock Exchange as a public company under the ticker “BKKT.”

Video game company, Valve, the developer of the software distribution platform Steam, has updated its guidelines for game developers to block “applications built on blockchain technology that issue or allow exchange of cryptocurrencies or NFTs.”

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Top stories in the Crypto Roundup today:

• First Bitcoin Futures ETF Expected to Start Trading This Week
• Crypto Platform Bakkt to Go Public on NYSE After Merger
• Valve’s Steam Platform Rejects Crypto and NFT Games
• Chart of the Week: Bitcoin’s Performance vs. Commodities
• Sponsored: Check Out The Newest Liquidity Mining Pool on Curve Finance

Source: https://www.cryptocompare.com/email-updates/daily/2021/oct/18/