News

According to a report by Jinse Finance, Cboe Canada, a subsidiary of CME Group, announced the listing of two Bitcoin exchange-traded funds (ETFs) from asset management company Harvest Portfolios: the Harvest Bitcoin Enhanced Income ETF (HBIX) and the Harvest Bitcoin Leaders Enhanced Income ETF (HBTE). It is reported that both Bitcoin ETFs employ an active covered call strategy and use moderate leverage.

May 9 news, according to the latest report from Matrixport, the price of Bitcoin has once again surpassed $100,000, rising 16% since reaching a key level of $85,450 on April 11. The report indicates that after Bitcoin broke through the 21-week moving average ($87,199) and the Fibonacci resistance level ($87,045), coupled with accelerated ETF inflows, a strong upward signal was formed. Currently, Bitcoin's market capitalization share has risen to 64.5%, the highest since the DeFi boom in 2021, demonstrating the market's "safe haven" tendency. In contrast, altcoins continue to perform sluggishly, with social media attention dropping by more than 40% since December last year. The report suggests maintaining a bullish outlook on Bitcoin while hedging risks through perpetual contracts on altcoins.