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Mercados

ProShares’ Bitcoin Futures ETF Underperforms BTC This Year: K33 Research

The underperformance stems from hidden costs of rolling futures contracts every month as they expire called the “contango bleed,” exacerbated by this year’s rebound in BTC price.

(K33 Research)

Finanzas

Stablecoin Issuer Tether Invests in Sustainable Bitcoin Mining in Uruguay

The company earlier this month announced plans to invest part of its profits in BTC purchases and infrastructure.

(Rachel Sun/CoinDesk)

Mercados

Bitcoin’s Declining Correlation With Stocks Revives Its Appeal for Investors: K33 Research

The correlation of BTC’s price with the NASDAQ index has fallen to 17-month lows, making the asset attractive again for portfolio diversification, crypto research firm K33 noted.

(Getty Images)