LUNA Crash Has ETP Issuers Sweating Their Exposure
– 21Shares’ Terra ETP tracks the price of LUNA, which has fallen sharply in recent days.
– If the price of LUNA drops to zero, the Terra ETP will also lose all its value.
– 21Shares also offers indexes such as its Crypto Basket 10 ETP, which seeks to track the investment results of an index composed of the 10 largest cryptoassets by market capitalization.
– DeFi Technologies’ Valour launched a Terra ETP on the Nordic Growth Market (NGM) in February.
– The rapid decrease in price of Terra led to a halt on all trading by the NGM exchange.
Share this:
Related
More Stories
Slight Bitcoin Bullishness Continues Despite Market Cap Drop
The total cryptocurrency market capitalization dropped by 5% between Nov. 14 and Nov. 21, reaching a notable $795 billion. -However,...
Ethereum to fuel bullrun to $2,000 in coming weeks
- Ethereum's performance last week outperformed Bitcoin's by three times on the weekly chart. - Experts believe that Ethereum's burning...
JPMorgan’s Recent Experiment Proves Crypto is Here to Stay!
Ethereum was created in 2013, laying the foundation for cryptocurrency to take the largest step in its evolution since the...
tWhy Bitcoin and Ethereum Investors Are Losing Money
- Investors in Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies are losing money at a historic pace - The news...
“Bitcoin is Dead” – Mainstream Media 466 Times
The mainstream media has been publishing articles blaming crypto for the collapse of the FTX exchange and Sam Bankman-Fried's crypto...
Bitcoin hits highest in nearly a month, eyes inflation data
Cryptocurrencies have been battered This year due to increased inflation rates and The collapse of key projects -The Ethereum Network...
