"Prospectus approved by the Swedish FSA (Finansinspektionen).
The exchange traded note will be listed May 18th on Nasdaq Nordic in Stockholm."
"XTB Provider AB will hedge all sales of the bitcoin traded note by buying an equal value in the bitcoin market" ! ! !
/// And here are two comments from Tradingview traders I highly respect:
quote Jameve: daily looks good, as long as bfx holds 226-227 there is a higher low, I am not remotely concerned yet
quote LegIon: rsi arch says we could invert-muhn moar before invert-duhm
1.) Yes, good news gets always sold, but so far the ETN hasn't launched yet, so the news cycle is still in the accumulation phase and not in the sell the news phase which comes maybe Wednesday/Thursday.
2.) Like I pointed out the ETN is hedged with buying more real Bitcoins so this could be more positive than GBTC where this is not the case.