The products, which track the performance of the two largest cryptocurrencies by market value, carry a fee of 0.35% and were listed on the Deutsche Boerse on Thursday.
Authorized participants in ETFs are responsible for the creation and redemption process of the fund through which they create liquidity.
The broker increased its MicroStrategy price target to $1,800 from $780 while maintaining its buy rating on the stock.
Gold has outperformed after the Federal Reserve expressed a cautious stance on the pace of future interest-rate cuts, the report said.
A death cross occurs when a short-term moving average drops below the long-term moving average, signaling a potential long-term bearish shift in momentum.
The Monochrome Bitcoin ETF is a flagship product of the firm and was initially expected to be listed with Cboe Australia’s larger rival, ASX, where larger volumes are available.
The broker cut its price target to $14 from $17.50 while maintaining its buy rating.
The platform will use a cash-and-carry trade to short bitcoin futures and pocket funding rates to generate yield on its USDe tokens.
The share of crypto derivatives in total market activity slipped to 67.8% in March, according to CCData.
Maximum extractable value (MEV), in which blockchain operators reorder transactions to squeeze out additional profits, usually at the expense of whoever is sending the transactions, is not inherently bad, some policy experts point out.