Happy Monday!

BTC and ETH bounced on Monday, also because the UK has lifted a year-long ban on crypto ETFs: will the bull run now resume?

Bitcoin and the QQQ seem to be ending their correlation and that may not be a good thing: what does that mean for your portfolio?

Plus, if you’re looking to learn more about how to trade in the current information vacuum, join us this Wednesday at 6 p.m. ET as Matt Maley reveals how he’s positioning for this high volatility stretch.

TOP STORY

Bitcoin, Ethereum Bounce 2% As UK Lifts Crypto ETF Ban

Bitcoin and Ethereum are up on Monday after the U.K.’s Financial Conduct Authority lifted its four-year retail ban on crypto exchange-traded notes, allowing 21Shares, Bitwise and WisdomTree to open access to British investors.

The move marks a milestone for U.K. digital asset regulation, expanding access to physically backed Bitcoin and Ethereum exchange-traded products (ETPs) beyond institutional buyers.

Asset managers 21Shares, Bitwise and WisdomTree all listed their crypto ETPs on the London Stock Exchange, while BlackRock followed suit with its iShares Bitcoin ETP, according to the Financial Times.

Read the full scoop here.

SPECIAL OFFER

Trading Volatility Ahead Of The CPI And Earnings Wave

With September’s inflation data delayed until October 24, markets are trading in an information vacuum just as major earnings hit. Every report, forecast and reaction is moving stocks faster than usual. On Wednesday, October 22 at 6 p.m. ET, Benzinga’s Chief Market Strategist Matt Maley will reveal how he is positioning for this high-volatility stretch and the trades he believes could benefit most once the data lands.

Reserve Your Free Spot

QUICK N DIRTY

XRP is up 3% and whale inflows are returning: is this the start of a big comeback?

Bitcoin miners are struggling because fee revenue has been drying up: are Bitcoin treasury companies to blame?

Floki is the runner of the day and is up 30%: what does Elon Musk have to do with it?

SPECIAL EVENT

Where Fintech’s Future Takes Shape

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FINTECH FOCUS

Bitcoin Breaks Up With Big Tech: The QQQ–BTC Correlation Is Cracking

For years, Bitcoin and the Invesco QQQ ETF, which tracks the Nasdaq 100, moved almost in lockstep, both acting as gauges of investor risk appetite. But that relationship is fraying fast, and the recent divergence is hard to ignore.

Why is that?

Read the full scoop here.

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