Flash Briefing: First-ever bitcoin ETF on NYSE; Elon Musk 'world's richest' again; FlySafair wants longer weekends
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News headlines:
* In a watershed moment for crypto, the first-ever bitcoin-linked ETF will start trading on the New York Stock Exchange today. The exchange-traded fund - launched by ProShares - will invest primarily in bitcoin futures contracts, rather than bitcoin itself.
* Tesla and SpaceX CEO Elon Musk regained the title of the world's richest person on Friday thanks to Tesla's soaring stock. Musk's net worth of $236 billion surpasses Amazon founder Jeff Bezos' fortune of $196 billion.
* Low-cost airline FlySafair wants the Public Holidays Act to change by moving midweek public holidays to Monday or Friday. According to the domestic airline, long weekends promote travel and this tweak could help the tourism sector’s recovery. Learn more about your ad choices. Visit megaphone.fm/adchoices
* In a watershed moment for crypto, the first-ever bitcoin-linked ETF will start trading on the New York Stock Exchange today. The exchange-traded fund - launched by ProShares - will invest primarily in bitcoin futures contracts, rather than bitcoin itself.
* Tesla and SpaceX CEO Elon Musk regained the title of the world's richest person on Friday thanks to Tesla's soaring stock. Musk's net worth of $236 billion surpasses Amazon founder Jeff Bezos' fortune of $196 billion.
* Low-cost airline FlySafair wants the Public Holidays Act to change by moving midweek public holidays to Monday or Friday. According to the domestic airline, long weekends promote travel and this tweak could help the tourism sector’s recovery. Learn more about your ad choices. Visit megaphone.fm/adchoices
