Investing.com - Cryptocurrency prices were slightly down on Monday, as Bitcoin starts the week off at a two-day low, amid a lack of clear price triggers.
Bitcoin lost 0.69% to $3,870.00 as of 9:54 AM ET (13:54 GMT) on the Investing.com Index.
Cryptocurrencies overall were down at $133 billion at the time of writing, compared to $134 billion on Sunday.
Ethereum fell 1.8% to $132.86 and XRP rose 0.15% to $0.31064 while Litecoin was at $55.344, down 1.5%. .
Meanwhile, Invesco’s blockchain exchange traded fund has started trading on the London Stock Exchange. The ETF will invest in blockchain-related companies, including chip maker Taiwan Semiconductor Manufacturing, Intel (NASDAQ:INTC), and Apple (NASDAQ:AAPL).
The 48 firms were targeted using a scoring system by Elwood Asset Management. Not all of the companies support decentralized cryptocurrencies and the ETF is different from the Bitcoin ETF that crypto enthusiasts are hoping the SEC will approve in the U.S. soon.
“We are beginning to see the technology being used by financial services companies in particular, but we expect greater application of blockchain technology across a wide range of industries,” Elwood chief executive Bin Ren said in a press release.
In other news, a Republican member of the Texas House of Representatives wants to ban anonymous trading of digital currencies and require traders to identify themselves. Phil Stephenson’s bill would effectively ban the use of anonymous trading, as anyone accepting a crypto payment must verify the identity of the sender. Additionally, the bill would ban the state from using any currencies that are not verified identity digital currency.