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About SPY

Smarty Pay is the next currency that launched on July 2021, by a team of developer that based in Indonesia. Smarty Pay (SPY) has a program to give benefit for the community through charity and by supporting Small and Medium Enterprises (SMEs), running on Binance Smart Chain technology, to connect between an offline-online transaction with retail systems (point of sales) that can be used globally.The retail transaction system (POS/point of sales) from Smarty Indonesia will be the main engine of the block hash for every transaction that will be converted to SPY, where each holder has the opportunity to do stacking, farming, exchange etc. to maximize their capitalization.Smarty Pay

Smarty Pay (SPY) is a cryptocurrency launched in 2021. SPY has a current supply of 0 with 0 in circulation. The last known price of SPY is 0.000273928932 USD and is 0.00001506348 over the last 24 hours. It is currently trading on active market(s) with $203.10 traded over the last 24 hours. More information can be found at https://spy-token.io/.

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Updated Jul 18, 2024 9:55 am
Smarty Pay
Mkt Cap $0
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MicroStrategy's Potential S&P 500 Listing Could Expand Bitcoin Exposure
MicroStrategy's Potential S&P 500 Listing Could Expand Bitcoin Exposure
According to Cointelegraph: The inclusion of MicroStrategy, the largest corporate holder of Bitcoin (BTC), in the S&P 500 index could expose millions of portfolios to Bitcoin indirectly. However, to achieve this milestone, the firm would need to fulfill strict eligibility criteria and secure a significant increase in its market capitalization. Largest publicly-listed companies in the U.S. by market cap: Source: Companies Market Cap. MicroStrategy recently moved up to the 535th position among the largest publicly-listed companies in the U.S., following an eight-day trading period that resulted in a 46% rally in its share price. To get listed on the S&P 500, which tracks the 500 largest U.S.-listed companies, the firm needs to meet several criteria, including a minimum market cap requirement, a positive sum of profits in the previous four quarters, and adequate public trading of its shares. Firms currently need a market cap of $15.8 billion to be eligible for listing. MicroStrategy's market cap is currently $12.1 billion. Inclusion in the S&P 500 could lead to Bitcoin exposure in almost every ETF portfolio, a positive outcome according to Joe Burnett, senior product marketing manager at Bitcoin financial services firm Unchained. The three largest ETFs (State Street’s SPY, BlackRock’s IVV, and Vanguard’s VOO) track the S&P 500, managing over $400 billion in assets each. Moreover, the firm has recently announced plans to transition from a business intelligence firm to a “Bitcoin development firm,” further solidifying its Crypto-oriented strategy.
Feb 16, 2024 12:41 pm
BlackRock and Invesco Enter Bitcoin ETF Space, Vanguard and State Street Stay Out
BlackRock and Invesco Enter Bitcoin ETF Space, Vanguard and State Street Stay Out
According to Blockworks, the world's largest asset manager, BlackRock, and Invesco, the fourth-largest ETF asset holder, are entering the bitcoin ETF space. BlackRock has nearly $2.6 trillion in assets under management in its US ETFs, while Invesco has $450 billion. Invesco partnered with crypto-focused Galaxy Digital in 2021 and filed its latest spot bitcoin ETF proposal in 2023. However, Vanguard, State Street, and Charles Schwab, which manage $2.3 trillion, $1.1 trillion, and $315 billion respectively, have chosen not to get involved in the bitcoin ETF race. A Vanguard spokesperson stated that the company believes the investment case for cryptocurrencies is weak and that they have no intent to offer a spot bitcoin ETF or any other crypto-related products. State Street Global Advisors, ranking third in US ETF assets under management, launched the industry's first ETF, the SPDR S&P 500 ETF (SPY), in 1993. Despite being known as an ETF pioneer, State Street has opted not to enter the spot bitcoin ETF race. A spokesperson said they continuously evaluate their lineup of ETFs but do not offer a crypto ETF at this time. Sumit Roy, a senior analyst for ETF.com, noted State Street's standing as the world's largest custodian and its build-out of digital asset-focused custody solutions. He suggested that the firm might be focusing on that part of the ecosystem rather than getting involved in the crowded spot bitcoin ETF race. Charles Schwab's asset management division has also not filed for a spot bitcoin ETF. David Botset, head of equity product management and innovation at Schwab Asset Management, said in January 2022 that the company was evaluating opportunities such as spot cryptocurrency or blockchain technologies in the form of an ETF. A Schwab spokesperson declined to comment on future crypto ETF plans. Roy believes that more creative funds adding other types of exposures on top of just bitcoin, such as a covered call bitcoin ETF, are likely to be seen in the future.
Jan 10, 2024 4:40 am

Frequently Asked Questions

  • What is the all-time high price of Smarty Pay (SPY)?

    The all-time high of SPY was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Smarty Pay (SPY) is 0. The current price of SPY is down 0% from its all-time high.

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  • How much Smarty Pay (SPY) is there in circulation?

    As of , there is currently 0 SPY in circulation. SPY has a maximum supply of 100.00M.

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  • What is the market cap of Smarty Pay (SPY)?

    The current market cap of SPY is 0. It is calculated by multiplying the current supply of SPY by its real-time market price of 0.000273928932.

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  • What is the all-time low price of Smarty Pay (SPY)?

    The all-time low of SPY was 0 , from which the coin is now up 0%. The all-time low price of Smarty Pay (SPY) is 0. The current price of SPY is up 0% from its all-time low.

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  • Is Smarty Pay (SPY) a good investment?

    Smarty Pay (SPY) has a market capitalization of $0 and is ranked #8524 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Smarty Pay (SPY) price trends and patterns to find the best time to purchase SPY.

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