Grayscale Investments, one of the largest digital currency assets managers in the world has announced the launch of its first Exchange Traded Fund (ETF) product in Europe. The new product is dubbed the Grayscale Future of Finance UCITS ETF and will trade under the GFOF ticker symbol. At launch, the GFOF will be listed on […]
Should crypto or specifically, a Bitcoin exchange-traded Fund (ETF) that tracks the spot price of the underlying assets be approved in the United States, a large number of asset managers and investment advisors say they will be willing to invest their client’s funds into it. This revelation was contained in a new survey report from […]
Huobi Tech, an asset management company based out of Hong Kong has filed an application to list a cryptocurrency-based Exchange Traded Fund (ETF) product for retail investors in the country. Per a South China Morning Post (SCMP) report, the crypto ETF product is in response to the new allowance unveiled by the Securities and Futures […]
Bloomberg’s famous exchange-traded fund (EFT) analysts, Eric Balchunas and James Seyffart said that if the United States Securities and Exchange Commission (SEC) implements a proposed rule change, it would act as a catalyst for the regulator approving a spot Bitcoin ETF in the coming year. Balchunas went on Twitter this Thursday to note that if […]
The United States Securities and Exchange Commission (U.S. SEC) has postponed a decision on Grayscale’s application for a Bitcoin ETF or exchange-traded fund yet again, expressing concern about market manipulation, liquidity, and transparency. The SEC voiced concerns about how the digital asset manager proposes to transform its Grayscale Bitcoin Trust (GBTC) into a spot ETF […]
The US Securities and Exchange Commission (SEC) has postponed its verdict on NYDIG’s spot Bitcoin ETF or exchange-traded fund, putting it off until March 16. The SEC concluded that it was “appropriate to designate a longer period within which to issue an order approving or disapproving” the ETF in a notice released on Tuesday. BTC’s price did […]
In its bid to offer a diversified crypto exposure to investors, New York-based asset manager, WisdomTree has announced on Friday, 3rd December, the creation of 4 cryptocurrency indices in the U.S and Europe. This move saw WisdomTree partnering with Gemini and OnRamp. The financial institution which boasts of more than $76 billion in assets under […]
Digital Currency Group (DCG), Grayscale’s parent company has successfully raised the sum of $700 million in a secondary share sale. According to the Wall Street Journal, the funding round attracted top investors including Softbank Group Corp’s Vision 2 Fund, Latin American Fund, GIC Capital, Ribbit Capital, and Alphabet Inc’s CapitalG. The share sale, in which […]
The Australian Securities and Investments Commission (ASIC) has issued rules for crypto investment products. The rules, which were issued in a statement today, clarify guidelines for businesses and individuals regarding their obligations when offering financial products that contain cryptocurrencies. This is particularly significant for cryptocurrencies, exchange-traded products (ETFs), and other investment services. The ASIC is […]
Volt Equity is next on the list for bringing its Bitcoin-linked exchange-traded funds (ETF) on the New York Stock Exchange (NYSE). The company is the latest to debut an ETF product on the exchange. Tad Park, the CEO of the company, informed that it has also decided to debut Crypto Industry Revolution and Tech ETF […]
Top crypto analysts are predicting that we will see a second futures-based Bitcoin exchange-traded fund (ETF) go live before the week runs out, even as the ProShares’ Bitcoin Strategy ETF will be launching later today. In the early hours of Tuesday October 19, renowned Bloomberg’s analyst Eric Balchunas predicted that Valkyrie’s own Bitcoin (BTC) futures-based […]
Crypto enthusiasts have been thrown into a frenzy ever since SEC tweeted and now they’re anticipating that the regulator could approve one bitcoin futures ETF at the very least, as early as next week. The Investor Education office of the U.S. Securities and Exchange Commission (SEC) caused a serious stir among bitcoin fans after posting […]
One of the biggest asset management giants, Invesco, has shaken hands with Galaxy Digital Holdings Ltd. Under the course of their partnerships, the two firms will launch two exchange-traded funds, popularly known as ETFs. According to the latest report, there will be two exchange-traded funds to be traded on the Cboe Global Markets: The Invesco […]
Eric Balchunas, the senior ETF analyst in Bloomberg, said in the comments of a Twitter post that there is a 75% possibility that the United States Bitcoin futures Exchange-Traded Fund (ETF) will get approved this month, in some form or the other. The analyst said this weekend that the BTC ETFs were “likely on schedule” […]
When comparing mutual funds and exchange-traded funds (ETFs), there are several key similarities and differences that investors should know before buying. But which is best for you, mutual funds or ETFs? Since each of these two investment security types has its advantages and disadvantages, some investors may choose to include both in their portfolio. Mutual […]
Morgan Stanley acquisition of E*Trade has caused a stir in the global investment community. E*Trade has been a leading online broker that has produced stellar results for the greater part of a decade. E*Trade financial group has been reported by sources to have about $360 Billion in assets. The deal which is estimated to be […]
China Securities Regulatory Commission (CSRC) received an application for listing an exchange-traded funds for blockchain-related stocks. Penghu Fund filed the application which CSRC has accepted. Shenzhen-based asset management firm Penghua Fund filed an application named Penghua Shenzhen Stocks Blockchain ETF to the financial watchdog of China CSRC, which was accepted on 24 December. The proposed […]
The bitcoin market isn’t yet mature enough to support an exchange-traded fund – ETF. So said the U.S. Securities and Exchange Commission (SEC) last week when it rejected Bitwise’s bitcoin ETF proposal in a mammoth 112-page order that included more than 500 footnotes. Legal experts said the decision suggests that a bitcoin ETF may still […]
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