Grayscale urges SEC to approve all Bitcoin ETFs simultaneously
Grayscale’s ETF was previously knocked back by the SEC and it wants it and competing ETFs approved together so none have an advantage. Go to Source Powered by WPeMatico
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SEC has pushed investors into ‘toxic’ crypto products and FTX: Winklevoss
Gemini co-founder Cameron Winklevoss said the SEC’s refusal to approve a spot Bitcoin ETF has been a “complete and utter disaster for US investors.” Go to Source Powered by WPeMatico
$27 trillion AUM is perched over Bitcoin and crypto: CoinShares CSO
The top eight financial institutions with an interest in Bitcoin and crypto have a whopping $27 trillion in combined assets under management. Go to Source Powered by WPeMatico
Bitcoin ETF fever returns: ‘Biggest’ inflow to ProShares’ BITO in a year
ProShares’ BITO Bitcoin ETF saw a weekly inflow of $65 million as institutional investors have seemingly regained their mojo for Bitcoin futures. Go to Source Powered by WPeMatico
Institutions ‘extremely interested’ in crypto ETFs, but buying has cooled: Survey
Almost half of surveyed fund managers plan to “add” crypto ETFs to their portfolio in 2023, while only a quarter will be increasing digital asset exposures. Go to Source Powered by WPeMatico
Two crypto-related ETFs were the worst-performing in Australia for 2022
ETFs tracking crypto companies have seen significant drawdowns over the year as a result of major macroeconomic headwinds. Go to Source Powered by WPeMatico
Institutions ‘moving very, very fast’ into Crypto: Coinbase exec
D’Agostino also said the recent battles between the SEC and CFTC is a good thing for crypto because it indicates that it will be a “vitally important piece of market structure” moving forward. Go to Source Powered by WPeMatico
Fidelity Launches Ethereum Index Fund — Sees Client ‘Demand for Exposure to Digital Assets Beyond BTC’
A filing with the U.S. Securities and Exchange Commission has shown that Fidelity looks to launch an investment product known as the Fidelity Ethereum Index Fund on October 4, 2022. While the new fund is not an exchange-traded fund it is said to be structured as a “traditional limited partnership.” Traditional Limited Partnership According to … Read more
Grayscale’s GBTC Discount to NAV Breaks Records as Spread Widens by More Than 35%
Grayscale Investment’s Bitcoin Trust (GBTC) has dropped to a new low this week as the bitcoin fund tapped a record 35.18% low against bitcoin spot prices. GBTC’s discount to spot has been underwater for a total of 577 consecutive days. GBTC Discount to NAV Widens by 35% — Fund Reaches an All-Time Low Against BTC … Read more
What is a cryptocurrency ETF and how does it work?
A cryptocurrency exchange-traded fund (ETF) tracks the price of one or multiple digital tokens and consists of numerous cryptocurrencies. Go to Source Powered by WPeMatico
