Category: ETF

Nasdaq was the obvious choice for our first ETF — Valkyrie Funds CEO

Valkyrie Bitcoin (BTC) futures-linked exchange-traded fund has now launched on the Nasdaq exchange, making it only the second ETF in the United States to be trading on the exchange. According to the Nasdaq, Valkyrie’s Bitcoin Strategy ETF, opened at a pool price of $25.52 per share before dropping 3.3% in the first hour to $24.66. […]

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VanEck looks to be second issuer to list a bitcoin futures-based ETF

VanEck looks to be second issuer to list a bitcoin futures-based ETF

VanEck will likely follow ProShares as the second issuer to list a bitcoin futures-based exchange-traded fund (ETF), according to a new filing with the Securities and Exchange Commission (SEC). The issuer filed a post-effective amendment today proposing to list its Bitcoin Strategy ETF on Cboe BZX Exchange with an effective registration date of October 23. […]

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Grayscale Confirms Plan to Convert GBTC Into Bitcoin ETF

Grayscale Confirms Plan to Convert GBTC Into Bitcoin ETF

Grayscale Investments has confirmed its plan to file for its bitcoin trust (GBTC) to be converted into a bitcoin exchange-traded fund (ETF). “The NYSE Arca will file a document called the 19b-4 to convert GBTC into an ETF,” said Grayscale’s official. GBTC to Become Bitcoin ETF Grayscale Investments has confirmed that it will convert its […]

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Pantera CEO Wants a Reminder the Day Before a US Bitcoin ETF Launches — ‘I Might Want to Take Some Chips off the Table’

Pantera CEO Wants a Reminder the Day Before a US Bitcoin ETF Launches — ‘I Might Want to Take Some Chips off the Table’

On October 6, Pantera Capital published an investor’s note written by Dan Morehead, the company’s CEO. Unlike the myriad of crypto investors who believe that a bitcoin exchange-traded fund (ETF) will send the crypto asset’s value to the moon, Morehead explains it could be a negative event and when it officially launches he said he […]

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Grayscale’s BCH, LTC, ETC Trusts Now One Step Closer to Becoming ETFs

Grayscale’s BCH, LTC, ETC Trusts Now One Step Closer to Becoming ETFs

On Friday, Grayscale Investments, the world’s largest digital currency asset manager in terms of assets under management (AUM), revealed that three trusts have been filed with the Securities and Exchange Commission (SEC) in order to become SEC reporting companies. The three trusts include individual crypto asset products such as the bitcoin cash trust, the litecoin […]

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$161.9 Billion AUM Asset Management Firm Launches Crypto Index Fund for US Investors

Victory Capital Holdings has announced the launch of its private crypto index fund, Victory Hashdex Nasdaq Crypto Index Fund LLC, in collaboration with renowned index provider Nasdaq and global crypto-focused asset manager Hashdex Ltd. (“Hashdex”). The private crypto fund is responsible for tracking the Nasdaq Crypto Index (NCI) and provide investors with broad-based exposure to […]

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Gensler sets SEC sights on DeFi, crypto lending and more in expansive speech on regulation

Gensler sets SEC sights on DeFi, crypto lending and more in expansive speech on regulation

Securities and Exchange Commission Gary Gensler said Tuesday during an event that “right now, we just don’t have enough investor protection in crypto.” “Frankly, at this time, it’s more like the Wild West,” Gensler continued. The statements, prepared ahead of time and made public by the SEC, represent perhaps Gensler’s most expansive comments to date […]

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Portfolio Strategist Expects Cardano to Become Mainstream Cryptocurrency Alongside Bitcoin and Ether

Portfolio Strategist Expects Cardano to Become Mainstream Cryptocurrency Alongside Bitcoin and Ether

A portfolio strategist for American financial services firm Morningstar says that cardano could become a mainstream cryptocurrency alongside bitcoin and ether, forming a “big three” of mainstream cryptocurrencies. Strategist Believes Cardano, Ether, Bitcoin Could Become Mainstream Cryptocurrencies Amy Arnott, a cryptocurrency-focused portfolio strategist at Morningstar, shared her views on crypto regulation, ether, and cardano in […]

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German Bank Comdirect Now Offers 11 Cryptocurrency ETPs in Savings Plan

German Bank Comdirect Now Offers 11 Cryptocurrency ETPs in Savings Plan

German bank Comdirect, with about three million customers, is now offering 11 cryptocurrency exchange-traded products (ETPs). “Comdirect has succeeded in significantly bridging crypto investments to retirement plans, something that our clients have longed for a while,” the bank said. German Bank Offering Crypto ETPs to Clients German direct bank Comdirect AG is now offering 11 […]

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