Tag: etfs

Bitcoin ETF Launch Hype Fades as Funds Slip in Value, BTC Futures Open Interest Down 38% in 2 Months

Bitcoin ETF Launch Hype Fades as Funds Slip in Value, BTC Futures Open Interest Down 38% in 2 Months

Following the charged-up debut of the Proshares bitcoin exchange-traded fund (ETF), Valkyrie’s bitcoin futures ETF and the Vaneck bitcoin strategy ETF, interest in these types of funds seems to have faded a great deal. After the Proshares bitcoin ETF BITO reached an all-time high on November 10, the ETF is down 39% over the last […]

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Sberbank Launches First Blockchain ETF in Russia

Sberbank Launches First Blockchain ETF in Russia

Russian banking giant Sberbank has presented the country’s first exchange-traded fund (ETF) giving investors access to the blockchain space. The new instrument holds securities of companies dealing with cryptocurrencies and the technologies that underpin them. Sberbank Introduces ETF Tracking Blockchain Economy Index The largest banking and financial services provider in Russia and the post-Soviet space, […]

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Valkyrie’s Bitcoin Strategy ETF Debut Listing Drops Over 4% — Proshares ETF Slides 3.5%

Valkyrie’s Bitcoin Strategy ETF Debut Listing Drops Over 4% — Proshares ETF Slides 3.5%

On Friday, the Valkyrie Bitcoin Strategy Exchange-Traded Fund (ETF) launched on Nasdaq under the ticker BTF and dropped in value not too long after the ETF first came out of the gate. The second bitcoin ETF to launch in the United States followed bitcoin’s spot price movements on Friday, as BTF started the day above […]

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New SEC Filings Give the Impression US Regulators Approved a Bitcoin Futures ETF

New SEC Filings Give the Impression US Regulators Approved a Bitcoin Futures ETF

The price of bitcoin jumped over 8% during the last 24 hours after a number of documents stemming from the U.S. Securities and Exchange Commission’s (SEC) web portal indicated that the Proshares Trust exchange-traded fund (ETF) could be listed as soon as next week. Proshares filed a post-effective amended prospectus on Friday that shows the […]

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Invesco and Galaxy Digital team up to develop crypto ETF suite

Invesco and Galaxy Digital team up to develop crypto ETF suite

Asset management giant Invesco has partnered with Mike Novogratz’s Galaxy Digital to develop a range of cryptocurrency-linked exchange-traded funds (ETFs). In a September 22 press statement, the companies said they aimed to develop “a comprehensive suite” of physically-backed digital asset ETFs. Notably, the plan is to have these products listed in the United States – […]

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Two issuers withdraw SEC submissions for an ETH ETF

Two issuers withdraw SEC submissions for an ETH ETF

Two issuers have withdrawn their submissions with the Securities and Exchange Commission (SEC) to create an Ether-based exchange-traded fund (ETF).  VanEck withdrew its submission for its Ethereum Strategy ETF today after beginning the approval process last May. At the time, it sought to create an investment vehicle giving investors exposure to ETH, priced via the […]

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$400 billion investment manager Neuberger Berman expands fund strategy to include bitcoin, ether exposure

$400 billion investment manager Neuberger Berman expands fund strategy to include bitcoin, ether exposure

A commodity-focused fund managed by Neuberger Berman, a multi-billion-dollar asset manager, has opened the door to exposure to bitcoin and ether derivatives and investment vehicles, according to a regulatory filing on Wednesday. Per the filing: “Neuberger Berman Commodity Strategy Fund’s (the “Fund”) investment strategy will permit actively managed exposure to cryptocurrency investments and digital assets […]

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A new crypto mining ETF gets launched on NYSE Arca

A new crypto mining ETF gets launched on NYSE Arca

Asset manager Viridi Funds has launched its first product: an exchange-traded fund (ETF) focused on the crypto mining sector. Dubbed the Viridi Cleaner Energy Crypto-Mining & Semiconductor ETF, the fund will invest in publicly traded crypto mining and infrastructure companies that are environmentally focused. The ETF is listed on the New York Stock Exchange’s (NYSE’s) […]

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