Tag: VanEck

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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Crypto Wealth Manager Vaneck Launches Polygon and Avalanche Investment Offerings

Crypto Wealth Manager Vaneck Launches Polygon and Avalanche Investment Offerings

The wealth manager Vaneck has announced it has expanded its exchange-traded note (ETN) offerings to support the tokens polygon and avalanche. The two ETNs follow five previously launched funds in Europe that allow investors to gain exposure to leading digital assets. Vaneck Adds Polygon and Avalanche to Its List of Cryptocurrency ETNs Vaneck has announced […]

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VanEck Adds Polygon and Avalanche to its ETN Offerings

The global investment manager – VanEck – expanded its cryptocurrency offerings by adding two new Exchange-Traded Notes (ETNs) tracking the performance of Avalanche and Polygon. The company has already launched such products on Bitcoin, Ethereum, Polkadot, Solana, and Tron. Avalanche And Polygon ETNs Joined The List The global investment management company – VanEck – disclosed […]

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SEC denies WisdomTree’s spot bitcoin ETF proposal

SEC denies WisdomTree’s spot bitcoin ETF proposal

The Securities and Exchange Commission has rejected WisdomTree’s proposal to list a bitcoin exchange-traded fund (ETF), making it the second rejection order to come down in this wave of applications for a spot-based bitcoin ETF. The Commission cited the lack of surveillance sharing agreements and the subsequent inability to curb fraudulent or manipulative practices in […]

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‘We’ll be back’: VanEck’s CEO says they will keep pushing for a spot bitcoin ETF

‘We’ll be back’: VanEck’s CEO says they will keep pushing for a spot bitcoin ETF

“We’ll be back.” This November, the U.S. Securities and Exchange Commission rejected a proposal to list a spot bitcoin exchange-traded fund (ETF) from VanEck, only to approve VanEck’s bitcoin futures-based fund a few days later. While VanEck may not have been able to launch a spot ETF at the time, the firm sees a silver […]

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Dex Aggregator 1inch Network Raises $175 Million in Series B Funding Round

Dex Aggregator 1inch Network Raises $175 Million in Series B Funding Round

1inch Network, the decentralized exchange (dex) aggregation project, has announced the company has raised $175 million in a Series B financing round. According to the announcement, the fresh new capital will be leveraged to scale the team, foster additional 1inch token utilities, and build new protocols. 1inch Raises $175 Million From Strategic Investors Over the […]

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VanEck’s bitcoin futures ETF to list tomorrow

VanEck’s bitcoin futures ETF to list tomorrow

VanEck’s bitcoin futures-based exchange traded fund (ETF) is slated to list tomorrow, according to an announcement from the firm.  The VanEck Bitcoin Strategy ETF will launch under the ticker XBTF on Cboe exchange. VanEck’s product is touted as the lowest-cost bitcoin-linked ETF, since its net expense ratio is lower than competitors. It’s also been structured […]

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SEC Will Rather Pass an Ethereum (ETH) Futures ETF Than a Spot Bitcoin (BTC) One, Here’s Why

The US SEC made its stance clear regarding spot market pegged crypto ETFs after it rejected the VanEck spot Bitcoin ETF proposal last week. Although the rejection didn’t come out of the blue as SEC chief Gary Gensler had made it clear earlier that the regulatory body thinks the crypto market is not mature enough […]

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VanEck To Launch Bitcoin Futures ETF Within The Week Here’s What To Expect

According to a notice issued by Chicago-based CBOE exchange, VanEck is ready to go live with its Bitcoin Strategy exchange-traded fund ETF on Tuesday, November 16, trading under the ticker symbol “XBTF.” The investment firm is coming with this announcement, after having its filing for spot BTC ETF approval with the SEC rejected just last […]

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SEC Rejects Vaneck Bitcoin Spot Market ETF Over Price Manipulation Concerns

SEC Rejects Vaneck Bitcoin Spot Market ETF Over Price Manipulation Concerns

On Friday, November 12, the U.S. Securities and Exchange Commission (SEC) rejected Vaneck’s bitcoin spot market exchange-traded fund (ETF). The U.S. regulator noted that the denial was due to the lack of prevention toward “fraudulent and manipulative acts and practices.” SEC Turns Down Spot Market ETF – US Regulator Believes There Should be More Manipulation […]

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