Tagged: bitcoin etf

February 17, 2022 @ 8:52 am By Omar Faridi  |  

After making numerous unsuccessful attempts in the US to get a Bitcoin ETF that tracks BTC spot price, Fidelity, one of the world’s largest asset managers, has now introduced such products in Canada and European markets. On Tuesday (February 15, 2022), Fidelity introduced a European… Read More

January 24, 2022 @ 10:05 am By JD Alois  |  

The Securities and Exchange Commission (SEC) has once again denied an attempt to list a Bitcoin Exchange Traded Fund (ETF). In a filing last week, the SEC outlined its justification “disapproving a proposed rule change to list and trade shares of the First Trust SkyBridge… Read More

November 9, 2021 @ 1:39 pm By Tony Zerucha  |  

While Bitcoin’s recent price gains have some clear reasons behind them, some analysts believe it’s a troublesome development. Genesis head of market insights Noelle Acheson said the increased valuations are due to more than increased inflows, it’s also because of a combination of recent tailwinds too…. Read More

October 19, 2021 @ 9:54 am By JD Alois  |  

There has been a lot of discussion about the first Bitcoin ETF to trade on a US-based exchange. ProShares Bitcoin Strategy ETF (NYSE:BITO) commenced trading today and currently is trading slightly higher. But there has been a fair amount of criticism regarding this ETF because… Read More

October 5, 2021 @ 1:36 pm By JD Alois  |  

Recently, SEC Chairman Gary Gensler voiced his opinion that a Bitcoin ETF may provide sufficient investor protection for a fund to move forward with the regulatory process. More specifically, Gensler appeared to support Bitcoin Futures ETFs – and not spot-priced funds. Gensler has long stated… Read More

September 7, 2021 @ 11:57 pm By Omar Faridi  |  

We recently caught up with Haobo Ma, the CEO and Founder at blockchain platform aelf – which is powered by Cloud computing. Ma talked about his approach to cryptocurrency investments and how he got involved in the space back in 2010, which was when he… Read More

July 27, 2021 @ 7:34 am By Omar Faridi  |  

Giant Wall Street investment bank Goldman Sachs (NYSE:GS) has reportedly submitted an application with the US Securities and Exchange Commission (SEC) for an exchange-traded fund (ETF) that could provide exposure decentralized finance (DeFi) and blockchain initiatives to public firms. Although there are not too many… Read More

May 12, 2021 @ 9:37 pm By Omar Faridi  |  

Robo-advisor AQUMON has launched SmartGlobalX, which is described as a “smart” Bitcoin exchange-traded-fund (ETF) investment portfolio. It integrates SmartGlobal algorithms with a Bitcoin ETF in order to allow customers to invest in securitized digital assets, starting from as low as $1,000. AQUMON’s management noted that… Read More

April 5, 2021 @ 10:23 am By JD Alois  |  

Grayscale, a company that claims to be the world’s largest crypto asset manager, says it is “100% committed to converting GBTC” to an Exchange Traded Fund (ETF). GBTC trades on OTC Markets and allows retail investors to easily invest in Bitcoin via a traditional brokerage… Read More

March 22, 2021 @ 10:55 pm By Omar Faridi  |  

The researchers at Bloqport have confirmed that only a month after launch, the first-ever Bitcoin ETF has reached $1 billion CAD in assets under management or AUM (as of March 20, 2021). Just one month after launch, the first ever #Bitcoin ETF has hit $1… Read More

March 4, 2021 @ 6:51 pm By Omar Faridi  |  

The North American Purpose Bitcoin ETF, which was introduced last month, has reportedly seen huge demand, as over $165 million in trading volume was recorded (as of February 19, 2021). The new ETF is the first Bitcoin exchange-traded fund (ETF) in North America. It now… Read More

February 20, 2021 @ 11:21 am By Omar Faridi  |  

Zac Prince, CEO and Co-founder at BlockFi, a fast-growing digital assets platform, notes that with just two weeks in, the company’s Bitcoin trust is just ”a pinch” under the $100 million mark (in total BTC holdings). 2 weeks in, BlockFi’s Bitcoin trust is just a… Read More

February 15, 2021 @ 7:22 pm By Omar Faridi  |  

Researchers at Bloqport have confirmed that publicly-traded firms and fund managers now hold approximately $60 billion worth of Bitcoin (BTC), which is around 6% of the digital asset’s circulating supply. Publicly-traded companies and fund managers now hold around $60 billion worth of #Bitcoin, roughly 6%… Read More

October 18, 2019 @ 3:39 pm By Cali Haan  |  

The US Securities and Exchange Commission (SEC) has sent a letter to NYSE Arca stating it is reviewing its rejection of the company’s request to bring a Bitcoin “Bitwise” ETF to market. While the Commission reviews its decision, the rejection has been stayed. The letter… Read More

September 18, 2019 @ 8:25 pm By Cali Haan  |  

VanEck and SolidX have withdrawn their request to the SEC for a rule change that would have allowed the Cboe BZX Exchange to list retail shares issued by the VanEck SolidX Bitcoin Trust. The application for the rule change was first filed January 30th of this… Read More

February 8, 2019 @ 10:35 am By JD Alois  |  

Earlier this week, SEC Commissioner Robert Jackson spoke to Roll Call about the potential for Bitcoin or crypto-based Exchange Traded Funds (ETFs). Jackson said he is of the opinion that someone will eventually satisfy the standards the SEC have established. But he also added the caveat… Read More