Tag Archives: Bitcoin Futures

Investing giant Pimco is considering trading cryptocurrencies

Investing giant Pimco is considering trading cryptocurrencies

Pimco, a $2 trillion investment firm, could potentially begin trading spot cryptocurrencies, the firm’s chief investment officer Daniel Ivascyn confirmed to CNBC. The firm, which has engaged with the market via crypto-linked securities, is now looking at “trading certain cryptocurrencies as part of our trend-following strategies or quant-oriented strategies, then doing more work on the fundamental […]

ProShares Bitcoin Futures ETF to Start NYSE Trading on Tuesday

ProShares Bitcoin Futures ETF to Start NYSE Trading on Tuesday

The SEC gave the go-ahead for bitcoin futures ETFs at the end of last week. ProShares will launch a bitcoin futures exchange-traded fund (ETF) tomorrow, the company confirmed in an SEC filing on Monday. CoinDesk first reported on Friday that the ETF was scheduled to launch this week. The U.S. Securities and Exchange Commission (SEC) greenlighted bitcoin futures ETFs […]

Bank of America Approves Bitcoin Futures Trading for Some Clients: Sources

Bank of America Approves Bitcoin Futures Trading for Some Clients: Sources

Bank of America, the second-largest bank in the U.S., has approved the trading of bitcoin (BTC, 0%) futures for some clients, according to two people with knowledge of the matter who spoke on condition of anonymity. Like most institutions, the bank has been conservative in its approach to the crypto sector, but due to the large amount of […]

Bitcoin Futures OI sinks on BitMEX: and it’s a good sign

Bitcoin Futures OI sinks on BitMEX: and it’s a good sign

The recent losses were the aftermath of the US commodities and Futures Trading Commission [CFTC] coming down hard of BitMEX along with the expiry of futures contracts in the stock market. While Bitcoin was the only major currency to face the brunt of the news directly, altcoins soon followed given the correlation factor. However, as the Bitcoin and altcoin […]

Macro investor Paul Tudor Jones says he has between 1 and 2 percent of his assets in bitcoin

Macro investor Paul Tudor Jones says he has between 1 and 2 percent of his assets in bitcoin

Macro investor Paul Tudor Jones said that he has “a little over 1%” of his assets in bitcoin during a Monday morning appearance on CNBC. “Bitcoin, I think it’s great speculation. I’ve got a little over 1% of my assets in bitcoin, maybe it’s almost 2, that seems like the right number,” said the founder […]

Data Shows Bitcoin’s Progression From Retail To Institutional Asset

Data Shows Bitcoin’s Progression From Retail To Institutional Asset

As Bitcoin matures, a wider range of investors begins to consider the asset as an investment to add to their portfolios. New data shows exactly how Bitcoin is stepping out of the shadows of niche communities and has entered into the mainstream, attracting not only retail investors but a steady amount of institutional investors as well. Crypto […]

Bitcoin Futures Expiration, Soaring Open Interest Could Signal Major Move Ahead

Bitcoin Futures Expiration, Soaring Open Interest Could Signal Major Move Ahead

The institutional traders on CME Group’s Bitcoin futures trading desk and the retail traders and crypto whales trading on BitMEX often dominate the market and dictate where the market goes next. With Bitcoin futures contract expiry coming up this Friday, and with BitMEX open interest soaring to new highs every hour, an incredibly massive and volatile move […]

State Street: 38% of Clients Will Put More Money into Digital Assets in 2020

State Street: 38% of Clients Will Put More Money into Digital Assets in 2020

The majority of asset managers that bank with State Street are interested in digital assets such as bitcoin, but none have asked the global custodian to store them yet. “We’re talking to them less about ‘Can you custody this,’ and more about how we can work together to make sure these changes aren’t disruptive to […]