Tag Archives: etf

SEC Further Delays WisdomTree Bitcoin ETF Decision

SEC Further Delays WisdomTree Bitcoin ETF Decision

The SEC instituted proceedings on whether to approve the WisdomTree bitcoin ETF application, effectively delaying any firm decision by a few months. The U.S. Securities and Exchange Commission (SEC) pushed a decision on WisdomTree’s bitcoin (BTC, +0.21%) exchange-traded fund (ETF) application to the autumn. In a Tuesday order launching proceedings on whether or not the agency should approve […]

First North American Bitcoin ETF Approved by Canadian Securities Regulator

First North American Bitcoin ETF Approved by Canadian Securities Regulator

The first publicly traded bitcoin exchange-traded fund (ETF) in North America has been given the go-ahead by Canada’s financial regulator. According to a decision document on Thursday, the receipt of approval from the Ontario Securities Commission (OSC) was filed under a Multilateral Instrument passport system in multiple Canadian jurisdictions. Those territories include British Columbia, Alberta, Saskatchewan, Manitoba, […]

Guggenheim Fund Files to Be Able to Invest Up to Almost $500M in Bitcoin Through GBTC

Guggenheim Fund Files to Be Able to Invest Up to Almost $500M in Bitcoin Through GBTC

Guggenheim Funds Trust filed an amendment with the U.S. Securities and Exchange Commission to allow its $5 billion Macro Opportunities Fund gain exposure to bitcoin by investing up to 10% of the fund’s net asset value in the Grayscale Bitcoin Trust (GBTC). According to the amendment: “The Guggenheim Macro Opportunities Fund may seek investment exposure […]

Gold Prices Slump As Pfizer Files For Covid19 Vaccine Approvals, Will Bitcoin [BTC] Follow?

Gold Prices Slump As Pfizer Files For Covid19 Vaccine Approvals, Will Bitcoin [BTC] Follow?

Pfizer Inc. the company which has claimed to develop a vaccine for the novel coronavirus with 95% accuracy revealed that they have passed the final safety tests and found no harmful side effects of the vaccine. They also revealed that they would be filing for an emergency authorization for distribution in the United States after […]

$50 Billion Asset Manager Makes ‘The Investment Case for Bitcoin’

$50 Billion Asset Manager Makes ‘The Investment Case for Bitcoin’

The future is looking bright for Bitcoin, according to ETF and mutual fund manager VanEck. The firm many believe in the best position to first launch a BTC exchange-traded fund explains its positive outlook for the leading cryptocurrency in a new report. The asset management firm defines Bitcoin as having monetary value, rather than intrinsic value. [VanEck] […]

SEC Restarts Clock on Proposed ‘Bitcoin and T-Bills’ ETF

SEC Restarts Clock on Proposed ‘Bitcoin and T-Bills’ ETF

The U.S. Securities and Exchange Commission (SEC) is again soliciting comments on a proposed exchange-traded fund (ETF) based around bitcoin and Treasury bonds. According to a public filing published Tuesday, investment management firm Wilshire Phoenix and NYSE Arca filed an amendment to their ETF proposal earlier this month to address issuance and redemption for the securities […]

The five most important dates for Bitcoin until 2020

The five most important dates for Bitcoin until 2020

The crypto industry is gearing up for an event-packed few months. From the resolution of the New York Attorney General’s injunction against Bitfinex and Tether to the final decisions of the long-awaited cryptocurrency ETFs, here’s a list of some of the most relevant dates in the crypto industry to keep an eye on. Aug. 22: New York Attorney General’s […]

Attendance is ‘Off the Charts’ at Bitcoin Education Events: TD Ameritrade VP

Attendance is ‘Off the Charts’ at Bitcoin Education Events: TD Ameritrade VP

Steven Quirk, the Executive VP of Trading and Education at TD Ameritrade, an Omaha, Nebraska-based broker that manages one of the world’s largest online trading platforms, has revealed that institutional interest in cryptoassets has increased significantly. “When You Open The Door,” A Lot Of People Will Want To Trade Crypto Quirk argued that recent fluctuations […]

Bitcoin Cash [BCH] Gains 24% Over The Weekend; Bottom on BCH Called By Leading Analyst

Bitcoin Cash [BCH] Gains 24% Over The Weekend; Bottom on BCH Called By Leading Analyst

Bitcoin Cash (BCH), the instantaneous low-cost fork of Bitcoin has gained 24% in value over the weekend and 6% on the daily index. While Bitcoin has been unable to break past the $4100, the alternative Hard Fork seems to be gaining traction. The 24-hour trading volume on BCH also exceeded 500 million dollars in the past […]

A Blockchain ETF Is Launching on the London Stock Exchange Today

A Blockchain ETF Is Launching on the London Stock Exchange Today

Investment management company Invesco is launching a blockchain exchange-traded fund (ETF) on the London Stock Exchange today. For the effort, Invesco has partnered with London-based Elwood Asset Management, an investment firm specializing in digital assets, to launch the product called the “Invesco Elwood Global Blockchain UCITS ETF.” Elwood announced the news Monday, saying the ETF is designed […]