Tag Archives: etf

Bitcoin ETFs Are So Passe: Bitwise Asset Management Wants the SEC to Approve a Multi Cryptocurrency ETF

Bitcoin ETFs Are So Passe: Bitwise Asset Management Wants the SEC to Approve a Multi Cryptocurrency ETF

On Tuesday (24 July 2018), San Francisco-based Bitwise Asset Management, a pioneer in the area of cryptoasset index funds, filed an application with the U.S. Securities and Exchange Commission (SEC) for approval of an Exchange-Traded Fund (ETF) that would track a basket of ten cryptocurrencies. The cryptoasset management firm, which was founded in 2017, currently has a “HOLD 10 Private Index Fund” (with an […]

US SEC Delays Decision on Direxion Bitcoin ETF Until September

US SEC Delays Decision on Direxion Bitcoin ETF Until September

Investment firm Direxion has had the review of its Bitcoin exchange-traded fund (ETF) application postponed until September 21. The news about the delay comes from an official document released by the U.S. Government Publishing Office July 24. An announcement from the U.S. Securities and Exchange Commission (SEC) said it was “appropriate” to delay its decision, which only affects […]

Bitcoin Breaks $8,000 as Selected Alts See Slight Recovery

Bitcoin Breaks $8,000 as Selected Alts See Slight Recovery

July 24: Bitcoin (BTC) broke through the $8,000 price point this morning, as the top cryptocurrency continues to outperform most other crypto assets, according to data from Coin360. In the days following the strong upswing that kicked off across the crypto market on July 16 and accelerated further on July 17, Bitcoin has sustained positive momentum while other alts slid into negative territory. […]

Bitcoin’s ETF could be the first case SEC approves; Coinbase secures $20 bl deal  Read more at http://globalcoinreport.com/bitcoin-etf-could-be-first-case-sec-approves-coinbase-secures-20-billion-deal

Bitcoin’s ETF could be the first case SEC approves; Coinbase secures $20 bl deal Read more at http://globalcoinreport.com/bitcoin-etf-could-be-first-case-sec-approves-coinbase-secures-20-billion-deal

Coinbase, which is one of the top exchanges in the world with a value of about $8 billion have achieved great feats. The company recently acquired a $20 billion prime client and got its ads back on Facebook(everyone has as Facebook resumed crypto ads). The crypto exchange put its intention to work on institutional money and as […]

Weekly Report: Bitcoin ETF, Blackrock Interest and Coinbase Listings

Weekly Report: Bitcoin ETF, Blackrock Interest and Coinbase Listings

Tune in for Weekly Market Updates from NKB Group. The NKB Group is a full-service investment banking platform focused on blockchain technology. The Bitcoin dominance increased from 42.7% to 45.6%, moving up due to Bitcoin’s increased trading activity and 19% price appreciation over the course of a week. The best performers among the top-40 crypto assets were Bitcoin Diamond (+117%), Stellar (+33%), […]

Bitcoin Above $7,000 as Positive Momentum Continues Following Yesterday’s Market Upswing

Bitcoin Above $7,000 as Positive Momentum Continues Following Yesterday’s Market Upswing

July 17: Crypto markets are largely continuing to build on a major upswing that kicked off yesterday, July 16, according to Coin360 data, with virtually all of the top ten coins by market cap in the green. Market visualization from Coin360 Ongoing positive momentum now looks set to reverse the major valuation losses incurred last week, which could now prove to have […]

FN: BlackRock Eyes Bitcoin Futures, Market Reacts to Increased Institutional Interest

FN: BlackRock Eyes Bitcoin Futures, Market Reacts to Increased Institutional Interest

The world’s largest exchange-traded fund (ETF) provider BlackRock announced the formation of a working group to assess potential involvement in Bitcoin (BTC), Financial News (FN) reportstoday, July 16. The move furthers a U-turn on BlackRock’s previously critical stance towards cryptocurrency.  Following in the footsteps of fellow giant Goldman Sachs, the cross-industry working group convened by BlackRock will among other things focus […]

Weekly Roundup: Bitcoin Surges, Europe’s Largest ETF Trader Enters Crypto, $12bn Bitmain Valuation

Weekly Roundup: Bitcoin Surges, Europe’s Largest ETF Trader Enters Crypto, $12bn Bitmain Valuation

The news this week was a notable improvement upon recent weeks, with several positive developments for the industry. With Bitcoin jumping significantly in price, Europe’s largest ETF trader moving into crypto markets and bitcoin mining giant Bitmain reportedly valued at $12 Billion. However, India’s Supreme Court moved forward with its crypto ban. Bitcoin Jumps 8% in […]

Cboe Prods SEC on Bitcoin ETF Approval in New Letter

Cboe Prods SEC on Bitcoin ETF Approval in New Letter

A senior executive for Cboe Global Markets believes that the market could support the launch of a bitcoin exchange-traded product (ETP), according to a new letter sent to the U.S. Securities and Exchange Commission. Chris Concannon, the firm’s president, didn’t directly push the agency to approve such a product. Rather, he cited data collected by the company […]

‘Secretive’ Wall Street Firm Includes Bitcoin In Its Traded Assets

‘Secretive’ Wall Street Firm Includes Bitcoin In Its Traded Assets

Trading firm Jane Street Capital, which reportedly trades an average of $13 bln daily in equities across the globe, has included Bitcoin (BTC) in its traded assets, Business Insider reported today, March 17. A statement from the company reads: “Jane Street trades over 56,000 products globally across a wide variety of asset classes, including Bitcoin.” Unnamed sources told Business Insider […]