VanEck

Bitwise withdraws its application for a bitcoin futures ETF.

Source Node: https://chaintimes.com/bitwise-withdraws-its-application-for-a-bitcoin-futures-etf/
Time Stamp: November 12, 2021 6:59 AM - Modified On: November 12, 2021 - Published By:
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Cryptocurrency firm Bitwise has withdrawn its bitcoin futures ETF application, according to Bitwise CIO Matt Hougan, who announced on Twitter. However, the spot filing remains in play and competes with several other applications for the United States Securities and Exchange Commission’s (SEC) attention. Hougan explained the withdrawal, which on the whole comes down to spot ETFs being better for long-term investors and the costs associated with futures ETFs.  1/ Today, @BitwiseInvest withdrew its application to list a bitcoin *futures* ETF. (Our spot filing remains.) Thought I’d share our thinking. A

Tracking the movement of Bitcoin, Ethereum fund flows from 2020

Source Node: https://ambcrypto.com/tracking-the-movement-of-bitcoin-ethereum-fund-flows-from-2020/
Time Stamp: November 2, 2021 9:00 AM - Modified On: November 2, 2021 - Published By:
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Over the past couple of years, institutional involvement with major assets such as Bitcoin, Ethereum has been a common affair. However, it has been a difficult task to identify all sources of investments. In late 2020, Grayscale’s Bitcoin accumulation was considered the most influential institutional interest. However, it slowed down in 2021. And yet, capital continued to flow from accredited traders. In this article, we will be highlighting every fund which holds Bitcoin and Ethereum and how their activity has created an impact over a longer time period. The long

U.S. Banks Entering Cryptocurrency Adds Real Legitimacy To The Industry

Source Node: https://beincrypto.com/u-s-banks-entering-cryptocurrency-adds-real-legitimacy-to-the-industry/
Time Stamp: November 2, 2021 9:00 AM - Modified On: November 2, 2021 - Published By:
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The United States government is once again adding more legitimacy and credibility to the rapidly growing cryptocurrency industry. This is through clear regulations that will further incorporate the sector into the country’s financial system and economy. Sponsored Sponsored In an interview with Reuters, Jelena McWilliams, chair of the Federal Deposit Insurance Corp. (FDIC), said that banks must be allowed to hold crypto on their balance sheets, provide custodial accounts in digital assets and facilitate crypto trading for clients. Thus, demonstrating the rapid rise of digital assets this year. In addition to

Why investors are not entirely sold on investing in a Bitcoin futures ETF

Source Node: https://ambcrypto.com/why-investors-are-not-entirely-sold-on-investing-in-a-bitcoin-etf/
Time Stamp: October 17, 2021 7:30 PM - Modified On: October 17, 2021 - Published By:
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With two Bitcoin futures ETFs set to make market debut, let’s dive deep into the cost associated with owning these contracts. ProShares Bitcoin futures ETF is reportedly set to go live on 18 October, likely followed by Invesco’s ETF on the next day on 19 October.  We know that there are additional costs associated with an ETF. Apart from a brokerage commission, analysts are anticipating a higher expense ratio with these traded funds. As the filing by ProShares marks an annual operating expense of 0.95%, an investor will essentially spend

What to hope for if a Bitcoin ETF is a go

Source Node: https://ambcrypto.com/what-to-hope-for-if-a-bitcoin-etf-is-a-go/
Time Stamp: October 8, 2021 10:30 PM - Modified On: October 8, 2021 - Published By:
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The cryptocurrency and DeFi sector is still young, with much of the industry still waiting on regulatory clarity and guidance. In fact, this is a subject many proponents have commented on as well. WisdomTree CEO Jonathan Steinberg is the latest to do so, with the exec stressing on the requirements for “right regulations” in the sector in a recent interview. He said, “Some level of regulation necessary to mainstream this” While he is optimistic about the progress the industry is making with global regulators, the lack of one in the

Titan launches actively managed crypto portfolio for US investors

Source Node: https://cointelegraph.com/news/titan-launches-actively-managed-crypto-portfolio-for-us-investors
Time Stamp: August 11, 2021 12:30 PM - Modified On: August 11, 2021 - Published By:
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United States investment adviser Titan has officially launched its new cryptocurrency offering targeting U.S. investors, giving market participants additional avenues for accessing digital assets like Bitcoin (BTC) and Ether (ETH).The new product, dubbed Titan Crypto, seeks to invest in a concentrated basket of leading cryptocurrencies that can outperform over the long term, the company announced Wednesday. The portfolio will be actively managed by Titan’s dedicated crypto team and will be available to U.S. residents who reside outside of New York state.In July, Titan concluded a $58 million Series B financing

VanEck: Bitcoin Correlation to Gold Jumped in 2020 Amid Market Sell-off

Source Node: https://coinfomania.com/vaneck-bitcoin-correlation-to-gold-jumped-in-2020/?utm_source=rss&utm_medium=rss&utm_campaign=vaneck-bitcoin-correlation-to-gold-jumped-in-2020
Time Stamp: April 3, 2020 2:38 PM - Modified On: May 21, 2021 - Published By:
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New York-headquartered investment management firm, VanEck has revealed in a new report that Bitcoin’s correlation to gold has risen significantly in 2020, especially during the recent broad market sell-off caused by the COVID-19 pandemic. According to the report published by Gabor Gurbacs, a Digital Asset Strategist at VanEck, Bitcoin’s correlation to gold has surged since the turn of the year and especially in recent weeks, further strengthening the debate the cryptocurrency is maturing as a safe-haven asset. Source (VanEck report) While the rest of the equity markets dipped in the