Cryptocurrency Analysis and News Portal
After almost two years, Bitwise Asset Management has once again applied with the United States Securities and Exchange Commission to create a Bitcoin exchange-traded fund (ETF). In a Thursday Twitter announcement from Bitwise chief investment officer Matt Hougan, the investment firm will be pursuing a Bitcoin (BTC) ETF with NYSE Arca
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Referring to the Chicago Mercantile Exchange, Hougan tweeted that “The CME is now the leading source of price discovery in the bitcoin market! That’s compared to Coinbase, Kraken, Binance, Huobi, BitMEX and even FTX. Prices statistically move first on the CME. The market has matured.” Source
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With crypto funds and indexes coming mainstream, the Bitwise options for the Aave and Uniswap are likely to see increased embrace from investors across the board. Digital currency asset manager, Bitwise has launched independent Crypto Funds for decentralized finance (DeFi) tokens, Aave (AAVE), and Uniswap (UNI). The new funds, which complements
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Bitwise, a leading cryptocurrency fund manager, reported another major milestone on Tuesday as the assets under management for its digital asset funds crossed $1 billion for the first time. The Bitwise 10 Crypto Index Fund, which provides diversified exposure to Bitcoin (BTC) and other leading cryptocurrencies, accounts for over 90% of
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Bitwise Asset Management, a provider of cryptocurrency index funds, is seeking regulatory approval that would enable it to publicly trade shares of its bitcoin fund on an over-the-counter (OTC) marketplace.According to a press release issued Tuesday, the company has filed a 211 form with the U.S.’s Financial Industry Regulatory Authority
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Bitso raised $62 million to expand its Latin American footprint. One of the world’s oldest banks will issue a euro stablecoin on the Stellar blockchain. Elliptic, a blockchain analytics firm, found 13% of the proceeds from crime involving bitcoin travel through “privacy wallets.”Top shelfCornered market?Latin American crypto exchange Bitso has
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Bitcoin was lower, pausing a powerful rally that has seen the largest cryptocurrency jump 25% in October to the highest levels since June 2019. Traditional financial-media outlets like Bloomberg News were writing about it. Prices appeared to hit resistance just below $13,900, close to last year’s high. But analysts said that if the
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Cryptocurrency-focused money manager sees inflows from hedge funds, financial advisors and family wealth-management offices. Source
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Accredited investors worried about out-of-control inflation have poured millions into Bitwise’s bitcoin fund as a means to preserve the value of their portfolios. An amended filing with the Securities and Exchange Commission (SEC) last week showed the asset manager had raised, in total, just under $8.9 million for
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Bitcoin has traded in an ever-tightening range for two months, and digital-market analysts say a new wave of coronavirus cases and emergency measures could provoke the largest cryptocurrency by market cap out of the doldrums. The backdrop is an anemic economy, with the International Monetary Fund projecting last week that global output will shrink 4.9%
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