Valkyrie Funds to liquidate Bitcoin-related ETF by late October
Despite delisting VBB, Valkyrie still continues to manage the Bitcoin
Read MoreDespite delisting VBB, Valkyrie still continues to manage the Bitcoin
Read MoreWisdomTree had refiled for a spot bitcoin ETF after previously being denied. Source
Read MoreThe SEC must submit its brief by Nov. 9. After
Read MoreIn the brief, the attorneys argue that, because Bitcoin futures and spot Bitcoin both generate their price based on overlapping indices, the spot price of Bitcoin in both spot and futures ETFs are subject to the same risks – and therefore, approving one and denying another is unfair. Source
Read MoreInvestors never showed much demand for Valkyrie’s third ETF, where the largest positions are Tesla (TSLA) and MicroStrategy (MSTR), companies known for holding bitcoin on their balance sheets. Net assets under management are currently only about $570,000, a miniscule number for ETFs. Source
Read MoreSimilar to its December 2021 rejection of a WisdomTree spot
Read MoreBitwise Asset Management announced on Oct. 3 a new exchange-traded fund (ETF) to both institutional and retail investors, giving them access to companies "positioned to benefit" from Web3 growth. Bitwise in a statement said it marks "the next wave of the internet's development characterized by greater decentralization and individual ownership
Read MoreAccording to a recent filing, Blackrock, the multi-national investment company based in New York City and the world’s largest asset manager, has plans to create a new exchange-traded fund (ETF) based on metaverse companies. The fund — dubbed the Ishares Future Metaverse Tech and Communications ETF — will track metaverse
Read MoreBlackRock, the world’s largest asset manager, has just launched a new exchange-traded fund (ETF) providing European customers with exposure to the blockchain industry, while reports indicate a Metaverse-focused ETF may be on the way. The new blockchain ETF launched on Sept. 27 is called the iShares Blockchain Technology UCITS ETF (BLKC). BlackRock said 75% of
Read MoreWill Peck, the head of digital assets at exchange-traded fund provider WisdomTree said regulators in the United States will “ultimately get there” on approving a Bitcoin spot investment vehicle, but dealing with claims of market manipulation could be a challenge.Speaking to Cointelegraph at the Converge22 conference in San Francisco on
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