Cryptocurrency Analysis and News Portal
The Securities and Futures Commission, or SFC, in Hong Kong is reviewing regulations surrounding virtual currency transactions, including whether individuals can invest in exchange-traded funds, or ETFs.According to a report by South China Morning News on Nov.3, the 2018 regulations limited transactions of cryptocurrencies via funds or trading platforms to professional investors
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In recent months, the Hong Kong Securities and Futures Commission (SFC) has received “a number” of requests from local companies that want to offer crypto-related exchange-traded funds (ETFs) to their private bank and professional clients, SFC’s Deputy Chief Executive Officer & Executive Director Julia Leung said. Original Source
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Fund managers appear to be scrambling to match demand from investors as major cryptocurrencies such as Bitcoin (BTC), and Ethereum (ETH) teeter around record price levels. According to a Bloomberg Terminal screenshot taken by Bloomberg Intelligence analyst James Seyffart, over 40 cryptocurrency exchange-traded funds, or ETFs, are now awaiting listing
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Bitcoin futures exchange-traded funds (ETFs) have arrived in the U.S. with the Securities and Exchange Commission (SEC) approving ProShares’ Bitcoin Strategy ETF (BITO), and a string of others is expected to follow.Should you buy any of these?As I’ve told subscribers to my Crypto Capitalist Letter, the short answer is no.Mark
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Bitcoin (BTC) investment vehicle the Grayscale Bitcoin Trust (GBTC) outperformed the newly launched exchange-traded funds (ETF) last week, data shows.Figures shared by Grayscale executives among others confirm that GBTC has quietly delivered better investor returns since Oct. 19.Grayscale “discount” hits one-month lowsWhile talk continues to revolve around Bitcoin futures ETFs
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Crypto lending firm BlockFi has formed a business with New York-based investment management company Neuberger Berman for the development and distribution of crypto products including exchange-traded funds.In an Oct. 25 announcement, BlockFi said the joint venture, BlockFi Nb, expects to “launch crypto asset management products, including ETFs and other traditional
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Investors pumped a record $1.47 billion of new money into digital asset investment products last week, fueled by a rally in cryptocurrencies and the launch of the first bitcoin futures exchange-traded fund, a report Monday by CoinShares showed.The increase in flows came as bitcoin (BTC), the world’s largest cryptocurrency by
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If BITO were to trade well above fair value during a hot trading day – say, the day of a long-anticipated premiere for an SEC-regulated bitcoin ETF – an AP could sell shares of the ETF “naked,” effectively short without borrowing (the minimum size the AP can create is 10,000
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A “physical” ETF, however, does not have the same problems as a futures-based solution. While crypto trading, custody and reporting is more expensive than traditional finance, a physical bitcoin ETF will not have the same drag as a futures-based ETF. We can certainly expect a physical bitcoin ETF to be
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Bitcoin (BTC) broke its all-time high price level following the launch of ProShares’ Bitcoin Strategy exchange-traded fund (ETF), BITO, on Tuesday, but JPMorgan Chase strategists believe the key driver behind the price jump is investor concern over inflation.The BITO launch, which saw the highest-ever first-day natural volume for an ETF,
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