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Asset Manager Wilshire Phoenix Files to Launch New Bitcoin Investment Trust

Wilshire Phoenix, an asset manager which tried to launch a bitcoin exchange-traded fund (ETF) last year, has filed to launch a new Bitcoin Commodity Trust. According to a Securities and Exchange Commission (SEC) filing published Friday, the New York-based Wilshire Phoenix intends to offer bitcoin to certain investors through the new

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Grayscale’s Ethereum Trust Trading at Huge Premium, Shows YTD Returns of 679%

Data has shown that Grayscale’s Ethereum Trust is currently trading at a huge premium against ETH’s net asset value, indicating that there’s a fair amount of FOMO following it.While it’s still hard to determine whether the huge increase was caused by institutional or individual investments, traders should be careful when

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Kingdom Trust CEO Says Bitcoin Is Digital Manifestation of Austrian Economics

[sociallocker id="55298"] The chief executive of crypto-friendly $13 billion custodian Kingdom Trust, Ryan Radloff, sees Bitcoin (BTC) as a manifestation of Austrian economics.In an interview with Cryptox, Radloff said that he first encountered Bitcoin toward the end of 2011, adding that he began “hodling and accumulating shortly after.”Bitcoin as Austrian

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Not Your Tulip Trust? Message Calling Craig Wright ‘Fraud’ May Unlock the Case

Infamous cryptocurrency figure Craig Wright faces newfound legal challenges over more than 1 million Bitcoin (BTC) after addresses listed in the Tulip Trust were used to sign a message labeling him a fraud. Wright has long been a divisive figure within the cryptocurrency community, having made unverified claims of being

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