Tag: ETF

ETF provider WisdomTree launches Solana, Cardano, Polkadot ETPs

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The American exchange-traded fund (ETF) provider WisdomTree continues expanding its cryptocurrency products in Europe by launching three new crypto exchange-traded products (ETP) backed by Solana (SOL), Cardano (ADA) and Polkadot (DOT). WisdomTree announced Tuesday the launch of three new physically-backed crypto ETPs, including WisdomTree Solana (SOLW), WisdomTree Cardano (ADAW) and WisdomTree Polkadot (DOTW). The ETPs are already listed on major European digital exchanges like Deutsche Boerseโ€™s Xetra, the Swiss SIX exchange and the Swiss Stock Exchange. The pan-European exchange Euronext is expected to list the crypto ETPs in Amsterdam and…

Grayscale gears up for legal battle with SEC over Bitcoin ETF

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Grayscale CEO Michael Sonnenshein said the firm is gearing up for a legal fight if Grayscaleโ€™s Bitcoin Spot ETF product is denied by the United States Securities and Exchange Commission (SEC). In an interview with Bloomberg on Tuesday, March 29, Sonnenshein was asked if he would consider the Administrative Procedure Act (APA) lawsuit option if the application for its Bitcoin Spot ETF was denied by the financial regulator. โ€œI think all options are on the table,โ€ he responded, highlighting the importance of continuing to advocate for investors. The next decision…

US Fintech Firm Acorns Adds Crypto Exposure Investing via Proshares Bitcoin ETF โ€“ Bitcoin News

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The American financial technology (fintech) firm Acorns has announced customers now have the option to add bitcoin exposure via the Proshares Bitcoin Strategy ETF (BITO). Acornsโ€™ clients can now allocate up to 5% of their funds into BITO. Acorns Customers Can Add Bitcoin Exposure to Their Portfolios U.S. fintech company Acorns detailed on Tuesday that it has seen increased demand for cryptocurrency investments. The Irvine, California-based company specializes in micro-investing and robo-investing. Acorns was launched ten years ago by the father and son team Walter Wemple Cruttenden III and Jeffrey…

Hashdex to launch Web3 and smart contracts ETF on Brazil’s stock exchange B3

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Hashdex, a global crypto-focused asset manager, has revealed the launch of its Web3 Exchange Traded Fund (ETF) with a new announcement. As per a report by Cointelegraph Brazil, the new ETF will be available on B3, Brazil’s main stock exchange, and will give investors a secure and diversified way to invest in Web3 and its underlying smart contract platforms. The new ETF’s reserve period started Monday, March 14, 2022, and runs until Friday, March 25, 2022. Hashdex’s co-founder and CEO Marcelo Sampaio said the company believes that Web3 represents the…

Pros and Cons of Bitcoin – Is Bitcoin a good investment in 2021?

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io #Bitcoin #BTC #Cryptocurrency Hi, this is the second video of my little mini-series about Bitcoin. It was interesting but challenging to get into the topic as there are so many opinions, but few “fundamentals”. Thus, I decided just to post 2 videos about this topic, so I will share my point of view on Bitcoin in this video. After that, we will go back to my “home turf” of stock/company analyzes. See you in the comments. ๐Ÿ™‚ *********************** Timeline: 00:00 Intro 02:17…

SEC rejects spot Bitcoin ETF applications from NYDIG and Global X

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The United States Securities and Exchange Commission, or SEC, has disapproved spot Bitcoin exchange-traded fund applications from the New York Digital Investment Group and fund manager Global X after deferring on a decision several times in the last year. According to two separate Thursday filings, the SEC rejected proposed rule changes from the Cboe BZX Exchange and New York Stock Exchangeโ€™s Arca to list and trade shares of the Global X Bitcoin Trust and New York Digital Investment Groupโ€™s Bitcoin exchange-traded fund, or ETF, respectively. The SEC said that NYSE…

VanEck Launches Crypto Mining ETF

The largest weighting is Riot Blockchain (RIOT) at about 11%, followed by Hut 8 Mining (HUT) at 9.1%, Marathon Digital (MARA) at 8.3%, Iris Energy (IREN) at 7% and Canaan (CAN) at 6.5%. Rounding out the top 10 holdings are Hive Blockchain (HIVE) at 6.3%, Northern Data (NB2.GR) at 5.8%, Block (SQ) at 5.7%, Bitfarms (BITF) at 5.6%, and lender Silvergate Capital (SI) at 4.8%. Source