Category: ETF

Canadian Bitcoin ETFs quickly hit $1.3B in AUM while US acceptance lags

April 14, 2021

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In less than two months, one Canadian Bitcoin ETF attracted $1.1 billion in assets under management, while two more funds are also growing their AUMs. 14108 Total views 34 Total shares The Purpose Investments ETF, the first Bitcoin (BTC) exchange-traded fund to launch in North America, has seen its assets under management soar to $1.1 […]

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Galaxy Digital submits Bitcoin ETF application with SEC

April 12, 2021

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Mike Novogratz’s Galaxy Digital is the latest Bitcoin exchange-traded fund applicant in the United States. 4608 Total views 32 Total shares Galaxy Digital has submitted a Bitcoin (BTC) exchange-traded fund filing with the United States Securities and Exchange Commission. According to the form S-1 published by the SEC on Monday, the Galaxy Bitcoin ETF — […]

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Why’s Bitcoin stuck under $60,000? The gold market cap may hold the answer

April 9, 2021

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After rallying more than 100% in 2021, Bitcoin (BTC) seems to be struggling to turn the $60,000 level into support. After all, what is so special about this magic round number and its accompanying $1 trillion market capitalization? Gold’s $11 trillion market cap might hold the answer, as Bitcoin’s current trading volume and the amount […]

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Grayscale publishes roadmap for turning its products into crypto ETFs

April 5, 2021

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After several attempts in previous years, Grayscale has renewed its push to release a Bitcoin exchange-traded fund on American asset markets. According to a Monday roadmap, two of its funds, GBTC and ETHE, are on the short-list to become proper ETFs. However, the company has not indicated any concrete efforts, such as filing a new […]

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Brazilian Stock Exchange approves two new crypto ETFs in Latin America

March 19, 2021

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The Brazilian Stock Exchange (B3) approved the first crypto ETFs in Latin America and leading to a new milestone for the market. 46170 Total views 51 Total shares The Brazilian Securities and Exchange Commission, or CVM, approved two cryptocurrency ETFs this week — one 100% Bitcoin and the other composed of five cryptocurrencies, in addition […]

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Grayscale parent Digital Currency Group plans to buy $250M of its own GBTC shares

March 10, 2021

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In a further sign of a shake-up in the institutional market, DCG is eyeing the purchase along with hiring ETF specialists. 8072 Total views 24 Total shares Cryptocurrency asset manager Grayscale has a new buyer of shares in its Grayscale Bitcoin Trust (GBTC) — its owner. In a press release on March 10, Grayscale parent […]

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Galaxy Digital Bitcoin ETF to launch this week as exec eyes ‘compelling opportunities’

March 8, 2021

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The latest Bitcoin ETF to hit the market comes as the United States has yet to approve any homegrown competitors. 10368 Total views 50 Total shares Bitcoin (BTC) exchange-traded funds (ETFs) continue to multiply as a new entrant hits the Canadian market on March 9. In a press release on Monday, Galaxy Digital Capital Management, […]

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Grayscale’s Bitcoin premium has dropped to record lows below zero

February 27, 2021

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Grayscale Investments’ GBTC might be the absolute market leader but it is currently trading below fair value as the TSX Purpose Bitcoin ETF is seeing record inflows. 19195 Total views 35 Total shares Grayscale Bitcoin Trust ($GBTC) is currently the largest listed cryptocurrency asset with $30.17 billion in assets under management. The firm currently holds […]

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Australian regulators open to Bitcoin ETF with ‘rules in place’

February 12, 2021

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Securities regulators’ down under said that they are open to a Bitcoin ETF, so long as investors are protected by the proper rules. 12247 Total views 39 Total shares The Australian Securities and Investments Commission has clarified its position regarding Bitcoin (BTC)-linked exchange-traded funds.  According to a Feb. 12 report by the Australian Financial Review, […]

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VanEck files with SEC for ETF that tracks crypto companies’ performance

January 22, 2021

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VanEck has filed with the SEC to launch the Digital Assets ETF related to the performance of top cryptocurrency companies. 6794 Total views 41 Total shares VanEck, a major American investment management firm, is making another attempt to launch a digital asset-related exchange-traded fund, or ETF. According to a Jan. 21 filing with the United […]

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