Well-known crypto expert DonAlt has suggested an interesting theory. He predicts Bitcoin may skyrocket, pushing BTC/USD towards the powerful $60,000 mark. Always a strong Bitcoin advocate, DonAlt sees the currency making a “lightning” move. This could happen if and when a spot-based Bitcoin exchange-traded fund (ETF) gets the go-ahead. This idea has emerged amid a […]
Swiss investment banking company UBS Group AG has joined other banks, like HSBC Holdings Plc, in permitting Hong Kong-based clients to trade crypto-linked exchange-traded funds (ETFs). This decision aligns with Hong Kong’s efforts to become a hub for digital assets. Wealthy clients will be given access to three crypto-futures ETFs on UBS’s Hong Kong platform […]
Valkyrie Investments, a digital asset manager, has filed an updated prospectus for the spot Bitcoin exchange-traded fund (ETF) with the US Securities and Exchange Commission (SEC) on Oct. 30, according to the regulator’s database. The revised form S-1 registration statement for the Valkyrie Bitcoin Fund aims to provide investors an opportunity to invest in BTC-backed […]
Crypto investment products experienced a consecutive fourth week of inflows as the market is optimistic about the approval of spot Bitcoin Exchange-Traded Fund (ETF) in the United States. Asset management firm CoinShares’ October 23 fund flows report indicated that a total of $66 million poured into crypto asset investment products during the week ending Oct. […]
Grayscale Investments has reportedly made a second request for an exchange-traded fund (ETF) focused on Ethereum futures. This ETF aims to track the value of Ethereum Futures contracts. The investment firm had previously applied for an Ethereum futures ETF. However, there is a noticeable difference in how this application was filed. According to a recent […]
Ark Investment Management, in collaboration with 21Shares, has submitted a new filing with the US Securities and Exchange Commission (SEC) for the first-ever spot Ether (ETH) exchange-traded fund (ETF) in the US, Bloomberg reported on September 6. The move comes after the regulatory authority delayed its decision on various BTC ETF applications, including one offered […]