Tag Archives: bitcoin etf

Recent job postings suggest that the leading digital asset manager could be planning to develop and launch a cryptocurrency exchange-traded fund (ETFs). Grayscale is looking for nine employees for roles focusing on various ETF-related endeavors. Founded in 2013, Grayscale is a crypto asset manager enabling institutions to receive exposure to numerous digital assets through its funds. The company could be considering developing and launching ETFs as well, at least according to nine key job...

Yet another Bitcoin ETF is to reach the markets in Canada as the country’s securities regulator has issued “a receipt for the final prospectus” for CI Global Asset Management’s application. Dubbed CI Galaxy Bitcoin ETF (BTCX), it’s expected to launch on the Toronto Stock Exchange (TSX) on March 9th, and Mike Novogratz’ Galaxy Digital Capital Management will act as the sub-advisor. Founded in 1965, CI Global Asset Management is an asset manager with over $180 billion in AUM as of January 2021....

Canada’s first bitcoin exchange-traded fund (ETF) was released to the public not too long ago. The idea of a bitcoin-based ETF had been in the back of investors’ minds for some time, and now that the product has been unveiled, it looks like many fantasies are becoming real, but is it possible that the product has already worn out its welcome? The First Bitcoin ETF Is Already Seeing Trading Dips According to new data, trading in the bitcoin-based ETF has already taken a...

Yet another attempt for a US-approved Bitcoin ETF is on the horizon coming from the Chicago Board Options Exchange (Cboe). The organization’s filing with the SEC aims to build on a previous S-1 filing initiated by VanEck. CryptoPotato reported in late 2020 that the US investment giant with about $50 billion in AUM, VanEck, has filed for its latest S-1 form with the SEC to establish a Bitcoin ETF called The VanEck Bitcoin Trust.  The company’s application indicated that the ETF’s shares would...

Recently, Live Bitcoin News reported that Canada had introduced the world to the first bitcoin-based exchange-traded fund (ETF). The product has only been around for a few days, and already it’s smashing records and has sold more than $165 million worth of shares through the Canadian stock exchange, otherwise known as the TSX.Canada’s ETF Is Making Headway for Other ProductsA bitcoin ETF has been the envy of every major crypto firm throughout the United States and North America over the past...

North America’s first Bitcoin exchange-traded fund (ETF) has seen impressive results on its first two days of trading, following its recent approval by Canada’s securities regulatory body.Purpose Bitcoin ETF started on a flying note shortly after it began trading on Thursday (Feb. 18, 2021) under the ticker symbol “BTCC” on the Toronto Stock Exchange (TSX).Following its TSX debut, the fund has already accumulated $421 million in assets within the first two days of trading.According to...

Not long ago, it was being discussed if 2021 would be the year in which a bitcoin-based exchange-traded fund (ETF) would finally be introduced. The product has experienced heavy delays and angry looks from organizations such as the Securities and Exchange Commission (SEC), which claims that bitcoin is too volatile and too vulnerable to fraud and other security issues to ever serve as the basis of an ETF.Canada Will Give the World Its First Bitcoin ETFNow, however, it looks like the way is...

Could 2021 finally bring a bitcoin exchange-traded fund (ETF) to life?Is a Bitcoin ETF Heading Our Way?For as long as bitcoin has existed, traders have been waiting with bated breath for a bitcoin ETF. This, in their minds, would bring the asset fully into mainstream territory, but unfortunately, its volatility has long gotten in the way and prevented the currency from attaining the attention it deserves. Several companies have tried and failed to establish a bitcoin ETF for traders to enjoy,...

While the US still fights the idea of an ETF tracking the performance of BTC, the Ontario Securities Commission (OSC) has approved an application from the financial services company Purpose Investments Inc. to launch such a product in several Canadian territories.The approval document reads that Purpose Investments filed the prospectus under Multilateral Instrument 11-102 Passport System for the following Canadian jurisdictions: British Columbia, Alberta, Saskatchewan, Manitoba, Quebec, New...

After several unsuccessful attempts to receive approval for a Bitcoin ETF, the US investment manager VanEck decided to try its hand with an exchange-traded fund that follows crypto companies.The firm has filed a document with the US Securities and Exchange Commission to release a Digital Asset ETF to track the price and performance of the Global Digital Asset Equity Index.VanEck Goes For A Crypto Companies’ ETFFounded over six decades ago, VanEck is a New York-headquartered investment manager...