Tag Archives: bitcoin etf

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...

Various analysts are warning traders that they shouldn’t expect a bitcoin exchange-traded fund (ETF) this year. Despite bitcoin doing better than ever – it’s now trading in the high $30,000 range – such a product is still likely to carry several red flags wherever it goes.A Bitcoin ETF May Not Happen This YearTodd Rosenbluth – head of ETF and mutual fund research at CFRA Research – explained in a recent interview that the Securities and Exchange Commission (SEC) is becoming even pickier when...

Following a couple of unsuccessful attempts, the New York City-based giant asset manager VanEck has filed another document with the SEC to launch a Bitcoin ETF. If successful, the VanEck Bitcoin Trust would reflect the performance of the MVIS CryptoCompare Bitcoin Benchmark Rate.VanEck Tries Again For A BTC ETFFounded in 1955, VanEck is a giant US investment firm with about $50 billion in assets under management as of 2019. The company has been actively involved with the cryptocurrency field...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 1041. Im heutigen Video geht’s um folgende Themen: DeFi bekommt synthetisierte Aktien, The Graph (GRT) klettert um 300 Prozent & SkyBridge Capital will Bitcoin-Fonds auflegen. [embedded content] 1.) DeFi bekommt synthetisierte Aktien – Amazon, Facebook, Google und Co. dezentral erhältlichhttps://cryptomonday.de/defi-bekommt-synthetisierte-aktien-amazon-facebook-google-und-co-dezentral-erhaeltlich/ 2.) Neues Projekt The Graph...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 976. Im heutigen Video geht’s um folgende Themen: Erster Bitcoin ETF erhält Zulassung, Rollenspiel treibt Litecoin (LTC)-Transaktionsvolumen nach oben & Dark Overlord verhaftet. [embedded content] 1.) Paukenschlag: Erster Bitcoin ETF erhält Zulassunghttps://www.btc-echo.de/paukenschlag-erster-bitcoin-etf-erhaelt-zulassung/ 2.) Rollenspiel treibt Litecoin (LTC)-Transaktionsvolumen nach...

The first-ever Bitcoin ETF will be launched on the Bermuda Stock Exchange (BSX) by Hashdex, a regulated Brazilian fund manager, and Nasdaq after garnering approval for the “Hashdex Nasdaq Crypto Index” four days ago.The news continues Bermuda’s legacy of being a crypto-friendly offshore international business and financial center.Three million Class E shares will be issued for trading and the exchange-traded fund is expected to go live by the end of 2020.Hashdex currently boasts $46.4 in...