Tag Archives: VanEck

Metro Toronto Convention Centre Der Investmentfirma 3iQ aus Kanada ist es gelungen, den ersten öffentlich zugänglichen Bitcoin-Fonds an der Toronto Stock Exchange zu platzieren. Anleger können für 11 US-Dollar in den Fonds einsteigen. Auch die Gemini-Krypto-Exchange der Winklevoss-Zwillinge ist Teil des Bitcoin-Fonds. Sie nehmen die Funktion ein, die im Fonds verbrieften...

Normally, this ongoing drop in prices, which comes only a month after a 42% expansion in a day, pushed the bulls to their limit. An eminent Twitter trader, Bitlord, said he had left the Bitcoin business due to the ongoing tumult in the market, denoting an indication of capitulation.Over the past day, the Bitcoin bulls have finally been granted a reprieve, with the BTC going from a weekly minimum of $6,526 to $7,378.13, which represents a massive increase of more than 10%. With this reprieve...

Exactly nine months after opening its doors for business, DX.Exchange, a trading platform powered by Nasdaq, has thrown in the towel due to financial difficulties. Currently, the platform is looking for a buyer or better still a merger.The news was released via an announcement on Nov. 3, telling the world that the cost of operating the platform in the aspects of security, support and technology is too much to bear.Good Intention, Bad ExecutionThe original idea for DX.Exchange was to become a...

Photo: 3iQ Corp / Twitter3iQ Corp (3iQ), Canadian investment fund manager received approval from the Ontario Securities Commission (OSC) to launch a closed-end Bitcoin fund to retail investors. OSC panel has not placed any conditions on the Bitcoin fund, such as restricting the entities with whom the fund could purchase and sell Bitcoin, and addressing insurance requirements for the fund’s bitcoin held in wallets.3iQ has taken reasonable steps to mitigate the risks associated with the fund...

It looks like the love and hype surrounding a bitcoin exchange-traded fund (ETF) hasn’t dissipated completely. A gold fund company has gone crypto and is now developing a new bitcoin ETF that’s currency being reviewed by the Securities and Exchange Commission (SEC).Is Another Bitcoin ETF Heading Our Way?The company bringing the ETF proposal this time around is Kryptoin, a gold-based enterprise situated in Delaware. At the head of the operation is the Jason Toussaint, the former managing...

On Saturday we reported how, after PayPal Holdings Inc. abandoned Facebook’s association Libra, the other big payment giants followed its example.Mastercard, Visa, eBay, Stripe and Mercado Pago have also pulled out and it seems this could become pretty large obstacle to the development of this cryptocurrency.Director at VanEck Gabor Gurbacs said the companies that abandoned Libra Association were actually pressured into leaving.As per Gurbacs, there is growing concern for Facebook’s ability...

Well, here’s a real downer. If you had high hopes for the possibility of a bitcoin exchange-traded fund (ETF) finally getting approved this October, you can douse those hopes in gasoline and set them on fire. Why? Not because the Securities and Exchange Commission (SEC) has decided against it, not because of any delays, but because the instigators of the ETF proposal – CBOE, VanEck and Solid X – are withdrawing it on their own terms. VanEck Pulls Out, No Answer GivenWhat happened? Seriously,...

After months of regulatory scrutiny, VanEck-SolidX launched a limited version of its Bitcoin ETF last week. Not having the SEC approval to launch a full-fledged Bitcoin ETF, VanEck planned the limited ETF launch to prove that there’s actually some demand for this investment product in the market.However, it looks like VanEck hasn’t succeeded enough to make an impact in the market. Popular crypto analyst and commentator Alex Krüger recently released some data showing that the VanEck Limited...

VanEck's recently launched BItcoin Trust is a total flop, based on initial investment interest. | Source: ShutterstockFollowing the divisive launch of a so-called “Limited ETF” from the fund manager VanEck, the crypto-focused offering has fallen short of impressive, citing just a single issuance of the instrument with a total of 4 BTC under management…Statistics from VanEck as of 09/09/19, on “ETF” i.e VanEck SolidX Bitcoin Trust 144A Shares. | Source: VanEckThe data was relayed via crypto...

VanEck and SolidX are reportedly selling a “limited version” of a bitcoin ETF after every BTC ETF proposal has been rejected by the SEC. | Source: ShutterstockPrimarily targeting institutional investors, VanEck and SolidX are reportedly selling a “limited version” of a bitcoin exchange-traded fund (ETF) after every bitcoin ETF proposal has been rejected by the Securities and Exchange Commission (SEC) to date.According to the VanEck SolidX Bitcoin Trust 144A Shares proposal, qualified...