On Monday, crypto trading was made available in Hong Kong via Interactive Brokers, an automated worldwide electronic broker. Bitcoin (BTC) and Ethereum (ETH) trading are now available to professional investors on the Interactive Brokers platform, according to a press release. In order to be considered a Professional Investor in the
Cryptocurrency commissions are a low 0.20% – 0.30% of trade value GREENWICH, Conn.–(BUSINESS WIRE)–Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, today announced its launch of cryptocurrency trading in Hong Kong, enabling Professional Investor clients of Interactive Brokers Hong Kong to trade Bitcoin (BTC) and Ethereum (ETH). Eligible clients
The protracted bear market in Bitcoin and other cryptocurrencies led to a dramatic decrease in the value of WisdomTree’s digital asset holdings in the fourth quarter of 2022. As of December 31, 2022, the total value of the cryptocurrency funds managed by WisdomTree was $136 million. Down from $163 million
Despite its widespread recognition as the pioneering NFT ETF, NFTZ has decided to close its doors. Defiance ETFs has said that as of February 28, they would “close and sell” its Defiance Digital Revolution ETF (NFTZ). Sylvia Jablonski, the co-founder of Defiance ETFs and Chief Investment Officer, predicted that NFTs
Osprey Funds, a digital asset manager, has sued Grayscale Investments, the operator of the biggest Bitcoin trust, in a U.S. court. Alleging that Grayscale Investments lied about the trust’s potential to convert into an exchange-traded fund (ETF). In court filings filed in Connecticut Superior Court. Osprey, which manages a competing
A Bitcoin spot ETF has been denied approval by the SEC yet again. ARK Invest, led by Cathie Wood, and 21Shares, a provider of cryptocurrency exchange-traded funds (ETFs), tried again with their strategy to launch the Bitcoin ETF, but were unsuccessful. The original filing date was May 13 of last
First-of-its-kind investable asset supports Public’s mission to make more asset classes available to more investors NEW YORK–(BUSINESS WIRE)–Public.com, an investing platform that lets members invest in stocks, ETFs, crypto, and alternative assets, debuts a first-of-its-kind alternative asset, The Rare Sneaker Portfolio. This asset bundles together 77 pairs of iconic and
USDC stablecoin issuer Circle claims the SEC’s inactivity caused it to be unable to go public. Via a $9 billion SPAC merger last year. In the wake of the FTX cryptocurrency exchange’s collapse last month. A planned merger between Circle and Concord Acquisition, a special-purpose acquisition firm established by former
Advisors allocated to crypto in client accounts near all-time high levels, while citing limited access and uncertainty as challenges, according to the fifth annual benchmark survey. SAN FRANCISCO–(BUSINESS WIRE)–Bitwise Asset Management, the world’s leading crypto index fund manager, and VettaFi, a leading data-driven ETF platform, today released the findings of
BETHESDA, Md.–(BUSINESS WIRE)–ProShares, a premier provider of ETFs, today announced that Annette Lege has joined the firm as Chief Financial Officer and a member of its management team. Ms. Lege comes to ProShares after a 24-year career at Invesco, where she was most recently chief accounting officer and head of
