Digital asset manager Bitwise has officially filed an application with the U.S. Securities and Exchange Commission (SEC) for an exchange-traded fund (ETF) based on its existing 10 Crypto Index Fund. The filing, submitted on Nov. 27, seeks approval for a new ETF created to provide investors with indirect exposure to
The victory of Donald Trump in the U.S. presidential election race has impacted the broader financial markets. Particularly, the cryptocurrency market and the related investment products. With Bitcoin (BTC) surging past $76K, the US spot Bitcoin ETFs have witnessed an escalation in trading volumes and inflows. Notably, BlackRock’s Bitcoin ETF,
Emory University recently reported a notable $15 million investment in the Grayscale Bitcoin Mini ETF, marking it as the first American university to publicly disclose Bitcoin holdings. According to filings with the U.S. Securities and Exchange Commission (SEC) dated October 25, Emory held 2,678,906 shares in the ETF, valued at
BlackRock, the world’s largest asset manager, has reached a remarkable milestone, now overseeing $11.5 trillion in assets under management. This marks the third consecutive quarter of record-breaking growth for the firm, solidifying its status as a leader in the financial industry. In the last quarter alone, BlackRock attracted $160 billion
The Thai Securities and Exchange Commission (SEC) has proposed updating investment regulations to allow mutual and private funds to invest in crypto assets. This comes as the country sees growing interest in cryptocurrency, especially with more institutional players getting involved. The draft proposal released by the Thai SEC on Oct
It’s been less than a year, and yet it’s hard to remember Bitcoin without a spot ETF. Just as Bitcoin before the advent of stablecoins, centralized exchanges, or block explorers, is hard to fathom now, the pre-ETF times feel dark and distant. Bitcoin didn’t need the SEC to rubber stamp
Franklin Templeton, a trillion-dollar asset management firm, submitted a proposal to the U.S. Securities and Exchange Commission (SEC) for a Bitcoin and Ethereum index exchange-traded fund (ETF). This fund, known as the Franklin Templeton Bitcoin & Ethereum Crypto Index ETF, aims to provide investors with a combined exposure to both
Bitcoin price movement has drawn significant attention from traders over the past month, with many anticipating a recovery. However, the cryptocurrency has struggled to break through the $60,000 resistance zone. Since the start of September, Bitcoin price fluctuations have remained between $55,500 to $58,000. In the past 24 hours, BTC
Jersey City Mayor Steven Fulop has announced a plan to allocate a portion of the city’s pension fund to Bitcoin exchange-traded funds (ETFs). This move revealed in a social media post on July 25, signals a significant shift in the city’s financial strategy for including cryptocurrencies. Currently, the Jersey City
Chinese capital Hong Kong announced the launch of a new ETF product on Monday. After its recent launch of spot Bitcoin and Ethereum ETFs, Hong Kong recently announced the launch of an inverse Bitcoin ETF. The capital, in the past few months, has been focusing on developing its cryptocurrency sector
