Grayscale Investments Submits Revised Application for Spot Ethereum ETF

Grayscale Investments’ Chief Legal Officer announced that the firm has submitted a revised Form 19b-4 for spot Ether exchange-traded funds. The officer, Craig Salm, stated that investors are seeking access to ethereum via a spot Ethereum ETF. Listing on the NYSE Grayscale Investments, a digital asset management firm, recently submitted an amended Form 19b-4 filing […]

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$200B Financial Group Cetera Approves 4 Spot Bitcoin ETFs on Its Platform

$200B Financial Group Cetera Approves 4 Spot Bitcoin ETFs for Use on Its PlatformCetera Financial Group, a platform with $475 billion in assets under administration and $190 billion in assets under management, has approved four U.S. spot bitcoin exchange-traded funds (ETFs) for use in brokerage accounts on its platform. “We are prudently embracing bitcoin ETFs and we prioritized developing this important guidance to help our financial professionals implement […]

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‘Not a Store of Value’ — Vanguard CEO Labels Bitcoin Too Speculative for Long-Term Portfolios

‘Not a Store of Value’ — Vanguard CEO Labels Bitcoin Too Speculative for Long-Term PortfoliosAfter the U.S. investment advisor Vanguard chose not to offer spot bitcoin exchange-traded funds (ETFs), its CEO Tim Buckley, in a recent discussion, described bitcoin as a speculative asset, unfit for inclusion in long-term investment portfolios. Vanguard’s CEO Confirms: No Change in Bitcoin ETF Policy, Cites Speculation Concerns Reaffirming Vanguard’s perspective on bitcoin during a […]

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Cleartoken Secures $10M in Funding to Pioneer UK’s First Digital Asset Clearing House

Cleartoken Secures $10M in Funding to Pioneer UK's First Digital Asset Clearing HouseOn Monday, the crypto clearing house startup Cleartoken revealed that it raised $10 million from strategic investors including Nomura’s Laser Digital, Flow Traders, and LMAX Digital. Cleartoken Nets $10M to Launch U.K. Digital Asset Clearing Services The horizontal clearing house for the digital asset market, Cleartoken, revealed that it’s raised $10 million in order to […]

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Coinbase Aims to Raise $1 Billion Through Convertible Bond Sale as Shares Spike

Coinbase Aims to Raise $1 Billion Through Convertible Bond Sale as Shares SpikeCoinbase Global, Inc. has unveiled its strategy to generate $1 billion through the issuance of convertible bonds set to mature in 2030. This plan includes a provision for initial buyers to acquire an extra $150 million to address any over-allotments. Coinbase revealed that the proceeds would be allocated for “working capital and capital expenditures.” Coinbase […]

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Crypto Attorney Jake Chervinsky Explains the Bear Case for a Spot Ether ETF Approval in May

Crypto Attorney Jake Chervinsky Explains the Bear Case for a Spot Ether ETF Approval in MayJake Chervinsky, CLO of Variant, a crypto-focused venture capital firm, explained that he was pessimistic about U.S. regulators approving a spot ether ETF this May. Chervinsky stated that the SEC’s combative attitude, willingness to go to court to fight this kind of approval, and lack of details on the initiative, signaled a bad outcome for […]

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London Stock Exchange Embraces Digital Assets by Accepting Crypto ETN Applications

London Stock Exchange Embraces Digital Assets by Accepting Crypto ETN ApplicationsIn a pivotal announcement, the London Stock Exchange (LSE) has shared its plans to accept bitcoin and ethereum exchange-traded note (ETN) applications, signaling a significant shift toward incorporating digital currencies into mainstream financial markets. LSE Announces Acceptance of Crypto ETNs The launch of bitcoin (BTC) and ethereum (ETH) ETNs on the LSE platform marks a […]

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Blackrock Explores Bitcoin ETP Investments for Global Allocation Fund

Blackrock Explores Bitcoin ETP Investments for Global Allocation FundIn a significant development, Blackrock, the world’s largest asset manager, has amended its prospectus for the Blackrock Global Allocation Fund to potentially include investments in bitcoin exchange-traded products (ETPs). This move, filed with the U.S. Securities and Exchange Commission (SEC), signals a new avenue for traditional investors to gain exposure to the digital asset market. […]

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Australian Crypto Love: Value of Digital Assets Held in Super Funds Surges Past $650 Million

Australian Crypto Love: Value of Digital Assets Held in Super Funds Surges Past $650 MillionIn just three years, Australian self-managed super funds saw the value of their respective crypto asset holdings rise from just over $159 million to over $650 million. According to an executive with a local crypto exchange, many Australians are seeking to “allocate at least a percentage of their retirement funds to cryptocurrencies.” Crypto Assets Held […]

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Mogo Takes a Further Leap Into BTC, Eyes Long-Term Gains With $5M Bitcoin Reserve Investment

Mogo Takes a Further Leap Into BTC, Eyes Long-Term Gains With $5M Bitcoin Reserve InvestmentIn a statement released on March 7, the Canadian fintech entity Mogo disclosed its strategy to diversify its portfolio by investing in bitcoin and bitcoin exchange-traded funds (ETFs), earmarking an initial outlay of as much as $5 million. Canadian Fintech Mogo Dives Deeper Into Bitcoin The publicly traded Canadian enterprise Mogo (Nasdaq: MOGO) (TSX: MOGO) […]

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