Number of financial planners investing in crypto increases by 50%
A survey published by Bitwise has found that nearly 10% of investment advisors have made client portfolio allocations into crypto assets. Go to Source Powered by WPeMatico
Bitwise
Auto Added by WPeMatico
‘Bitwise 10’ crypto index trades at 369% premium in record breaking debut
A top ten crypto index by Bitwise has outperformed the assets themselves as FOMO takes hold. Go to Source Powered by WPeMatico
Wisdomtree Files ETF With 5% Bitcoin Exposure Amid SEC Resistance
Wisdomtree has filed for a commodity fund with 5% exposure to bitcoin, in a fresh attempt to bring an exchange-traded fund (ETF) backed by the benchmark cryptocurrency to the market. According to a filing with the U.S. Securities and Exchange Commission (SEC), the fund is targeting to invest mainly in energy, industrial metals, precious metals, … Read more
Market Update: Traders ‘Buck the Trend’ Pushing Crypto Market Cap Above $200 Billion
Digital currency markets have been rising again as the entire market capitalization of all 5,000+ coins has jumped above the $200 billion mark. The increase in crypto trade volume and coin values has followed alongside the recovery traditional equity markets saw on Monday. On Tuesday, most of the digital assets in the top ten are … Read more
SEC to Boost Access to Crypto Investments With Proposed New Accredited Investor Definition
The U.S. Securities and Exchange Commission (SEC) has proposed amending the definition of “accredited investor” — a move that will increase access to regulated cryptocurrency investments. A number of them are currently only available to accredited investors. Among other changes, a person can qualify based on professional knowledge, experience, or certifications. Also read: Lagarde Sees … Read more
SEC Wants Second Look at Bitwise Bitcoin ETF Proposal
The U.S. Securities and Exchange Commission (SEC) is reviewing its order issued last week pertaining to a rejected proposal for a bitcoin exchange-traded fund (ETF). The proposal was filed by NYSE Arca for the Bitwise Bitcoin ETF Trust. Meanwhile, the SEC is also evaluating a proposed rule change for a different type of bitcoin ETF. … Read more
SEC Rejects Another High-Profile Bitcoin ETF Proposal
Another high-profile proposal for a bitcoin exchange-traded fund (ETF) has been denied by the U.S. Securities and Exchange Commission (SEC). The agency, however, emphasized that the disapproval was not based on whether bitcoin has utility or value as an innovation or an investment. Shares of the Bitwise Bitcoin ETF Trust were to be listed on … Read more
7 Crypto ETPs Now Trading on Main Swiss Stock Exchange
Switzerland’s principal stock exchange now has seven cryptocurrency exchange-traded products (ETPs) listed. They allow investors to either gain exposure to individual cryptocurrencies or invest in portfolios of top cryptocurrencies. Four ETPs track the prices of single cryptocurrencies. Also read: New Evidence Escalates Panic as RBI Still Limits Bank Withdrawals Crypto Index in Swiss Franc MV … Read more
Bitwise Tells SEC: ‘Bitcoin Now a Regulated Market of Significant Size’
Bitwise suggests that the fake trading volume issue is being acknowledged and successfully addressed Go to Source Powered by WPeMatico
Bitcoin ETF: How SEC Exemptions Help Firms Offer Interim Products
There are several exemptions the U.S. Securities and Exchange Commission (SEC) offers that allow companies to launch their bitcoin investment products without registration. While waiting for the SEC to approve their bitcoin ETF, some firms have taken advantage of these exemptions to offer an interim product. Also read: Indian Government’s New Report Views Crypto Positively … Read more