ETC Group’s Bitcoin ETP Hits $49 Million Assets Under Management in Two Months

ETC Group's Bitcoin ETP Hits $49 Million Assets Under Management in Two MonthsEtc Group said Wednesday that its centrally cleared bitcoin exchange-traded product (ETP) has accumulated up to $49 million in assets under management since launch on June 18, 2020. The contract, known as Bitcoin Exchange Traded Crypto (BTCE), tracks the price of BTC and is 100% physically backed by the cryptocurrency. It started trading on Deutsche […]

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Switzerland Approves Bitcoin Banks – But With Strict Conditions Attached

Swiss crypto banksOne of the major problems for businesses in the cryptocurrency industry is finding a bank that agrees to work with them and connect them to the traditional fiat financial system. The financial regulator in Switzerland has just made this easier by licensing two companies to serve as tailored banks for the industry and further open […]

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The Daily: Wirex Adds Ethereum, Deutsche Börse Embraces Blockchain

The Tuesday edition of our daily roundup is jam-packed with tidbits, snippets, and other terms used to describe stories-in-brief that deserve telling. On this day, September 4, we bring you news of a major securities trading firm boarding the blockchain bandwagon, bitcoin ATMs proliferating in Europe, and Brave browser hitting another milestone. Also read: 21,000 […]

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This Week in Bitcoin: McAfee’s Bullish Prediction and a Guy Living in His Car

This Week in Bitcoin: Mcafee’s Bullish Prediction and a Guy Living in His CarThis week we learned that Deutsche Börse “Deep at Work” on Bitcoin and John McAfee predicted bulls’ billions will soon be pumped by institutional investors, despite the current cool market. These stories and many more were covered in this week’s daily editions of Bitcoin in Brief. And the most commented on story of the week talked […]

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Bitcoin in Brief Thursday: Main Street Adopts Bitcoin Ahead of Wall Street

Bitcoin in Brief Thursday: Main Street Adopts Bitcoin Ahead of Wall StreetIn today’s edition of Bitcoin in Brief we feature stories that show how fast and nimble banks that support cryptocurrency-based businesses are benefiting at the expense of the larger players that have yet to enter the market, how more financial institutions want to join and how crypto ventures are making it easier for them. Also […]

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