Grayscale Declares Distribution of Rights to Ethereum Proof-of-Work Tokens With SEC

A Securities and Exchange Commission filing filed on September 16 shows that the company Grayscale Investments has declared “distribution of rights to Ethereum Proof of Work Tokens.” The newly launched ETHW blockchain went live on September 15 and roughly 50-60 terahash per second (TH/s) of hashrate is dedicated to the new network. Grayscale notes that […]

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ETC Group Says It Will List an Exchange-Traded Product Based on Anticipated ETH Hard Fork

Digital asset-backed securities provider the Etc Group has said it will list an exchange-traded product (ETP) based on an anticipated hard fork of the Ethereum blockchain on September 15. Current holders of Etc Group’s ethereum ETP (ZETH) will be issued with “units of the new security free of charge on a 1:1 unit basis.” Ethereum […]

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ETC Group Releases Bitcoin Cash Report Praising High Usage and Vibrant Development

Bitcoin CashETC Group, an ETF issuer company, released a report last month about the evolution of Bitcoin Cash in the years after the hard fork that created it. While the company acknowledged the asset price is lagging compared to its older sibling, it praised the crypto on other aspects like development and actual usage. Bitcoin Cash […]

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ETC Group Lists Ether ETP on Deutsche Borse’s Xetra, Company’s Bitcoin ETP Now Has $1 Billion AUM

ETC Group Lists Ether ETP on Deutsche Borse's Xetra, Company's Bitcoin ETP Now Has $1 Billion AUMFinancial services company Etc Group on Tuesday launched its centrally-cleared ethereum exchange-traded product (ETP) on the Deutsche Borse’s Xetra marketplace. Etc Group Launches Ethereum Exchange-Traded Product The listing follows the success of the firm’s bitcoin ETP, which was launched on the same exchange in June 2020. That bitcoin exchange-traded product now has $1 billion assets […]

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Swiss Stock Exchange’s Crypto Trading Volume Soars — Hits Record $1.2 Billion

Swiss Stock Exchange's Crypto Trading Volume Soars — Hits Record $1.2 BillionSwitzerland’s principal stock exchange has revealed that its crypto trading volume hit a record high of CHF 1.1 billion ($1.23 billion) in 2020. The exchange now offers 34 exchange-traded products, allowing investors “access to 100 different crypto products trading on our platform,” said the exchange’s head of markets. Crypto Trading Volume on Switzerland’s Stock Exchange […]

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Regulated Bitcoin ETPs Skyrocket, Coinshares Cites ‘Unprecedented Interest from Institutional Investors’

Regulated Bitcoin ETPs Skyrocket, Coinshares Cites 'Unprecedented Interest from Institutional Investors'The Sweden-based XBT provider Coinshares saw roughly $202 million in XBT certificates swap hands on the market’s first day of trading in 2021. Meanwhile, on the same day, the bitcoin exchange-traded product BTCE saw $100 million in trade volume. Coinshares Group is a European firm dedicated to crypto-finance and exchange-traded products. The bitcoin exchange-traded note […]

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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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London’s ETC Group to List Centrally Cleared Bitcoin ETP on Deutsche Börse’s Xetra

A UK-based financial services company will list a centrally cleared bitcoin exchange-traded product (ETP) on Deutsche Börse’s Xetra electronic trading market later this month. In a statement released on June 9, Etc Group said the contract, known as Bitcoin Exchange Traded Crypto (BTCE), tracks the price of BTC and is 100% physically backed by the […]

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