Bitcoin Capital hopes to foster mass crypto adoption via its exchange-traded product
Bitcoin Capital allocates 83% to BTC, but only 1% to ETH Go to Source Powered by WPeMatico
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Grayscale’s Litecoin and Bitcoin Cash Trusts Trade for Tremendous Premiums
This week data from Arcane Research shows there’s been massive demand for Grayscale’s recently launched publicly traded crypto trusts. Following the trusts getting DTC eligibility last monday LTCN (litecoin) shares have been selling for a 753% premium while BCHG (bitcoin cash) shares have sold for a 351% premium. Grayscale Investments’ Litecoin Trust (LTCN) and Bitcoin … Read more
WisdomTree Tests SEC’s Bitcoin Acceptance Threshold With Latest ETF Filing
The SEC has rejected an ETF with only a 25% BTC component before, but how about just 5%? WisdomTree may be testing the agency’s limits. Go to Source Powered by WPeMatico
Bitcoin’s Rise Driven by Institutional Trading, Says Research and Investor Sentiment
The cryptocurrency bitcoin is trading at an all-time high relative to its social activity, explains the crypto research firm Tie. The analysts at Tie believe the ratio indicates that bitcoin is being driven by institutional trading. Meanwhile, statistics from Google Trends shows the terms “bitcoin” and “buy bitcoin” dropped from the 100 point highs to … Read more
Fund Manager Files for ETF Spanning Energy, Agriculture and Bitcoin Futures
A New York-based asset manager has filed for an ETF that will invest up to 5% of its capital into Bitcoin futures contracts despite focusing on energy, agriculture and metals. Go to Source Powered by WPeMatico
Investor Claims There’s No Way to Cash Out From Grayscale’s Bitcoin Trust
An investor raised a major criticism about the way in which the Grayscale Bitcoin Trust is set up. Go to Source Powered by WPeMatico
US Regulators Have Double Standards When It Comes to Bitcoin
VanEck’s Gabor Gurbacs said U.S. regulators have not treated Bitcoin fairly in their exchange-traded fund denials. Go to Source Powered by WPeMatico
Leading Australian Regulated Micro-Investing App Adds Bitcoin Option for Investors
Popular demand for cryptocurrency has prompted Australia’s leading micro-investing platform Raiz (formerly Acorns) to add a bitcoin investment option. Individual investors can round up their spare change and regularly invest in a bitcoin investment portfolio. Leading Australian Micro-Investing App Now Offers Bitcoin Exposure Australia’s leading micro-investing platform Raiz announced on Tuesday that it has launched … Read more
Grayscale Buys 33% of All Bitcoin Mined in Last Three Months
Grayscale Investments bought up to 33% of all newly minted bitcoin over the last three months, as the asset manager continues to stockpile major cryptocurrencies. The investment fund added 60,762 BTC to its Bitcoin Trust Fund between February 7 and May 17, a researcher posted on Reddit. That’s the equivalent of 607 BTC acquired by … Read more
Bitcoin Advocates Cry Foul as US Fed Buying ETFs for the First Time
Yet another unprecedented move from the U.S. central bank to shore up the fiat economy means that it is violating its own charter, critics warn. Go to Source Powered by WPeMatico