Crypto Wealth Manager Vaneck Launches Polygon and Avalanche Investment Offerings

The wealth manager Vaneck has announced it has expanded its exchange-traded note (ETN) offerings to support the tokens polygon and avalanche. The two ETNs follow five previously launched funds in Europe that allow investors to gain exposure to leading digital assets. Vaneck Adds Polygon and Avalanche to Its List of Cryptocurrency ETNs Vaneck has announced […]

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UK Bans Sale of Crypto Derivatives to Retail Investors, Says Move to Save $69 Million in Losses

UK Bans Sale of Crypto Derivatives to Retail Investors, Says Move to Save $69 Million in LossesThe U.K.’s Financial Conduct Authority (FCA) has banned the sale of cryptocurrency derivatives products to retail investors in a move that it says will save the targeted customers £53 million ($68.9 million) in losses each year. The ban comes into effect on January 6, 2021. In a statement on October 6, the regulator declared that […]

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How Have Bitcoin Futures Performed One Year On?

Cryptocurrency Exchange-Traded Product Live on Swiss Stock Exchange Next WeekThis time last year, the market was abuzz with excitement as CBOE’s XBT futures contracts and CME Group’s bitcoin derivatives products launched for the first time. There is no doubt that BTC futures trading has given some legitimacy to the asset class. Fast forward one year and there has been slow growth due to the […]

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SEC Suspends Trading of XBT Provider’s Bitcoin Exchange-Traded Product

SEC Suspends Trading of XBT Provider's Bitcoin Exchange-Traded ProductThe U.S. Securities and Exchange Commission has suspended the trading of two XBT Provider products: Bitcoin Tracker One and Ether Tracker One. The agency attributes “a lack of current, consistent and accurate information” which leads to “confusion amongst market participants” as the reason. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals SEC […]

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The Current Crypto-Bear Run Will be Nothing Like 2014

The Current Crypto-Bear Run Will be Nothing Like 2014Since the beginning of the new year, the past three months has seen most cryptocurrencies lose over 60 percent of their values. Bearish markets have started to spark 2014 memories when BTC/USD markets and many altcoins suffered from a year-long downturn. Surely there have been few similarities to the current 2018 bear run and the […]

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Secretive High-Tech Wall Street Trading Firm is Now Trading Bitcoin

Secretive High-Tech Wall Street Trading Firm is Now Trading BitcoinThis week Jane Street Capital a global proprietary trading firm has announced it has been trading BTC these days. Often referred to as one of Wall Street’s most secretive investment companies, Jane Street says if cryptocurrencies continue to rise they expect to be involved. Also read: Championing Decentralized Exchanges, Now Might Be the Perfect Time […]

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Coinshares Group Plans to Launch New Crypto-Investment Funds

Coinshares Group Plans to Launch New Crypto-Investment FundsThis week the firm Coinshares Group has announced two new investment vehicles tethered to cryptocurrencies. Coinshares was the first organization to launch publicly traded bitcoin and ethereum-based exchange-traded-notes (ETN), and the firm’s new funds will offer retail investors more “familiar channels” to invest in the growing digital asset economy. Also Read:Chinese Investors Continue to Obtain […]

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