Investment Giant Vanguard Blocks Clients From Buying Bitcoin ETFs
Vanguard, one of the largest asset managers in the world, will not be allowing customers to buy the newly approved Bitcoin ETFs. Vanguard has no plans to add new products to its brokerage platform since they don’t align with its current offerings, according to a Wall Street Journal report dated January 11. Vanguard quote: “Our […]
Crypto Firm CoinShares Exercises Option to Buy Valkyrie Funds
CoinShares exercised an option to buy an exchange-traded funds business from rival Valkyrie Investments, two days after US regulators gave their first blessing to ETFs investing directly in Bitcoin. According to a press release dated January 12, CoinShares has purchased Valkyrie Funds, an American investment firm that manages digital assets. The statement said the purchase […]
Robinhood Lists All Spot Bitcoin ETFs for Trading
The U.S. Securities and Exchange Commission (SEC)-approved 11 spot Bitcoin (BTC) exchange-traded funds (ETFs) have been added by online broker Robinhood. The company states you can now trade any approved exchange-traded fund on the platform. An additional perk the site provides is a 1% incentive for users who move their brokerage account to Robinhood. Vlad […]
Blackrock Slashes Byju’s Stake Value by 90% amid Edtech Startup’s Woes
BlackRock, one of the major investors in Byju’s, has cut the value of its holding in the Indian edtech startup by over 90%, reflecting the loss of confidence in Byju’s by its investors. BlackRock, the US asset manager and one of the major investors in Byju’s, has slashed the value of its holding in the […]
Circle Registers for US IPO
Following the collapse of a SPAC agreement with Concord Acquisition in late 2022, the USDC issuer Circle is attempting to go public once more. The US Securities and Exchange Commission (SEC) received a confidential S-1 form from stablecoin operator Circle, per a press release on January 11. The draft outlines Circle’s intention to go public […]