Grayscale Moves $183m in BTC Amid ETF Fee Competition
Grayscale Bitcoin Trust sent approximately 4,000 Bitcoins worth $183 million to Coinbase Prime deposit addresses. The most recent statistics from Arkham Intelligence made this clear. The fee structure of Grayscale’s spot Bitcoin ETF, which is 1.5%, is renowned for being very high. However, investors may be considering other options in light of the SEC’s recent […]
UK Police Warn Against Coscoin Following £215k Crypto scam
Law enforcement organizations have issued a warning on the Coscoin cryptocurrency investment platform in response to many fraud claims. As to the most recent article by the BBC, Coscoin, also known as Cos or Cosetek, has positioned itself as a trailblazing platform in artificial intelligence-powered quantitative trading. Investors are drawn to the platform by the […]
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 […]