VanEck will likely launch its Bitcoin Strategy ETF next week

US SEC postpones VanEck's application for Bitcoin spot ETF

The Securities and Exchange Commission, or SEC, is anticipated to approve asset management VanEck’s Bitcoin Strategy exchange-traded fund (ETF) on Monday, with trading to begin on Tuesday, the asset manager could be the first to follow ProShares. VanEck said in a filing with the Securities and Exchange Commissio n on Wednesday that the public offering […]

Grayscale plans to convert its Bitcoin trust into physically-backed ETF

Grayscale plans to convert its Bitcoin trust into physically-backed ETF

Grayscale, a major institutional investor, is allegedly considering making its Bitcoin Trust a physically settled exchange-traded fund (ETF), this development comes after the SEC approved a Bitcoin futures ETF. Grayscale’s parent business Digital Currency Group’s CEO , Barry Silbert, revealed on Oct. 17 that Grayscale is planning to convert its Bitcoin Trust into a spot-settled […]

BetaShares sets to launch ETF to track indexes of crypto firms

BetaShares sets to launch ETF to track indexes of crypto firms

The new BetaShares ETF will track the crypto indexes of firms such as Coinbase, Riot blockchain and MicroStrategy, the fund will trade on ASX and aims to provide a level of crypto exposure to institutional investors. BetaShares is on the verge of launching a new crypto-focused exchange-traded fund (ETF), six months after filing an application […]

US SEC approves Volt Equity ETF

US SEC approves Volt Equity ETF

The Volt Crypto Industry Revolution and Tech ETF has been approved by the US Securities and Exchange Commission, giving investors convenient access to companies with strong Bitcoin exposure (BTC). According to an SEC filing, the exchange-traded fund (ETF) would follow so-called “Bitcoin Industry Revolution Companies ,” which are defined as entities that hold a majority […]

Evolve Funds Group launches Canada’s first multi-crypto ETF

Evolve Funds Group launches Canada's first multi-crypto ETF

Evolve Funds Group, a Canadian exchange-traded fund (ETF) provider, has launched the country’s first multi-crypto ETF that is pegged to both Bitcoin and Ethereum on the Toronto Stock Exchange. The Evolve Cryptocurrencies ETF will first invest in Bitcoin ETF (“EBIT”) and Ether ETF (“ETH”) and will trade under the tickers ETC (CAD Unhedged Units) and […]