BlackRock launches blockchain-based Exchange-traded fund (ETF)
BlackRock, the world’s largest asset manager has launched a blockchain-based exchange-traded fund (ETF) that allows investors to gain exposure to the crypto and blockchain industries. The Blockchain and Tech ETF (IBLC) was added to the iShares product line on Wednesday by the world’s largest asset manager , which presently manages around $10 trillion in assets. […]
ProShares applies for Short Bitcoin Strategy ETF from SEC
ProShares has filed a registration statement with the Securities and Exchange Commission (SEC) to list shares of a Short Bitcoin Strategy ETF an exchange-traded fund that will be based on daily investment. ProShares filed an application with the Securities and Exchange Commission on Tuesday for an investment vehicle that would allow customers to wager against […]
Huobi reportedly plans crypto ETF launch in Hong Kong
Huobi technologies a subsidiary of Huobi Global is proposing to develop an exchange-traded fund (ETF) that will track popular cryptocurrencies in Hong Kong. Huobi has written to the Securities and Futures Commission (SFC) in Hong Kong , stating that the ETF will be structured in such a way that it will be accessible to retail […]
BetaShares crypto company ETF breaks Australian records on opening day
Within the first 15 minutes of its debut on the Australian Securities Exchange (ASX), BetaShares’ new crypto firm ETF smashed records. Investors can receive exposure to 50 pure-play listed crypto enterprises from around the world, including exchanges, mining companies , and equipment companies, through the Capital Appreciation Portfolio Diversification (CRYP) fund. Galaxy Digital (12.0 %), […]
Australia is likely to approve a Bitcoin ETF
According to CoinDesk, Australian regulators are likely to allow ETPs based on Bitcoin and Ethereum in the near future, including ETFs. The Australian Securities and Investment Commission (ASIC) stated on Friday that Bitcoin and Ethereum are likely to be legally suitable as a basis for ETPs if all of the necessary criteria are met. ASIC […]