Crypto ETPs Surge with $572 Million Inflows on Market Rebound
Global digital asset investment products recorded a strong rebound last week, attracting approximately $572 million in net inflows. The surge came after a brief pause in a prolonged streak of consecutive weekly gains, signaling renewed investor confidence in the cryptocurrency market. Ethereum-focused exchange-traded products (ETPs) led the charge, pulling in about $268 million. This influx […]
Bitwise Seeks NYSE Approval to Convert $1.3B Crypto Trust to ETP
NYSE Arca has filed to list the $1.3 billion Bitwise 10 Crypto Index Fund, aiming to convert it into an exchange-traded product (ETP). NYSE Stand on Crypto Trust The $1.3 billion Bitwise 10 Crypto Index Fund has been submitted for listing by NYSE Arca, a subsidiary of the NYSE Group. This represents a significant advancement […]
Core DAO Debuts its ETP on Sweden’s Stock Exchange
A Bitcoin scaling solution called Core DAO has its first exchange-traded product launched by DeFi Technologies subsidiary Valour. The first exchange-traded product (ETP) for Core DAO (CORE), a layer-1 solution powered by Bitcoin that combines delegated proof-of-stake and proof-of-work consensus processes, has been created by Switzerland-based financial business Valour. The Core Foundation announced that the […]
Zodia Custody Partners 21Shares for Crypto ETP
Zodia Custody becomes a leading custodian for 21Shares, bringing greater risk controls and regulatory compliance for institutional investors. The custodian provider for 21Shares’ physically backed exchange-traded products (ETPs) in Switzerland will be Zodia Custody, a British cryptocurrency custodian sponsored by Standard Chartered and SBI Holdings. In response to a “continuing sharp increase in ETP demand,” […]
Invesco, WisdomTree Reduce Fees on European ETPs by Over 60%
Following the United States Securities and Exchange Commission (SEC) approval of ETFs, the spot Bitcoin exchange-traded fund (ETF) fee war has now spread to Europe, and assets managers Invesco and WisdomTree have reduced the expenses of their ETP for institutional investors. Before their approval on January 10, all eleven applicants made multiple revisions to their […]