Accelerate Financial Technologies plans to plant trees matching buys in Bitcoin ETF
In February, the investment business submitted an application to Canadian securities regulators for the establishment of a Bitcoin ETF. Accelerate Financial Technologies intends to match each investment in their forthcoming Bitcoin exchange-traded fund with the planting of thousands of trees, as part of its commitment to environmental responsibility. The Calgary-based investment services company has vowed […]
VanEck and ProShares applies to remove Ethereum ETF from SEC filings
VanEck and ProShares have seemingly chosen not to pursue exchange-traded funds with Ether exposure, less than two days after submitting separate applications to the US Securities and Exchange Commission. In separate SEC filings dated Aug. 20, legal representatives for VanEck and ProShares both stated that the companies had decided not to register their respective Ether-based […]
Valkyrie becomes fourth company to apply for a Bitcoin futures ETF
A number of asset managers believe the SEC will be more accommodating to Bitcoin ETFs related to futures contracts than it will be to Bitcoin ETFs focused on the spot market. Valkyrie Digital Asset s, an alternative financial services organisation, has become the latest company to register for a Bitcoin exchange-traded fund (ETF), which would […]
Hashdex launches first ‘green’ Bitcoin ETF in Brazil with carbon neutrality
Hashdex has launched its Bitcoin exchange-traded fund (ETF) in Brazil BITH11, the firm promises to invest a portion of the assets into carbon credits and green tech. Hashdex Asset Management, a crypto-focused alternative investment firm, has launched BITH11, a new exchange-traded fund (ETF) in Brazil that promises to be the country’s first “green” Bitcoin ETF […]
Invesco seeks SEC approval for Bitcoin ETF
Invesco, an Atlanta-based investing firm, plans to launch a new Bitcoin (BTC) exchange-traded fund that will not invest in the crypto directly. The firm stated the fund may “at times” invest in Bitcoin ETFs listed outside of the United States. Invesco filed an application with the Securities and Exchange Commission (SEC) on Wednesday to list […]