Tag: ETFs

Ten years after Lehman Brothers filed for bankruptcy in 2008, a host of new financial offerings is hoping to entice sullied investors back into the market. The task hasn’t been easy, however. The financial crisis that spawned Bitcoin has left enough emotional damage to keep those with a keen sense of memory far from equities and traditional stocks. This same…

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The price of bitcoin dropped by 12 percent week-on-week after a Silk Road-related wallet holding 111,114.615 BTC and BCH, among other forks, – worth over one billion dollars – moved coins for the first time in four years, which many took as a sign that the wallet holder was about to cash out. Reddit user sicksilk, who discovered the whale’s…

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According to Business Insider on September 5, 2018, Goldman Sachs is no longer opening a bitcoin trading platform and instead is planning on launching a key business to streamline and drive investment from Wall Street onto Crypto. Goldman Sachs Backtracks Fearing a regulatory crackdown on crypto, Goldman Sachs set aside its plans to bring cryptocurrency trading to Wall Street and instead…

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Bitcoin investors were able to sleep easier these past seven days, as the price of bitcoin managed to remain firm for the second consecutive week, gaining four percent week-on-week. Crypto Market Gaining Traction Bitcoin booked gains this week despite the SEC rejecting several newly proposed Bitcoin ETFs. SEC Commissioner Heather Pierce’s recent bitcoin-positive statements suggested that an ETF may be…

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According to a report published on August 22, 2018, a new blockchain exchange-traded fund based out of Vancouver, Canada has surfaced in the cryptocurrency world and is set to be traded on the Aequitas NEO Exchange in Canada in September 2018. A Walmart-Backed ETF Worth a Second Glance Although the project is yet to receive regulatory approval, investments from companies…

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Months after announcing the industry’s first Bitcoin futures, Cboe Global Markets (Cboe) now aspires to become the first to list a Bitcoin exchange-traded fund (ETF). While the company still has to get a final nod from the U.S. Securities and Exchange Commission (SEC), speculative reports are suggesting that it’s only a matter of time till Cboe succeeds in persuading the…

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Bitcoin and other cryptocurrencies have witnessed higher than average trading volumes over the past two weeks. This is partly due to investor enthusiasm as the Securities and Exchange Commission (SEC) is expected to announce its long-awaited decision on a crypto ETF. Amidst this discussion though, Ethereum co-founder Vitalik Buterin has asked the crypto and blockchain community to focus on making…

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Asset management firm Reality Shares introduced the first exchange-traded fund (ETF) to provide investors accessibility to Chinese companies in the cryptocurrency sector.  Additionally, the company offers ingenious and resourceful services to interested clients. Potential Emerging Market Open for Investment The asset management company intends to spread its roots throughout the world and sow the seeds of promising investment opportunities. To…

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Among whispers of state-backed cryptocurrency exchanges making the rounds, blockchain Exchange Traded Funds (ETFs) offered by traditional finance behemoths are showing great promise. While the concept could have been unimaginable a few years ago, 2018 offers four ETFs dedicated to blockchain technology. Blockchain ETFs on the Rise While the emerging financial instrument has received largely mixed results from investors, there…

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Even with the reign of the bear market, it seems more and more financial institutions are seriously looking to join the bitcoin train. On May 24, 2018, Frankfurt-based Deutsche Borse AG has hinted it’s weighing the possibility of offering clients bitcoin and other crypto-related products. Fighting the Bitcoin Bug According to Bloomberg, the highly-reputed stock exchange has noted a more…

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