Tag: ETFs

Japan’s primary financial watchdog, the Financial Services Agency (FSA), could approve crypto exchange-traded-funds despite abandoning plans to allow Bitcoin futures, a person familiar with the matter told Bloomberg on January 7, 2019. Increasing Interest in Cryptocurrency EFTs in Japan Despite giving up on their plans to allow listing a Bitcoin futures product on exchanges, it seems that Japan could be…

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Forex Capital Markets (FXCM), a London-based global foreign exchange brokerage has joined the bitcoin bandwagon just like some of its competitors in the forex and financial services industry including Admiral Markets, ICM Capital and others, reported Finance Magnates on October 1, 2018. FXCM Bitcoin CFD According to sources close to the matter, FXCM Group has now added bitcoin contracts-for-difference (CFD) to…

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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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