May 16, 2024
Funds

Grayscale plans industry-low 0.15% fee for Bitcoin Mini Trust spinoff fund, under ticker BTC

Funds • April 20, 2024, 1:02PM EDT Published 1 minute earlier on UPDATED: April 20, 2024, 1:05PM EDT Grayscale’s latest financial filing has revealed new details about its new fund, the Bitcoin Mini Trust, which the company says will be listed on NYSE Arca under the ticker BTC and charge a competitive fee rate of

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Finance

Hong Kong finance firm VSFG targets to apply for spot Ethereum ETF in Q2

Venture Smart Financial Holdings Ltd. (VSFG), a Hong Kong-based financial services firm, is preparing to apply for a spot Ethereum exchange-traded fund (ETF) in anticipation of potentially launching its spot bitcoin ETF in the first quarter. In a Friday interview with The Block, VSFG Chairman Lawrence Chu said that the firm is in the final

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Crypto

ProShares files for five leveraged and inverse bitcoin ETFs

ProShares on Tuesday filed prospectus materials for five leveraged and inverse bitcoin exchange-traded funds, just days after spot bitcoin ETFs began trading. The names of the funds are ProShares Plus Bitcoin ETF, ProShares Ultra Bitcoin ETF, ProShares UltraShort Bitcoin ETF, Proshares Short Bitcoin ETF and ProShares ShortPlus Bitcoin ETF.  One of the funds “seeks daily

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Funds

SEC Approves Spot Bitcoin ETFs—First Crypto Funds Of Kind

Updated Jan 10, 2024, 04:46pm EST Topline The Securities and Exchange Commission announced Wednesday it greenlit the first spot bitcoin exchange-traded funds (ETF) in the U.S., a historic move for investors looking for exposure to the world’s largest digital asset. The SEC approved the first ever spot bitcoin ETFs. Copyright 2014 AP. All rights reserved.

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Crypto

Hong Kong prepares for retail access to spot cryptocurrency exchange-traded funds, boosting city’s virtual-asset hub ambitions

Hong Kong previously only allowed retail participation in cryptocurrency futures ETFs, which hold virtual-asset futures contracts, instead of direct investments in crypto tokens at their spot prices. 03:03 The cryptocurrency scandal gripping Hong Kong The cryptocurrency scandal gripping Hong Kong Hong Kong’s latest initiative shows the determination of policymakers to rebuild investors’ confidence in virtual

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