SEC approves Valkyrie’s Bitcoin futures ETF, the second this year

    The US Securities and Exchange Commission (SEC) has approved Valkyrie’s futures exchange-traded fund (ETF) application. This is the second futures ETF approved by the SEC this year after Teucrium. However, spot ETFs seem unlikely to happen soon without more regulation, recent developments suggest. According to the SEC document published on May 5, the application was…

    Samsung Group to list Asia’s first blockchain ETF

    Samsung Group’s investment arm is reportedly set to list a blockchain exchange-traded fund (ETF) on the Hong Kong Exchange during the first half of 2022 in a bid to capitalize on growing demand. The ETF will have a structure that is similar to that of BLOK, one of Amplify Holdings’s ETF products. South Korea’s Samsung…

    World’s biggest asset manager BlackRock launches crypto-focused blockchain ETF

    Blackrock, the world’s largest asset manager, has launched a blockchain exchange-traded fund (ETF). The fund, trading on the NYSE Arca, gives investors exposure to “companies that are involved in the development, innovation, and utilization of blockchain and crypto technologies.” The launch comes after Fidelity listed its crypto and metaverse ETFs last week. According to a…

    Australia’s first Bitcoin ETF is reportedly to go live next week

    Australia’s first Bitcoin exchange-traded fund, Cosmos Asset Management’s Bitcoin ETF, will be listed on the Cboe equities trading platform next week, Australian Financial Review reported on Tuesday. The report suggested the country’s clearinghouse, ASX Clear, confirmed that four market participants agreed to meet its stringent margin requirements. According to a report, an Australian clearinghouse controlling…

    Valkyrie Funds launches ETF focused on Bitcoin mining companies

    Valkyrie Funds announced the launch of the Valkyrie Bitcoin Miners ETF, the exchange-traded fund focused on Bitcoin mining operators. ETF will focus on firms that employ at least 77% renewable energy. The Valkyrie Bitcoin Miners ETF (WGMI) began trading on February 8 on the Nasdaq. It invests in publicly traded miners using renewable energy as…

    ProShares seeks to launch a Metaverse ETF tracking Apple, Meta, Nvidia

    ProShares, the first US-based company to launch a Bitcoin ETF, is now planning to launch an exclusive Metaverse ETF. ProShares Metaverse ETF will track the performance of the Solactive Metaverse Theme Index, which includes prominent tech firms such as Apple and Nvidia.   On Tuesday, ProShares filed with the US Securities and Exchange Commission (SEC)…