How the Emirates joined the Bitcoin ETF system

    The first Bitcoin fund in the Middle East was launched in Dubai this summer, when Canada’s largest digital asset investment fund, 3iQ, placed its public ETF in the largest Middle Eastern financial market. Investors can now transfer shares from the Toronto Stock Exchange to Nasdaq Dubai and vice versa, as well as buy them directly…

    Grayscale and CoinDesk launch an institutional DeFi fund and index

    Digital asset manager Grayscale Investments is launching a DeFi Fund and index, as announced by Grayscale CEO Michael Sonnenshein. The new fund joins a growing number of offerings to help investors easily bet on decentralized finance (DeFi). Grayscale Investments, the world’s largest digital currency asset manager, and CoinDesk Indexes, a subsidiary of CoinDesk Inc., the…