Tag: ETF

Institutional buying interest in GBTC accompanies hopes that BlackRock will secure the first U.S. Bitcoin spot ETF. Bitcoin plans by BlackRock appear to have sparked a rally in the “OG” institutional BTC investment vehicle. Data from monitoring resource CoinGlass shows that on June 17, the Grayscale Bitcoin Trust (GBTC) almost hit new 2023 highs. GBTC “premium” heads below…

Galaxy Digital CEO Mike Novogratz was among those over the moon with the news, others warn it could be the start of a major institutional takeover. BlackRock’s latest filing for a spot Bitcoin (BTC) trust will drive investors’ confidence in Bitcoin and may even be “the best thing that could happen” to BTC, according to some crypto industry…

Grayscale’s chief was the latest to take a swing at the authority for its so-called “regulation by enforcement” actions. The approach to crypto regulatory enforcement by the United States Securities and Exchange Commission (SEC) has stalled the advancement of Bitcoin in the country, according to the CEO of Grayscale Investments. In a letter published in The Wall Street…

BlackRock launched the iShares Blockchain Technology UCITS ETF, as the world’s largest asset manager has been increasingly engaging in the crypto sector. The world’s largest asset manager BlackRock just made another step into the crypto sector, this time launching an ETF with exposure to blockchain and crypto companies for its European customers.  According to a…

The Grayscale Bitcoin Trust (GBTC), which has been trading at a discount since the beginning of 2021, hit a record low of -35.26% on Sept. 23. This decline comes four months after its previous all-time low of 34%. Now, Grayscale is suing the SEC after rejecting its application to convert to a spot Bitcoin ETF…

Franklin Templeton joined the metaverse with a new thematic ETF. The global investment firm has launched The Franklin Metaverse UCITS ETF that tracks the Solactive Global Metaverse Innovation Net Total Return Index. The new ETF will list on the Deutsche Börse Xetra (XETRA) on Sept. 7, and the Borsa Italiana and London Stock Exchange (LSE)…