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Grayscale CEO: The Launch of Short Bitcoin ETF Is Positive for Crypto

Michael Sonnenshein, the CEO of the leading crypto asset manager, Grayscale Investments, believes the launch of ProShares’ Short Bitcoin Exchange-Traded Fund (ETF) could be a positive sign for the industry.…

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More ‘forced selling’ ahead? Purpose Bitcoin ETF holdings plunge by 51% in biggest outflow ever

The shocking Bitcoin withdrawals appeared as BTC's extended its decline below $20,000 over the weekend.

Continue ReadingMore ‘forced selling’ ahead? Purpose Bitcoin ETF holdings plunge by 51% in biggest outflow ever

Hester Peirce Lashed out on the SEC for Delaying the Approval of Spot Bitcoin ETFs

SEC Commissioner Hester Peirce, famously known as “crypto mom” due to her years-long supportive attitude toward the industry, slammed the top US securities watchdog for failing to greenlight spot bitcoin…

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More Than Half of Wealthy Asian Investors Held Crypto in Q1 2022: Accenture

Multi-national IT services giant Accenture published a new survey analyzing wealthy Asian investors’ portfolios on digital assets, noting that a majority of them are interested in directly or indirectly holding…

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Former US Solicitor General to Aid Grayscale’s Bitcoin ETF Efforts

The world’s largest digital asset manager – Grayscale – hired Donald B. Verrilli as additional legal counsel. With his help, the firm aims to receive the SEC’s approval and finally…

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Two more spot crypto ETFs launch on Australian markets

Both of the new Australian exchange-traded funds by 3iQ Digital Asset Management will feed from its existing Bitcoin and Ethereum ETFs listed on the Toronto Stock Exchange.

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Australia’s First Crypto ETFs Received Lukewarm Receptions Amid Rising Market Volatility

Australia’s First Crypto spot ETFs have witnessed extremely low trading volume since the launch back in the mid of May. On the debut of 21Shares’ spot Bitcoin and Ethereum ETFs,…

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