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The Company Behind the World’s First Bitcoin ETF Launches Mutual Crypto Fund Units

Purpose Investments – an asset management company with $12B+ in AUM – recently announced that mutual fund units would be available for its cryptocurrency exchange-traded funds (ETFs). These include its…

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Ethereum loses key support level as ETH price falls to two-month lows against Bitcoin

ETH/BTC dropped below its 200-day exponential moving average for the first time since March 2020, raising risks of more downside.

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Institutional crypto products eye record AUM as investors pile into Bitcoin

Institutional investors piled $225 million into Bitcoin products while Ether products saw outflows of $13.6 million this past week.

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Pantera CEO Wants a Reminder the Day Before a US Bitcoin ETF Launches — ‘I Might Want to Take Some Chips off the Table’

On October 6, Pantera Capital published an investor’s note written by Dan Morehead, the company’s CEO. Unlike the myriad of crypto investors who believe that a bitcoin exchange-traded fund (ETF)…

Continue ReadingPantera CEO Wants a Reminder the Day Before a US Bitcoin ETF Launches — ‘I Might Want to Take Some Chips off the Table’

US SEC Approves an ETF Tracking the Performance of Bitcoin-Investing Companies

Just four months after the application, Volt Equity’s Volt Bitcoin Revolution ETF has received the green light from the US Securities and Exchange Commission. It will provide investors the option…

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Bitcoin ETF Approval Expected by Month’s End, Prominent Hedge Fund Puts More Weight Behind BTC

The price of bitcoin soared past the $55K handle on Wednesday for the first time in four months giving proponents hope the crypto bull run has been re-ignited. Speculators are…

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SEC Delays 4 Bitcoin ETF Deadlines — Regulator ‘Finds It Appropriate to Designate a Longer Period of Time’

On Friday, the U.S. Securities and Exchange Commission (SEC) has delayed four bitcoin exchange-traded funds (ETF) deadlines for another 45 days. The regulator notes that the entity needs more time…

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SEC Chair Reiterates Support for Bitcoin Futures ETFs, But Concerned About Investors’ Protection

The United States Securities and Exchange Commission (SEC) Chairman, Gary Gensler, has once again renewed his support for the approval of Bitcoin Exchange-traded Funds (ETFs) in the country. Gensler told the…

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