Point of no return? Crypto investment products could be key to mass adoption
Cryptocurrency investment products could be a missing piece of the puzzle towards mass adoption, and are now becoming increasingly more common.
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Cryptocurrency investment products could be a missing piece of the puzzle towards mass adoption, and are now becoming increasingly more common.
U.S. Bank launched crypto custody services for institutional investors in October as part of a partnership with New York Digital Investment Group.
Brian Brooks proposed regulators treat crypto in much the same way as traditional financial institutions rather than creating an entirely new body to create a single framework for digital assets.
The Cboe BZX Exchange used the examples set by CME's crypto futures products in its argument for approval, but the SEC rejected them.
U.S. companies are rushing to launch crypto investment products in Europe amid regulatory pushbacks at home.
Fidelity Investments has launched a Bitcoin exchange-traded fund that will allow investors to buy and sell real Bitcoins rather than derivatives.
Invesco’s spot Bitcoin ETN joins 25 other similar products on Deutsche Boerse’s digital exchange, Xetra.
The Bitcoin AUM market fell 9.5% to $48.7 billion in November while altcoin-based crypto funds such as Ether saw their AUM rise 5.4% to $16.6 billion.
Nearly $3 billion in BTC options expire on Nov. 26, and bears are better positioned below $58,000.