Auto Added by WPeMatico

Blackrock Aims to Launch Tokenized Investment Fund, Seeks SEC Nod for ‘BUIDL’ Fund on Ethereum

The globe’s most substantial asset manager by assets under management, Blackrock, has submitted a form to the U.S. Securities and Exchange Commission (SEC) for the initiation of a tokenized investment…

Continue ReadingBlackrock Aims to Launch Tokenized Investment Fund, Seeks SEC Nod for ‘BUIDL’ Fund on Ethereum

Fidelity Incorporates Staking in Spot Ethereum ETF Offering to Boost Fund’s Income

On March 18, the financial behemoth Fidelity Investments updated its application for a spot ethereum exchange-traded fund (ETF) to encompass staking capabilities. The firm, Fidelity, has made it known that…

Continue ReadingFidelity Incorporates Staking in Spot Ethereum ETF Offering to Boost Fund’s Income

Grayscale Investments Submits Revised Application for Spot Ethereum ETF

Grayscale Investments’ Chief Legal Officer announced that the firm has submitted a revised Form 19b-4 for spot Ether exchange-traded funds. The officer, Craig Salm, stated that investors are seeking access…

Continue ReadingGrayscale Investments Submits Revised Application for Spot Ethereum ETF

$200B Financial Group Cetera Approves 4 Spot Bitcoin ETFs on Its Platform

Cetera Financial Group, a platform with $475 billion in assets under administration and $190 billion in assets under management, has approved four U.S. spot bitcoin exchange-traded funds (ETFs) for use…

Continue Reading$200B Financial Group Cetera Approves 4 Spot Bitcoin ETFs on Its Platform

‘Not a Store of Value’ — Vanguard CEO Labels Bitcoin Too Speculative for Long-Term Portfolios

After the U.S. investment advisor Vanguard chose not to offer spot bitcoin exchange-traded funds (ETFs), its CEO Tim Buckley, in a recent discussion, described bitcoin as a speculative asset, unfit…

Continue Reading‘Not a Store of Value’ — Vanguard CEO Labels Bitcoin Too Speculative for Long-Term Portfolios

Cleartoken Secures $10M in Funding to Pioneer UK’s First Digital Asset Clearing House

On Monday, the crypto clearing house startup Cleartoken revealed that it raised $10 million from strategic investors including Nomura’s Laser Digital, Flow Traders, and LMAX Digital. Cleartoken Nets $10M to…

Continue ReadingCleartoken Secures $10M in Funding to Pioneer UK’s First Digital Asset Clearing House

Coinbase Aims to Raise $1 Billion Through Convertible Bond Sale as Shares Spike

Coinbase Global, Inc. has unveiled its strategy to generate $1 billion through the issuance of convertible bonds set to mature in 2030. This plan includes a provision for initial buyers…

Continue ReadingCoinbase Aims to Raise $1 Billion Through Convertible Bond Sale as Shares Spike

Crypto Attorney Jake Chervinsky Explains the Bear Case for a Spot Ether ETF Approval in May

Jake Chervinsky, CLO of Variant, a crypto-focused venture capital firm, explained that he was pessimistic about U.S. regulators approving a spot ether ETF this May. Chervinsky stated that the SEC’s…

Continue ReadingCrypto Attorney Jake Chervinsky Explains the Bear Case for a Spot Ether ETF Approval in May

London Stock Exchange Embraces Digital Assets by Accepting Crypto ETN Applications

In a pivotal announcement, the London Stock Exchange (LSE) has shared its plans to accept bitcoin and ethereum exchange-traded note (ETN) applications, signaling a significant shift toward incorporating digital currencies…

Continue ReadingLondon Stock Exchange Embraces Digital Assets by Accepting Crypto ETN Applications

Blackrock Explores Bitcoin ETP Investments for Global Allocation Fund

In a significant development, Blackrock, the world’s largest asset manager, has amended its prospectus for the Blackrock Global Allocation Fund to potentially include investments in bitcoin exchange-traded products (ETPs). This…

Continue ReadingBlackrock Explores Bitcoin ETP Investments for Global Allocation Fund