Ark Invest founder Cathie Wood passed on buying the first Bitcoin Futures ETF
She cited an investigation into tax ramifications as one of Ark Invest’s reasons for withholding for now.
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She cited an investigation into tax ramifications as one of Ark Invest’s reasons for withholding for now.
The asset manager could be the first to follow ProShares, which listed its Bitcoin Strategy ETF on the New York Stock Exchange on Monday.
In the same interview, Proshares CEO Simeon Hyman opined that regulated futures traded in a 40-act ETF will open the opportunity to get BTC exposure to a lot of folks…
"This is Chainalysis’ first acquisition of cryptocurrency, and we will continue to pursue other digital assets as potential future investments," said CEO Michael Gronager.
The price of Bitcoin rose to a five-month high of $63,293 following shares of ProShares’ ETF opening for trading.
U.S.-based financial advisers with Interactive Brokers are now able to recommend cryptocurrency investments to their clients.
Grayscale said it would proceed "once there’s official and verifiable evidence of the SEC’s comfort with the underlying Bitcoin market."
Crypto adoption in the real estate market could see fractional property ownership becoming more popular.
A father's gift of 1 BTC (roughly $915.80) to his newborn daughter back in 2017 is now worth more than $60,000.
Authorities in Estonia are working on new legislation expected to stiffen the rules for the country’s cryptocurrency sector. The Baltic nation’s regulator for the industry is considering whether to revoke…