ETFs


Finance

Valkyrie Refiles for Spot Bitcoin ETF With Coinbase as Surveillance Partner

The asset manager first filed for a spot bitcoin exchange-traded fund in January 2021.

Canary Capital founder and CEO Steve McClurg (Danny Nelson/CoinDesk)

Tech

BlackRock Bitcoin ETF Application Refiled, Naming Coinbase as ‘Surveillance-Sharing’ Partner

Refiled application by Nasdaq to list a BlackRock bitcoin ETF follows a report last week that the SEC deemed earlier proposals "inadequate" since they didn't specify the name of the underlying market in so-called surveillance-sharing agreements.

BlackRock's corporate office in New York, New York. (Jim.henderson/Wikimedia Commons)

Policy

Probability for U.S. Approval of a Spot Bitcoin ETF Is Fairly High: Bernstein

The lack of a spot ETF leads to the growth of over-the-counter products like the Grayscale Bitcoin Trust, which are more expensive, illiquid and inefficient, the report said.

U.S. Securities and Exchange building (Shutterstock)

Finance

Hong Kong's HSBC Allows Customers to Trade Bitcoin, Ether ETFs but That's Not Really News

HSBC's customers in Hong Kong have in fact been able to trade such crypto investment products since they were first listed on the Hong Kong Stock Exchange back in December.

Hong Kong Harbour (Shutterstock)

Finance

U.S. Has Room for a Compliant Crypto ETF to Grow Market Share as a Bitcoin On-Ramp: Bernstein

Grayscale earns around $380 million in annualized fees despite its GBTC product being inefficient, illiquid and trading at a discount, the report said.

SEC, ICO Fraud

Finance

BlackRock’s Spot Bitcoin ETF Not The Same As Grayscale’s Product, Experts Say

While both are technically trusts, there’s one key distinction which makes Blackrock’s proposed investment vehicle an exchange traded fund (ETF).

BitcoinETF: What Comes Next?

Finance

BlackRock May Have Found Way to Get SEC Approval for Spot Bitcoin ETF

The asset management giant included a surveillance-sharing agreement in its proposal, which could eliminate the risk of market manipulation related to bitcoin.

BlackRock headquarters in New York (Jeenah Moon/Bloomberg via Getty Images)

Finance

WisdomTree CEO Says Crypto Is 'Natural Evolution' of ETF Products

CEO Jonathan Steinberg discussed his company’s soon-to-launch crypto wallet for trading tokenized real world assets such as gold. Blockchain brings democratization to traditional finance, he tells CoinDesk Editor-in-Chief Kevin Reynolds.

WisdomTree CEO Jonathan Steinberg (left)(Shutterstock/CoinDesk)

Tech

Onramp Launches Spot Bitcoin Trust With Multi-Party Custody

The company, based in Austin, Texas, says the new offering is the first bitcoin trust that takes advantage of Bitcoin’s multi-signature capability.

(JaCZhou/Getty Images)