Search results
Results from the Tech24 Deals Content Network
Spot-based ETFs basically allow investors to indirectly own an asset. When an investor buys shares in a spot-based ETF, they’re buying shares of the fund that owns that asset (e.g., BlackRock ...
The spot Bitcoin ETF run by the world’s largest asset manager, BlackRock, showed its early dominance in becoming the first among a newly approved group of crypto-linked financial products to ...
Leading the spot bitcoin ETF pack is Grayscale Bitcoin Trust at $20.27 billion, followed by BlackRock’s iShares Bitcoin Trust at $3.31 billion and Fidelity’s Wise Origin Bitcoin Trust at $2.75 ...
Show comments. (Reuters) -BlackRock's iShares Bitcoin Trust has become the world's largest fund for the world's largest cryptocurrency, racking up nearly $20 billion in total assets since listing ...
A spot Bitcoin ETF, which tracks the current price of the popular cryptocurrency, had long been a pipe dream for the crypto industry, with the hope it could open new flows of investment from ...
Valkyrie is one of 11 applicants for a U.S. spot bitcoin ETF; the other firms are BlackRock, Grayscale and Fidelity, among others. He also thinks bitcoin’s price will hit $150,000 or higher ...
The other thing to watch in the coming days is which of the Bitcoin ETF issuers gobbles up the biggest market share—history shows new ETFs are a winner-take-all business—and which firms just ...
In June 2023, Fidelity applied with the United States Securities and Exchange Commission (SEC) to launch a Spot Bitcoin exchange-traded fund (ETF). In November 2023, they filed another application with the SEC to launch a Spot Ethereum ETF. [28] [29] The Bitcoin fund was granted approval and launched on January 11, 2024. [30]