Direxion Files for BTC and ETH Futures ETF in a Sign of Traditional Financial Giants’ Growing Interest in Crypto

Direxion is a financial services company that specializes in creating investment products for investors seeking more than the conventional offerings. Their products are index-based and provide investors with directional options, magnified exposure, and long-term, rules-based strategies. Founded in 1997, Direxion has grown significantly, and as of March 31, 2023, it manages approximately $27.5 billion in […]

Institutional Crypto Investment Products’ Trading Volumes Drop to Two-Year Low

The daily aggregated trading volume of institutional cryptocurrency investment products has fallen to a two-year low at a time in which the prices of most cryptoassets kept on trading sideways during the bear market. According to CryptoCompare’s latest Digital Asset Management Review report, digital asset products have seen their assets under management (AUM) start to […]

One Bitcoin ETP Is Continuing to Do Well Despite Bear Market: CryptoCompare Report

According to the latest edition of CryptoCompare Research’s “Digital Asset Management Review“, in June, one Bitcoin ($BTC) ETP’s assets under management (AUM) managed to hit an all-time high despite the current crypto bear market. The ongoing crypto bear market saw the price of BTC plunge from around $69,000 back in November 2021 to around $19,000 […]

SkyBridge Capital Founder Says U.S. SEC ‘Now Stands for Stop Economic Creativity’

On Thursday (June 30), former White House Director of Communications Anthony Scaramucci shared his thoughts on the disapproval by the U.S. SEC of Grayscale Investments’ proposal for its Grayscale Bitcoin Trust (GBTC) to be converted into a spot Bitcoin ETF. As CoinDesk reported earlier today, yesterday (June 29) the Securities and Exchange Commission (SEC) rejected Grayscale […]

Hester Peirce: U.S. SEC Should Stop Categorically Denying Spot Bitcoin ETPs

On Tuesday (June 14), Hester Peirce, a Commissioner at the U.S. Securities and Exchange Commission (SEC), gave a speech about crypto regulation at an event in Washington, D.C. Commissioner Peirce’s remarks about crypto were made as part of her speech at an event titled “Regulating the New Crypto Ecosystem: Necessary Regulation or Crippling Future Innovation?”, […]

21Shares Makes It Easier for Institutions to Invest in The Sandbox ($SAND) Metaverse

On Thursday (April ), Switzerland-based 21Shares, which is which is considered one of the pioneers in issuing crypto exchange-traded products (ETPs), launched an investment product for The Sandbox ($SAND). 21Shares was “founded in 2018 by Hany Rashwan and Ophelia Snyder with the principal objective of making crypto safe and accessible for all investors.” Since then, […]

VanEck Launches ETNs for Terra ($LUNA), FTX Token ($FTT), and Algorand ($ALGO)

On Wednesday (April 6), VanEck Europe launched three new exchange-traded notes (ETNs) for the following highly popular cryptoassets: Terra ($LUNA), FTX Token ($FTT), and Algorand ($ALGO). VanEck Terra ETN (VLNA) The VanEck Terra ETN is “a fully-collateralized exchange traded note that invests in LUNA.” It “seeks to replicate the value and yield performance of the […]

CoinShares Partners With FTX to Launch ‘CoinShares FTX Physical Staked Solana ETP’

Europe’s largest digital asset investment firm CoinShares and crypto exchange FTX have entered into a strategic partnership. According to a press release issued by CoinShares yesterday, the first initiative in this partnership is “the launch of the world’s first physically-backed Solana exchange traded product (ETP) designed to share the rewards of staking with investors in […]

Fidelity’s Two New Bitcoin ETPs Get Listed on SIX Swiss Exchange

On Wednesday (March 23), Fidelity Exchange Traded Products GmbH listed two new Bitcoin ETPs (in US dollars and Swiss francs) on SIX Swiss Exchange.  Accordingto SIX’s press release, “the two new bitcoin ETPs listed by Fidelity bring the number of crypto ETP issuers to 10, and the number of tradable crypto ETPs to 133.” The […]

21Shares Launches ‘World’s First Physically-Backed’ ETPs for $ADA, $SOL, and $DOT on SIX Swiss Exchange

On Thursday (March 10), Switzerland-based 21Shares AG, which is considered one of the pioneers in issuing crypto exchange-traded products (ETPs), announced launched seven new products (in CHF) on the SIX Swiss Exchange. SIX Swiss Exchange — previously known as SWX Swiss Exchange — which is based in Zurich is Switzerland’s main stock exchange. It also “trades […]

21Shares Launches “World’s First Physically-Backed” ETPs for Aave, Chainlink, and Uniswap

Switzerland-based 21Shares AG, which is considered one of the pioneers in issuing crypto exchange-traded products (ETPs), has announced listing of $AAVE, $LINK, and $UNI ETPs on a Swiss regulated stock exchange. BX Swiss is “a Swiss stock exchange operated by BX Swiss AG and it is “subject to the supervision by the Swiss Financial Market Supervisory Authority (FINMA).” ETPs are […]

VanEcks Lists ETNs for Avalanche ($AVAX) and Polygon ($MATIC) on SIX Swiss Exchange

Asset manager VanEck has listed two new crypto exchange-traded notes (ETNs) on the SIX Swiss Exchange, bringing the number of cryptocurrencies for which offers exchange-traded products (ETPs) to seven. In a press release issued on Wednesday (December 16), VanEck reminded us that it had already launched ETNs on Bitcoin ($BTC), Ethereum ($ETH), Polkadot ($DOT), Tron […]

World’s First Uniswap ($UNI) Exchange Traded Product Is Launched by Valour in Europe

Valour Uniswap, which is the latest exchange traded product (ETP) by Valour Inc. (a subsidiary of DeFi Technologies), has launched on the Frankfurt Stock Exchange (in German: “Börse Frankfurt”). On October 26, ETP issuer Valour announced the upcoming launch of Valour Uniswap (VALOUR UNISWAP – CH1114178846) on Börse Frankfurt. According to Valour, this is the first […]

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