Still waiting: SEC delays VanEck’s third Bitcoin spot ETF application
The United States Securities and Exchange Commission (SEC) has pushed back a decision on the latest application for a Bitcoin (BTC) spot exchange-traded fund (ETF) by global investment firm VanEck. The company has long been trying to get the green light for what will be the first BTC ETF in America, with its first application […]
Fairfax County highlights the value in the 'short-term nature' of yield farming
Virginia’s Fairfax County continues to be a prominent public institutional investor in the cryptocurrency space and is set to diversify its portfolio with a move into yield farming. As previously reported, global asset managers VanEck announced that the Fairfax employees’ and police retirement systems will invest $35 million into the firm’s crypto lending fund. It’s […]
Bitcoin traders expect a ‘generational bottom,’ but BTC derivatives data disagrees
A descending triangle pattern has been pressuring Bitcoin (BTC) for the past three weeks and while some traders cite this as a bullish reversal pattern, the $19,000 support remains a crucial level to determine the bulls’ fate. BTC-USD 12-hour price. Source: TradingView Despite the apparent lack of a clear price bottom, Bitcoin derivatives metrics have […]
VanEck says Bitcoin could hit $4.8M if it became the global reserve asset
American investment firm VanEck believes that Bitcoin (BTC) has double the upside of gold and could be worth as much as $4.8 million per coin if it becomes the global reserve asset. That’s a big “if” of course, and VanEck thinks the Chinese yuan is a more likely contender. The lofty assessment for BTC came in a […]
VanEck files for new ETF to track crypto and gold mining companies
VanEck, an investment firm with almost $82 billion in assets under management, has submitted an application to the United States Securities and Exchange Commission (SEC) for the launch of a new exchange-traded fund that invests in gold mining and Bitcoin (BTC) mining companies. According to the SEC document filed on March 3, the fund will […]
VanEck launches its first multi-token cryptocurrency fund
On Monday, VanEck, a financial institution with close to $82 billion in assets under management with exchange-traded funds, or ETFs, mutual funds and institutional accounts, announced the launch of its first cryptocurrency fund. The fund is listed as an exchange-traded note, or ETN, on the Deutsche Borse Xetra and SIX Swiss exchanges with exposure to […]
Kelly Strategic Management files for Ethereum futures ETF
Denver-based investment firm Kelly Strategic Management has filed for an exchange-traded fund (ETF) offering exposure to Ethereum (ETH) futures contracts. The move comes just three months after VanEck and ProShares suddenly withdrew their ETH futures ETF applications on the same day in August. According to a Nov. 29 filing with the U.S. Securities and Exchange […]