bitcoin etp

Bitwise Asset Management has announced the acquisition of ETC Group, a London-based digital asset manager known for creating Europe’s largest physical Bitcoin ETP, BTCE. This strategic move elevates Bitwise’s assets under management (AUM) to over $4.5 billion and enhances its capability to serve European investors with institutional-grade products. The acquisition …

Fidelity International listed its bitcoin-backed ETP on the London Stock Exchange on Wednesday exclusively for professional investors.

Fidelity International has launched the Fidelity Physical Bitcoin ETP on the London Stock Exchange for professional investors, according to a July 31 press release. The launch comes as Bitcoin investment products are multiplying worldwide following the record-setting success of US-based spot Bitcoin exchange-traded funds (ETFs) launched in January. Bitcoin ETP …

21Shares US LLC, an affiliate of 21Shares AG, has integrated the industry-standard Chainlink Proof of Reserve on the Ethereum mainnet to enhance the transparency of the Ethereum reserves backing the 21Shares Core Ethereum ETF (ticker CETH). CETH is physically backed by Ether and tracks ETH’s performance. 21Shares selected Chainlink as …

–> The U.S. Securities and Exchange Commission approved Grayscale’s mini version of its Grayscale Bitcoin Trust (GBTC) on Friday. The agency specifically approved the 19b-4 form for the Grayscale Bitcoin Mini Trust. The trust, under the ticker symbol “BTC,” is intended to be a “spin-off” of GBTC, with new shares …

Recent data from Farside Investors reveals a shift in Bitcoin exchange-traded fund (ETF) flows over the past two days. On July 17, Bitcoin ETFs experienced modest inflows totaling $53.3 million. The iShares Bitcoin Trust (IBIT) led with $110.4 million, while the Fidelity Physical Bitcoin ETP (FBTC) added $2.8 million. However, …

Ether spot ETFs are likely to attract $15 billion of net inflows in the first 18 months, Bitwise CIO Matt Hougan wrote. Potential inflows can be estimated by comparing the relative market caps of bitcoin and ether, the report said. Bitcoin benefits from first-mover advantage, which may reduce the inflows …

Zodia Custody has partnered with 21Shares to provide custody services for physically backed crypto exchange-traded products (ETPs) in Switzerland and the wider European market. The partnership aims to give 21Shares investors an additional layer of security and regulatory compliance for its physically-backed ETPs, according to Zodia Custody. Additionally, institutions using …

European Bitcoin exchange-traded products are losing big this year after competition ramped up overseas in the form of United States-based competitors. Data from Morningstar shows that European Bitcoin funds have suffered over $500 million in net outflows since January, despite the rising demand for Bitcoin itself during that time. Why …

This milestone allows professional investors to access cryptocurrency investments through regulated channels. WisdomTree Physical Bitcoin (BTCW) and WisdomTree Physical Ethereum (ETHW) will begin trading on May 28. These ETPs are designed exclusively for professional investors and carry a management expense ratio of 0.35%, making it one of the lowest fee …