In August 2021 trading turnover on the Swiss stock exchange reached CHF84.6 billion, 4.3 per cent less than in the previous month, while the number of transactions decreased by 5.4 per cent to a total of 4,328,210. Since the beginning of 2021, trading turnover reached CHF 867.7 billion with a total of 42,557,169 transactions.
Grayscale Investments, the world’s largest digital currency asset manager, has hired Dave LaValle as Global Head of ETFs.
CoinShares’ weekly report reveals that digital asset investment products saw outflows for the third consecutive week with outflows totaling USD28 million.
Crypto ETP issuer 21Shares AG has hired Isabell Moessler as Head of Distribution for the EMEA region (Europe, Middle East, Africa). Since its founding in 2018, 21Shares has, in less than three years, rapidly grown to USD1.2 billion in assets and 15 listed crypto ETPs.
Viridi Funds, a registered investment adviser and emerging fund manager, is launching a publicly traded clean energy bitcoin mining ETF, Viridi Cleaner Energy Crypto-Mining & Semiconductor ETF, on the NYSE with the ticker RIGZ.
Popularity amongst investors for thematic investment strategies remains high, writes Global X, citing CNBC’s claim that assets in thematic ETFs have hit USD133 billion, up from USD27 billion before the pandemic.
Jersey-based CoinShares has expanded its footprint into the equities market, buying the ETF index business from Elwood Technologies. Elwood had previously partnered with Invesco to launch the Invesco Elwood Global Blockchain Equity UCITS ETF, which provides exposure to internationally listed companies generating earnings from blockchain technology.
The Iconic Funds' Physical Bitcoin ETP will be listed and begin trading on Euronext in Paris and Amsterdam on July 1, 2021. The ETP, physically backed by bitcoin, has a total expense ratio of 0.95%. The ETP is issued by Iconic Funds BTC ETN GmbH, a subsidiary of Iconic Funds GmbH (collectively branded as "Iconic Funds").
Global Palladium Fund (GPF) has listed GBP share classes for its four physically-backed metal Exchange Traded Commodities (ETCs) on London Stock Exchange. The ETCs have the lowest charges in the European marketplace with total expense ratios (TER) ranging from 0.145 per cent to 0.20 per cent.
The Invesco Elwood Global Blockchain UCITS ETF has surpassed USD1 billion in assets under management, following strong performance and broad inflows throughout 2020 and into 2021.