February data from TrackInsight reveals that ETFs continued their seemingly unstoppable growth trajectory to reach a new global high of USD8 trillion, in assets under management, driven by what it calls ‘exploding flows’ in North American markets and huge investor appetite for ESG products.
CI Global Asset Management (CI GAM) announced has filed and obtained a receipt for a preliminary prospectus for CI Galaxy Bitcoin ETF (BTCX).
New research from ETC Group the company behind the BTCetc - Bitcoin Exchange Traded Crypto (BTCE), a physically backed bitcoin ETP which is listed on the Deutsche Boerse XETRA and SIX stock exchanges, and passported for sale across Europe, reveals that exchange traded products (ETPs) are the most popular way for European institutional investors and wealth managers to gain exposure to bitcoin.
Evolve Funds Group (Evolve) has filed a final prospectus to launch the Bitcoin ETF (EBIT), one of the world's first physically settled bitcoin ETFs, on the Toronto Stock Exchange (TSX), subject to TSX approval.
Since Tesla’s USD1.5 billion purchase of bitcoin on Monday this week, between 8 and 9 February (Monday and Tuesday), USD171.523 million was traded in BTCetc Bitcoin Exchange Traded Crypto (ticker BTCE), a leading Bitcoin ETP, which is listed on Deutsche Boerse and the SIX stock exchanges and passported for sale across Europe.
Another week and another crypto launch for Switzerland’s SIX Exchange with the arrival of CoinShares with its new physically backed ETP, CoinShares Physical Bitcoin (BITC).
ETF heavyweight VanEck launched a bitcoin ETN this week on Deutsche Börse, the latest launch in series of products focused on cryptocurrencies, and significant because VanEck represents the ETF establishment stepping into this somewhat esoteric world.
Since listing on Deutche Boerse’s Xetra in late June 2020, BTCetc Bitcoin Exchange Traded Crypto (ticker BTCE) has become the most liquid 100 per cent physically backed bitcoin ETP in the world with a record trading volume day on 18 November of over 2 million units or USD36 million.
Asset Manager VanEck has listed the VanEck Vector Bitcoin ETN on Deutsche Börse Xetra, a new product that allows investors to participate directly in the performance of bitcoin, without having to buy the digital currency themselves.
Crypto asset management firm CoinShares, with over USD1 billion in assets under management, is to use Compass Financial Technologies to calculate and publish the official prices of the XBT Provider range of ETPs on Bloomberg and Reuters.