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.
The US’s Securities and Exchange Commission (SEC) has suspended the trading of Bitcoin Tracker One (CXBTF) and Ether Tracker One (CETHF) issued by XBT Provider AB in Sweden, citing a lack of current, consistent and accurate information which has resulted in confusion amongst market participants regarding these financial instruments.
Aussie ETF provider BetaShares is to expand its global shares product suite via the launch a range of new international ETFs.
German asset management firm Iconiq Funds, the newly-launched asset management arm of Germany-based Iconiq Holding, the team behind the decentralised VC group, Iconiq Lab, is launching a series of digital asset index funds beginning in Q4 2018.
Dominic Lawton-Smith (pictured) is head of Private Client & Private Equity at Cayman-based boutique fund administrator, trustee and corporate services firm JP Integra Group. The company is 11 years old, has Cayman trust, fund administration and corporate services licences, enabling it to work with private, institutional and sovereign clients and has over USD6 billion under administration.
Falling prices for cryptocurrencies, and an uncertain regulatory environment, in 2018 haven’t deterred new crypto investment funds from opening, according to new analysis from Crypto Fund Research.
New Switzerland-based index provider LIMEYARD has launched its Crypto Asset Index, together with Decentriq, a FinTech enabling financial institution, to benefit from distributed ledger technology based in the Swiss crypto valley.