Tags : funds

Bitcoin

BlockFi users say they can’t withdraw funds after 701 Bitcoin

Users of the crypto lending platform BlockFi are reporting difficulties in withdrawing funds. This comes after a promotional campaign in which over 701 Bitcoin was given away by mistake. Some users say they have received legal threats as the firm tries to recovery the Bitcoin. The incident puts the spotlight on the risks of using […]Read More

Market

Ethereum ETFs are here, building case for US approval of

Unlike its neighbor to the south that continues to procrastinate, Canada seems to be fast-tracking crypto assets — as evident again last week in its regulatory green light for three new Ether (ETH)-based exchange-traded funds, North America’s first. “Having an easily accessed ETF in Canada changes the competitive landscape,” Campbell Harvey, professor of international business […]Read More

Bitcoin

Regulated Bitcoin and Ethereum funds have launched in Hong Kong

Hong Kong-based Huobi Asset Management announced the launch of Bitcoin (BTC), Ethereum (ETH), and mining-related funds for professional investors yesterday, it said in a release shared with CryptoSlate. “[We] offer professional investors the opportunity to build crypto ownership in a secure, reliable, and convenient manner via traditional fund products, which investors otherwise would have to […]Read More

Market

Crypto funds batting .000 against SEC

With more than 35 million customers, $21 billion in revenues and $3.8 trillion in discretionary managed assets, Fidelity Investments is one of the largest investment management companies in the world. It may need all its heft to break the losing streak of crypto-fund sponsors that have gone up against the United States Securities and Exchange […]Read More

Bitcoin

Morgan Stanley approves Bitcoin investments for a dozen new funds

American investment bank Morgan Stanley plans to allow a dozen of its funds to invest in Bitcoin via cash-settled futures and the Grayscale Bitcoin Trust (GBTC), according to its filing with the Securities and Exchange Commission published yesterday. “Certain Funds may have exposure to bitcoin indirectly through cash settled futures or indirectly through investments in […]Read More

Bitcoin

US bank Morgan Stanley to launch three Bitcoin funds

Morgan Stanley will soon launch two Bitcoin-focused funds as demand for cryptocurrencies picks up among institutional clients, reported business outlet CNBC on Thursday, citing two people with knowledge of the matter. The bank has, so far, remained wary of introducing crypto services or implementing tools that aid the adoption and use of the asset class. […]Read More