Tags : Fund

Bitcoin

Why this fund manager expects a major pullback in stocks

Why this fund manager expects a major pullback in stocks and Bitcoin soon Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Edge › Bitcoin › Analysis Economic uncertainty is high as David Tice reminds us that money printing has consequences. Samuel Wan · July 19, 2021 […]Read More

Bitcoin

VanEck files Bitcoin ‘mutual fund’ with SEC even as ‘whales’

Exchange-traded funds (ETFs) and mutual fund provider VanEck has filed for a new Bitcoin fund in the US, a filing with the Securities and Exchange Commission (SEC) shows. Routed via Cayman Islands Called the new “Bitcoin Strategy Fund,” the instrument will invest in Bitcoin “futures” and other publicly traded financial products that provide exposure to […]Read More

Bitcoin

$270 billion fund Guggenheim is seeking Bitcoin exposure, SEC filing

Guggenheim Partners, one of the world’s largest fund managers with $270 billion in client assets under management, is seeking exposure to Bitcoin as part of a new fund, a filing with the US Securities and Exchange Commission (SEC) showed yesterday. They are coming for Bitcoin The fund, officially the ‘Guggenheim Active Allocation Fund,’ will invest […]Read More

Bitcoin

US bank BNY Mellon blames “no exposure to Bitcoin” for

US bank BNY Mellon says one of its technology-focused funds had underperformed the market because it wasn’t exposed to companies investing in Bitcoin, a filing from yesterday showed. As of the second quarter of 2020, BNY Mellon is the world’s largest custodian bank and asset servicing company, with over $2.0 trillion in assets under management […]Read More

Bitcoin

A $1.45 billion Bitcoin fund is soon listing on NASDAQ

3IQ Corp, the company behind a $1.45 billion Bitcoin Fund listed on the Toronto Stock Exchange (TSX), is gearing up to list it on Nasdaq Dubai, local outlet The National reported today. “We’re aiming for listing in the second or third week of May and trading by the end of May. Listing the fund on […]Read More

Bitcoin

Evolve Fund Files for Ethereum ETF after Bitcoin Approval in

Just weeks after opening a Bitcoin (BTC) exchange-traded fund, Evolve Fund has opted to file for a similar ETF product based on Ethereum (ETH). With $1.7 billion assets under management, Evolve is a Canadian-based ETF provider that specializes in “bringing disruptive innovation ETFs to Canadian investors.”  Just a month prior, Evolve Funds scored an approval […]Read More

Cryptocurrency

Major Dubai crypto fund to sell $750M worth of BTC

FD7 Ventures, a Dubai-based crypto investment fund with $1 billion under management, has announced plans to sell off $750 million worth of their Bitcoin holdings in the next month. The proceeds from the sell-off will be used to purchase Cardano and Polkadot, as the fund’s managing director says he believes ADA, DOT, and ETH will […]Read More