“New Asset class is tip of the iceberg. Exchange trade products allow trading through regular investment accounts, bypassing the hassle and security concerns of cryptocurrency Exchanges,” states Torus Kling Blockchain IFSC CEO Krishna Mohan Meenavalli.
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Jacobi has recently received approval from Guernsey Financial Services Commission (GFSC) to launch the world’s first “tier one Bitcoin ETF”
“We believe a multitude of investors have been eagerly awaiting the launch of a bitcoin-linked ETF after years of efforts to launch one,” states ProShares CEO Michael L. Sapir.
“This is an exciting moment for Europe as regulatory approval comes ahead of those waiting for a decision from the U.S. Securities and Exchange Commission,” states CEO Jamie Khurshid.
Companies like MicroStrategy will be part of the portfolio which are big advocates of Bitcoin and decentralized economy.
United States, March 26, 2021 /AlexaBlockchain/ – Fidelity Investments is planning to launch a Bitcoin ETF as the investment giant works to build its business in digital assets and…
The first North American Bitcoin ETF will be managed by Purpose Investments Inc., Cidel Trust Company (a subsidiary of Cidel Bank Canada) will work as its custodian and Winklevoss brother’s Gemini as the sub-custodian.