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Investment manager Grayscale has reached a new milestone in its assets under management. According to a tweet published by the company on Wednesday, the firm now manages $40 billion worth of assets, $33.1 billion of which is allocated to the Grayscale Bitcoin Trust. The developments represent remarkable growth in
New York Digital Investment Group (NYDIG) applied with the U.S. Securities and Exchange Commission (SEC) to launch a Bitcoin exchange-traded fund (ETF). According to documents published by the regulator, NYDIG filed an S-1 in an attempt to launch a Bitcoin ETF on Feb. 16. The papers cite NYDIG Trust
Popular finance news and information site The Motley Fool has become the latest firm to allocate capital to Bitcoin. Of note, the company is a private firm, unlike other institutional Bitcoin players such as MicroStrategy. In a Twitter thread, the firm wrote that they will be buying $5 million worth
News • Bitcoin • Feb 18, 2021
Popular finance news and information site The Motley Fool has become the latest firm to allocate capital to Bitcoin. Of note, the company is a private firm, unlike other institutional Bitcoin players such as MicroStrategy. In a Twitter thread, the firm wrote that they will be buying $5 million worth
News • Bitcoin • Feb 18, 2021
Investment manager Grayscale has reached a new milestone in its assets under management. According to a tweet published by the company on Wednesday, the firm now manages $40 billion worth of assets, $33.1 billion of which is allocated to the Grayscale Bitcoin Trust. The developments represent remarkable growth in
News • Bitcoin • Feb 17, 2021
New York Digital Investment Group (NYDIG) applied with the U.S. Securities and Exchange Commission (SEC) to launch a Bitcoin exchange-traded fund (ETF). According to documents published by the regulator, NYDIG filed an S-1 in an attempt to launch a Bitcoin ETF on Feb. 16. The papers cite NYDIG Trust
News • Bitcoin • Feb 16, 2021
On Tuesday, MicroStrategy revealed its intent to raise $600 million through a new offering of convertible senior notes to buy more bitcoin. Just one day later, the firm is already upsizing the size of the round to $900 million. In an announcement early Wednesday morning, the business services company wrote
News • Bitcoin • Feb 16, 2021
According to a tweet from Jack Dorsey published on Friday, the Twitter CEO and artist Jay-Z will be giving 500 bitcoin to an endowment to fund Bitcoin development. 500 bitcoin is currently worth around $24 million, according to BTCTimes Bitcoin pricing data. The fund, called Btrust, will be focused on
News • Bitcoin • Feb 12, 2021
Deutsche Bank is planning to present its minimum viable product (MVP) for a digital asset custody platform aimed at institutional clients this year, according to a report by the World Economic Forum. The report itself was published in December of 2020, but initially received little attention. Alongside information on Bitcoin,
News • Business • Feb 12, 2021
The Ontario Securities Commission (OSC) approved what has been acclaimed as the first Bitcoin exchange-traded fund (ETF) in North America. A document published on official local public security documents repository Sedar reveals that the OSC approved the Purpose Bitcoin ETF for British Columbia, Alberta, Saskatchewan, Manitoba, Quebec, New Brunswick, Nova
News • Bitcoin • Feb 11, 2021