All by tag: ETF

The launch of such products on the Cboe stock exchange was planned by investment companies VanEck and 21Shares

QR Asset and Vortx will be the issuers of the first such product

The Fidelity Physical Bitcoin ETP tracks the price movements of the first cryptocurrency and is 100% physically backed by bitcoin

The product was launched a week ago and has already raised over $600 million

According to the company’s senior executive, new products based on digital assets are necessary for diversification

New funds attracted almost $591 million

The exchange’s representatives called the approval of cryptocurrency exchange-traded funds by the US regulator an important milestone in the development of the crypto economy

Trading in the shares is expected to open on the NYSE, CBOE, and Nasdaq stock exchanges on July 23

Trading of new products in the United States will begin on July 23

The fee will be as much as 2,5% compared to 0,25-0,19% for competitors

If the regulator’s requirements are met, trading in the new products could begin as early as July 23

It had previously placed the HODL fund from US-based VanEck