According to the recent developments, Samsung Group's Investment arm, which has been recently active in the crypto industry, is set to list an Exchange-traded fund on blockchain on the Hong Kong Exchange in the first half of 2022. This action of the giant is in accordance with several other investment
Tag: ETF
Grayscale Hints at Plans to Convert Bitcoin Trust into BTC-settled ETF
Grayscale, an institutional investment firm, recently announced its plans to convert its Bitcoin trust into a settled exchange-traded fund (ETF). The decision was made known by Barry Silbert, CEO of Grayscale’s parent company, Digital Currency Group. Silbert hinted that the investment giant is planning to convert its Bitcoin trust into
Alternative Ways to Invest in Cryptocurrency
Cryptocurrency investment is becoming a bigger phenomenon by the day. This past February, Business Insider pegged the number of global crypto users at over 200 million, which is fairly astounding when you think about where cryptocurrency was just five years ago. And yet, despite the growing number of investors around
US SEC Plays the Waiting Game on Bitcoin ETF
With so much hostility towards the cryptocurrency industry as a whole, there was never going to be a quick answer as to whether or not the US Securities and Exchange Commission (SEC), a department of the federal government, would allow two Bitcoin exchange-traded funds (ETFs) to go ahead. A decision in their