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Iconic Funds to Issue First Exchange Traded Product for Bitcoin on a Regulated Market

Iconic Funds to Issue First Exchange Traded Product for Bitcoin on a Regulated Market

Iconic Funds, a global crypto asset management firm, has said it will issue an Exchange Traded Note (ETN) for Bitcoin of up to 100,000,000 Notes, tracking the NYSE Bitcoin Index (Ticker: NYXBT). The Notes may be subscribed to by qualified investors with both EUR and BTC, with a minimum subscription size of 100,000 Notes and an issue price of €1,00 per Note. Iconic Funds will apply for admission to trading of the Notes on the regulated market of the Luxembourg and Frankfurt Stock Exchanges in Q4 2019. The Notes will have a German ISIN.

What Is a Bitcoin ETF?

What Is a Bitcoin ETF?

Bitcoin ETF is a type of security that tracks the overall price of Bitcoin and enables investors to trade and purchase shares of it on traditional exchanges.

China is Expecting its First-Ever Blockchain Exchange-Traded Fund

China is Expecting its First-Ever Blockchain Exchange-Traded Fund

Shenzhen is expecting its nation’s first exchange-traded fund (ETF) that will track blockchain-themed stocks as underlying assets.

Swiss SIX Exchange Launches Bitcoin and Ether Exchange-Traded Product

Swiss SIX Exchange Launches Bitcoin and Ether Exchange-Traded Product

Fintech firm, Amun and crypto custodian Bitcoin Suisse and announced today of the launch of its Swiss Franc denominated Amun Bitcoin Suisse BTC/ETH exchange-traded product (ETP). This ETP, a combination of Bitcoin and Ether, has gone live on the Swiss stock exchange, SIX.

German Deutsche Borse Exchange Seeks to Launch New Bitcoin Exchange-Traded Product for Trading

German Deutsche Borse Exchange Seeks to Launch New Bitcoin Exchange-Traded Product for Trading

Bitcoin the world’s largest cryptocurrency is making another notable milestone in crypto history as it will be the first crypto asset listed as an exchange traded product (ETP). The company announced the exchange-traded product, popularly known as the Bitcoin exchange-traded crypto (BTCE) - is Bitcoin-backed security that would be listed and traded on Deutsche Borse’s Xetra market-based in Germany. ETP is a financial instrument whose value is based on the underlying security (such as currencies, bonds, and stocks) and is traded on stock exchanges.

CBOE Seeks SEC Approval to List First Bitcoin Exchange-Traded Product in US

CBOE Seeks SEC Approval to List First Bitcoin Exchange-Traded Product in US

Equities market operator, CBOE global markets, has submitted a filing proposal to the SEC to list and trade shares of VanEck’s Bitcoin Exchange Traded Fund (ETF).

Coinbase Going Public via Direct Listing on Nasdaq to be Expected as SEC Publishes Registration Statement

Coinbase Going Public via Direct Listing on Nasdaq to be Expected as SEC Publishes Registration Statement

Coinbase cryptocurrency exchange is officially going to be listed on NASDAQ as a publicly-traded company.

Brazil Becomes the First Latin American Country to Get Its First Bitcoin ETF

Brazil Becomes the First Latin American Country to Get Its First Bitcoin ETF

Brazil’s regulator has approved the first ever Bitcoin exchange-traded fund in Latin America.

Wilshire Phoenix Files for Publicly Traded Bitcoin-Backed Fund Approval Seeking to Challenge Grayscale’s Dominance

Wilshire Phoenix Files for Publicly Traded Bitcoin-Backed Fund Approval Seeking to Challenge Grayscale’s Dominance

The New York-based investment company, Wilshire Phoenix has filed the s-1 registration statement with the SEC for a publicly-traded Bitcoin fund in accordance with regulatory requirements.

Investment Funds for 2020 | Index Funds Centralized Decentralized and the Blockchain

Investment Funds for 2020 | Index Funds Centralized Decentralized and the Blockchain

On the outset, this article has been written to put in perspective Index Funds as we know them, which new kind of Index Funds are developing with Cryptocurrencies (Digital Assets) and what developments are taking place in the Global Capital Markets with Blockchain developments.

Morgan Stanley Becomes First US Bank to Offer Bitcoin Funds to Its Clients

Morgan Stanley Becomes First US Bank to Offer Bitcoin Funds to Its Clients

Morgan Stanley is offering its clients access to Bitcoin (BTC) investments.

US SEC Shoots Down Latest Bitcoin ETF, Commissioner Crypto-Mom Dissents on Ruling

US SEC Shoots Down Latest Bitcoin ETF, Commissioner Crypto-Mom Dissents on Ruling

The US Securities and Exchange Commission (SEC) has rejected yet another bid for a bitcoin-based exchange-traded fund (ETF), this time from New York-based Wilshire Phoenix.

Chainalysis: Venezuela’s State-Owned Crypto Exchange Possibly Used by Maduro Regime to Launder Funds

Chainalysis: Venezuela’s State-Owned Crypto Exchange Possibly Used by Maduro Regime to Launder Funds

Blockchain analysis company Chainalysis wanted to find out whether the claims of whether Petro aiding Venezuelans are true.

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