In a widely expected move, the SEC denied VanEck approval for its Bitcoin exchange-traded fund to trade on Cboe Global Markets Inc., marking the first ruling on the subject since the initial Bitcoin futures ETFs launched. Though many analysts have been predicting an Ether-futures ETF will be the next iteration to reach the market, the […]
These trusts look a lot like mutual funds, so don’t confuse them with the kind of trusts that are associated with estate planning. Although I’m not going to tell you why they are called trusts, I will tell you why the digital asset community has created them. You could mine for Bitcoin, but that’s like […]
In late April, the SEC decided to postpone a decision on this pending ETF until mid-June. This ETF is actively managed and would use Generally Accepted Accounting Principles to value the Bitcoin it holds. SkyBridge, the hedge firm led by Anthony Scaramucci, would be responsible for daily portfolio management. Fidelity Digital Assets launched in 2018, […]
Folks who distrust the government, eschew paper assets and fear inflation wrought by monetary and political instability. Also, gold’s performance against inflation, deflation and the dollar is iffy at best — and when the world collapses, it won’t be gold you want but bullets and whiskey. They also note that gold dealers, prices and fees […]