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Fund Manager Wisdomtree Files With SEC to List Ethereum ETF on Cboe BZX
28.5.2021
The financial asset manager, Wisdomtree, is now the second institution to file for an ethereum-based exchange-traded fund (ETF), following Vaneck’s recent filing on May 7. The recently filed S-1 with the U.S. Securities and Exchange Commission (SEC) says the fund’s “investment...
US Convenience Store Chain Sheetz to Accept Cryptocurrencies for Payments
28.5.2021
The American chain of convenience stores and coffee shops, Sheetz, announced on Thursday that the firm would be accepting digital currencies like bitcoin, ether, and dogecoin for payments. The major Mid-Atlantic chain’s executive payments manager says accepting crypto-asset acceptance...
Apple Hiring Manager With Cryptocurrency Experience to Launch New Alternative Payments Programs
28.5.2021
Apple Inc. has posted a job notice for a business development manager with cryptocurrency experience. “This position will be responsible for the end-to-end business development, including screening partners, negotiating and closing commercial agreements, and launching new programs,”...
Apple seeks to hire 'alternative payments' manager with crypto experience
26.5.2021
"The Apple Wallets, Payments, and Commerce (WPC) team is seeking an experienced Business Development Manager to lead Alternative Payments Partnerships," the job post reads
Fund Manager One River Files SEC Prospectus for Carbon Neutral Bitcoin ETF
25.5.2021
On Monday, the crypto asset fund manager One River filed a unique bitcoin exchange-traded fund (ETF) registration with the U.S. Securities and Exchange Commission (SEC). According to the Form S-1 filed, One River wants to list a carbon-neutral bitcoin ETF on the New York Stock Exchange (NYSE)....
Fund Manager Bill Miller Unfazed by Falling BTC Price, Says Bitcoin Correction Is ‘Pretty Routine’
21.5.2021
The founder and chief investment officer of Miller Value Partners, Bill Miller, is not disturbed by the falling price of bitcoin. While acknowledging that the price drop looks extreme when compared to the stock market, he says it is “pretty routine” for the cryptocurrency. Bill Miller...
Bank of America Survey: ‘Long Bitcoin’ Is Most Crowded Trade, 75% of Fund Managers See BTC as Bubble
19.5.2021
The most recent Bank of America Fund Manager Survey finds that the most crowded trade is “long bitcoin.” Nonetheless, 75% of fund managers say the cryptocurrency is in a bubble zone. Fund Managers Say Long Bitcoin Is Most Crowded Trade but Most See Bubble The Bank of America (BoA) Fund...
Ark Invest: Bitcoin Mining Net Positive to Environment, Concerns of BTC’s Energy Consumption Are Misguided
18.5.2021
Following concerns raised by Tesla CEO Elon Musk about Bitcoin’s energy consumption, global asset manager Ark Investment Management explained that the concerns are “misguided.” Referring to its research using real-world data, the investment firm emphasized that “the impact...
Final Fantasy Has A New Brand Manager
17.5.2021
For over a decade, Shinji Hashimoto was the brand director for Square Enix’s Final Fantasy. He has stepped down, and Kitase has become his successor last month.Read more
Stan Druckenmiller: US Will Likely Lose Reserve Currency Status in 15 Years, Hard to Unseat Bitcoin as Store of Value
13.5.2021
Legendary fund manager Stanley Druckenmiller says that he is worried that within 15 years the U.S. dollar will lose its world’s reserve currency status. He said that crypto is a solution to the lack of trust in Fed Chairman Jerome Powell “and the rest of the world’s central...
Major Brazilian crypto asset manager secures $26M funding
12.5.2021
Coinbase and SoftBank have participated in a $26 million funding round for Latin America’s largest crypto asset management firm
Wealth Manager Vaneck Files Application for an Ethereum ETF, Aims for Cboe BZX Listing
8.5.2021
Public documents show the wealth manager Vaneck has applied for an ethereum based exchange-traded fund (ETF). Vaneck Digital Assets’ Form S-1 filing with the Securities and Exchange Commission (SEC) was filed on May 7, while the company’s bitcoin-based ETF is still under review. While...
Osprey Polkadot Trust Arrives as Institutional Interest in Altcoins Swells
6.5.2021
The newest investment trust tracking polkadot echoes other moves by the fund manager to make cryptos accessible via traditional equity markets and satisfy growing investor demand as interest in ETPs mounts. Low-Fee Offering to be Launched on OTCQX Market Bitcoin may have been the first crypto...
The NFL Gets a Taste of Crypto as Grayscale Partners With the New York Giants
6.5.2021
The world’s largest cryptocurrency asset manager Grayscale Investments has announced the first partnership with a National Football League (NFL) team. Grayscale will be the official digital currency asset management partner for the New York Giants and will sponsor a number of events....
Bitcoin Is Number One Pick — Asset Manager Confident BTC Will Take Him ‘to the Top’ in Stock Draft Competition
3.5.2021
At CNBC’s Stock Draft, an annual stock-picking competition, bitcoin was the number one pick. Tim Seymour, the founder of Seymour Asset Management, believes that the government will come out with regulations that support bitcoin. He is confident that the cryptocurrency will take him “to...
USD 16B Manager Wealthfront Goes Crypto, Metamask Boom, Delayed Bitcoin ETF + More News
28.4.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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The California-based digital wealth robo-adviser management firm with around USD 16bn assets under management, Wealthfront will open...
Bitcoin price nears $55K as fund manager ‘still sees $100K’ in 2021
27.4.2021
Some analysts still expect six-figure Bitcoin prices this year despite the recent market panic
Fund Manager Bill Miller Says Bitcoin Is Not a Bubble — BTC Entering Mainstream as Demand Grows Faster Than Supply
26.4.2021
Bill Miller, the founder and chief investment officer of Miller Value Partners, does not think bitcoin is a bubble. Instead, he said it is at the beginning of mainstream adoption. Remaining bullish on the cryptocurrency, the famed value investor explained that bitcoin’s price will rise as...
Investment Manager Guggenheim Warns of ‘Major Correction’ in Bitcoin
22.4.2021
Guggenheim CIO Scott Minerd has warned of a “major correction” in bitcoin in the near term. Claiming that bitcoin is “very frothy,” he is forecasting a 50% decline in the price of the cryptocurrency. Scott Minerd’s Latest Warning About Bitcoin The chief investment...
Bank of America Survey: 74% of Fund Managers See Bitcoin as a Bubble
19.4.2021
The most recent Bank of America Fund Manager Survey shows that about three out of four professional investors think that bitcoin is a bubble. The fund managers also rated bitcoin second on the list of the most crowded trades. Recently, investment bank JPMorgan also warned that cryptocurrency as...