The waiting list for the BTC ETF approvals includes Trust Skybridge, Fidelity Tree, Wilshire Phoenix among others.
WisdomTree is the second to apply for an ETH ETF. Asset manager VanEck had filed an application to create an Ether-focused exchange-traded fund earlier this month.
This will be the first-of-its-kind Bitcoin ETF that will acquire carbon credits against the Bitcoin use with each of the MCO2 tokens representing certified reductions in greenhouse emissions.
SPCE stock has now lost over 50% of its value since ARKX began trading back in the latter stages of March when it debuted on the market with a total stake of almost 672,000 shares of Virgin Galactic which was worth $20 million at that time.
The goal of the BITQ crypto ETF is to provide public companies with the exposure to crypto space without directly holding the digital assets.
The Cboe is known to be backing VanEck’s Bitcoin ETF move, which is similarly under consideration by the SEC.
The product dubbed VanEck Vectors Digital Assets Equity UCITS ETF will be publicly available on the London Stock Exchange and Deutsche Boerse.
One of the funds launched by Huobi Asset Management is a private equity fund that will invest solely in cryptocurrency mining operations.
The target of 3iQ is not to sit back after the Dubai listing but to extend their product across exchanges in other countries.
Rothschild has been acquiring shares in the Grayscale BTC trust since 2017.
JPMorgan says that the widening gap between the Bitcoin spot price and the futures price is an indication institutional investors are yet to fully access the cryptocurrency market.
Looking at the strong demand for Bitcoin ETF from institutional players, Grayscale doesn’t want to lose its market dominance and is willing to navigate to the ETF market.
According to Form S-1 filed by Fidelity Investments, the ETF will be called Wise Origin Bitcoin Trust.
Hopes are high on this current submission because there has been a growing demand for a Bitcoin ETF in the United States.
Sources familiar with the matter said that the banking giant is willing to offer its wealth management exposure to Bitcoin via some products instead of direct ownership.