Asset management giant Vanguard has reportedly decided not to allow the purchase of spot Bitcoin exchange-traded funds (ETFs) on its platform, a move that has led some customers to consider leaving. The company stated that it will not offer the new spot Bitcoin ETFs on its brokerage platform as they do not align with its […]
Cathie Wood, the founder and CEO of Ark Invest, has been a prominent figure in the media discussing the first US-approved spot Bitcoin ETF (Exchange Traded Fund). Both Wood and her asset management firm have been long-term advocates of the cryptocurrency.In a recent interview with the Schwab Network, Wood revealed that approximately 25% of her […]
The inaugural day of trading for a new collection of Bitcoin exchange-traded funds (ETFs) was a resounding success, with BlackRock, Grayscale, and Fidelity’s ETFs leading the pack in total volumes. However, one issuer didn’t get off to the anticipated start.According to data aggregated from Yahoo Finance, the total volume across ten of the spot Bitcoin […]
The Basler Kantonalbank (BKB) is bolstering its expertise in the foreign capital market by bringing a long-standing UBS executive on board. Richard Bärlocher will take over the care of Swiss bond issuers at BKB from January 1, 2024. This appointment of the experienced manager in the Origination Debt Capital Markets area is intended to strengthen […]
Germany is paying nearly 40 billion in interest on all its debts. Meanwhile, most Swiss pension funds achieved a positive performance in December, following a good November. The average return for 2023 was 4.92 percent, according to UBS.Investments in Frankfurt office properties fell by more than 90 percent in 2023, a much steeper decline than […]
Major crypto data aggregator, Coingecko, recently fell victim to a hacking incident where its official accounts were briefly taken over. The hackers used this opportunity to promote a fake token launch and airdrop. This incident marks the second such hack within a 24-hour period, with the U.S. Securities and Exchange Commission’s account also being compromised.Coingecko […]
Ripple’s Chief Technology Officer, David Schwartz, has recently addressed rumors regarding the company’s XRP sales. It was alleged that these sales were the reason behind the stagnant price movement of XRP. However, Schwartz has clarified that the figures showing Ripple’s monthly XRP sales tripling in December are inaccurate. He has assured that the upcoming XRP […]
Dogecoin is experiencing another surge, largely due to an announcement from social media platform X, previously known as Twitter. The platform has revealed its plans to implement a long-awaited payments system, which is expected to significantly impact Dogecoin’s price. The new system is set to go live in 2024.In a post by X Business, the […]
Mizuho, a Japanese bank, is making strategic moves to expand its global dealmaking team. As part of this expansion, the bank has recently hired a UK investment banking veteran, Tim Waddell, to join its board. Waddell’s appointment comes as Mizuho seeks to grow its investment bank in Europe.Waddell, who has spent decades at large investment […]
The United States has witnessed the commencement of trading for its first-ever spot Bitcoin exchange-traded fund (ETF), a day following its approval by the Securities and Exchange Commission (SEC). BlackRock’s iShares Bitcoin Trust, bearing the ticker symbol IBIT, initiated trading in the pre-market and has seen a rise of 22.25%, trading at $26.81. The iShares […]
