Today news
About the same in other media
Asset manager Bitwise pulls plan for a bitcoin ETF
Reading now: 947
fnlondon.comA second firm has halted the launch of a bitcoin futures exchange-traded fund, calling the products too costly for many investors.
Bitwise Asset Management late on 10 November withdrew its proposal to roll out a bitcoin ETF this month, the company said in a regulatory filing. Matt Hougan, Bitwise’s chief investment officer, said the fund would have faced a number of fees and added expenses tied to rolling futures contracts from one month to the next, as well as supply problems within the futures market itself.
“These...
Read more on fnlondon.comAbout this in other media
El Salvador plans first 'Bitcoin City', backed by bitcoin bonds economictimes.indiatimes.com /2 years ago
FCA’s lead supervisor for asset managers quits: “It’s a big loss” fnlondon.com /2 years ago
Slow Start for Third Bitcoin ETF, Lower Costs Could Attract More Capital cryptonews.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
