Bitcoin ETF Issuer VanEck Has Huge Crypto Growth Goals in Europe
VanEck, a 69-year-old asset manager with a history of bringing newfangled investments to customers, has high hopes for the role crypto will play in its European division.
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VanEck, a 69-year-old asset manager with a history of bringing newfangled investments to customers, has high hopes for the role crypto will play in its European division.
As the protocol evolves, new layers could emerge bringing new use cases and more users, the report said.
BlackRock’s iShares Bitcoin Trust ETF (IBIT), by far the most successful of the 10 spot bitcoin exchange-traded funds, started trading on the Brazilian stock exchange B3, the company said. The asset manager announced the expansion on Thursday.
The controversial layer-2 network had taken $2.3 billion in deposits since November as it prepared for launch, but within 24 hours of going live, that figure had dwindled to $650 million.
The question some are now asking is whether the famously conservative firm will pivot on crypto.
Two Wall Street wealth management giants, Bank of America’s Merrill Lynch and Wells Fargo, are adding spot bitcoin exchange-traded funds to their brokerage platforms, Bloomberg reported, citing people familiar with the matter.
The bitcoin production cost has historically acted as a lower boundary to the cryptocurrency’s price, the report said.
In the world of digital assets, real world assets on-chain private credit brings the process of lending and borrowing against real-world assets onto a blockchain.
IOTA’s recently-launched Ecosystem Foundation is making its first series of investments, committing $10 million to to early-stage startups focused on digital trade and tokenization of real world assets (RWAs).
MXM, MixMob’s governance token on the Solana blockchain, operates the MXM Esports League and incentivizes players.