The products continue to receive billions of dollars in weekly inflows. The latest data from CoinShares reveals a record $2.45 bn was funnelled into crypto ETFs last week, with Bitcoin (BTC) constituting 99% of those funds. Consequently, BTC reached a yearly high of $52,868. Most appealing to investors was BlackRock's IShares Bitcoin ETF, which attracted…
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Jean-Marie Mognetti, Chief Executive Officer of CoinShares, commented: We are delighted to launch HAL under CoinShares. We acquired Napoleon, which created Napbots, because we could immediately see our common goals: to democratise access to, and educate investors about, trading crypto assets. In a new, still-evolving ecosystem, we are very proud to be at the cutting…
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Additionally, the AIFM licence carries a passporting regime which allows CoinShares to provide and market services and products throughout the European Union. The deal will also boost the company’s offering by leveraging active investment strategies based on algorithmic trading and artificial intelligence for digital assets built by Napoleon Asset Management quants teams. Jean-Marie Mognetti, Chief…
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Rankin currently serves as Senior Vice President, Corporate Control of Veoneer, a worldwide leader in automotive technology. She has also worked for companies like Spotify, NASDAQ and Cherry AB. Fritzén, on the other hand serves as non-executive director on the boards of Avanza Bank Holding AB, StickerApp Sweden AB and others. He held the positions…
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Macrobond, provider of global economic, aggregate financial and sector data for finance professionals, revealed that Stockholm-based Erik Penser Bank is using Macrobond to deliver critical data and modelling tools to interpret market events. Erik Penser Bank’s asset managers mine financial, corporate, sustainability and macroeconomic data to help from their allocation strategies and tailor solutions for…
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The acquisition by CoinShares is unlikely to cause any changes to how Global Blockchain Equity will operate. The only real impact on its operations is that the size of CoinShares will be able to increase the scope of Global Blockchain Equity. The deal is expected to allow significant growth and the company will be able…
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The Swiss Exchange welcomed VanEck ETP AG as a new issuer of Exchange Traded Products (ETPs). VanEck ETP AG adds 4 new listings which makes a total of 100 ETPs and Structured Products with cryptocurrencies as underlyings are offered for trading at SIX Swiss Exchange. SIX has recorded trading volumes of CHF 4.6 billion on…
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The new CoinShares physical bitcoin ETP is available in four trading currencies. With it investors on the Swiss Stock Exchange now have a selection of 22 Bitcoin ETPs and structured products, while the number of ETP issuers rises to seven, following the recent arrival of ETC Group on 13 January 2021. Trading turnover in crypto…
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Daniel Masters, Executive Chairman of CoinShares commented: Robustly researched and documented index products were the catalyst for institutional adoption of commodities in the late '90's through the advent of the Goldman Sachs Commodity Index. This crypto and gold index aims to do the same, by using academic research and its benchmark regulated status to pass…
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BlockEx, CEX.IO, Coinbase, CoinShares, CommerceBlock, CryptoCompare, and eToro informed that they have joined together to launch a self-regulatory trade body – CryptoUK – to improve industry standards and engage policy makers on the future of the sector. CryptoUK will work to raise understanding of the sector at a time of significant growth in popularity and…
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