Source: BTC Times Hong Kong’s spot Bitcoin ETFs have reached over HK$2 billion ($272M) in AUM, highlighting growing institutional interest in Asia. Hong Kong’s three spot Bitcoin exchange-traded funds (ETFs) have collectively amassed over HK$2 billion (approximately $272 million) in assets under management since their launch earlier this year. This follows Hong Kong’s approval of… Continue reading Hong Kong Bitcoin ETFs Reach HK$2 Billion in Assets Under Management
Tag: ETF
BlackRock’s ETHA Becomes First Ethereum ETF to Cross $1B in Net Inflows
Source: CoinDesk ETHA holds over $860 million in net assets. Only Grayscale’s mini ether trust (ETH) and Ethereum trust (ETHE) have more. Its net inflows are more than the next three highest ETF inflows combined. BlackRock’s iShares Ethereum Trust (ETHA) has surpassed $1 billion in cumulative net inflows, making it the first among 11 issuers… Continue reading BlackRock’s ETHA Becomes First Ethereum ETF to Cross $1B in Net Inflows
SEC approves rule change to allow creation of ether ETFs
Source: CNBC Key points The decision comes less than six months after the SEC approved bitcoin ETFs. Those funds have proven to be a big success for the industry, with net inflows already surpassing $12 billion, according to FactSet. Ether ETFs are expected to be smaller, at least initially, than their bitcoin counterparts. The SEC… Continue reading SEC approves rule change to allow creation of ether ETFs
SDAX launches first-of-its-kind securitised gold tokens
Source: The Edge Singapore Singapore-based digital assets exchange SDAX has partnered with Oman’s Muscat Precious Metals Refining Company to launch a tokenised gold product on its platform. The MPMT Gold Token allows investors to acquire gold tokens in a securitised form, issued by an independent trust and backed by physical gold bullion held in vaults… Continue reading SDAX launches first-of-its-kind securitised gold tokens
