New Bitcoin ETF Proposal Filed With SEC by Gold Fund Veteran

October 29, 2019
Delaware-based asset manager Kryptoin Investment Advisors applied with the United States Securities and Exchange Commission (SEC) to launch a Bitcoin (BTC) Exchange Traded Fund (ETF) on Oct. 15. A Bitcoin ETF on the New York Stock Exchange According to the filing document published by the SEC, the Kryptoin Bitcoin ETF Trust is meant to be

Wilshire Phoenix Updates Its Bitcoin ETF Filing With SEC

October 21, 2019
The United States Securities and Exchange Commission (SEC) has once again begun accepting public comments regarding the updated Bitcoin (BTC) exchange-traded fund (ETF) proposal by Wilshire Phoenix Fund. According to the official document published on Oct. 15, investment management firm Wilshire Phoenix and exchange NYSE Arca have filed an amendment to their Bitcoin ETF application

US SEC Chair: BTC Won’t Be on Major Exchanges Without More Regulation

September 23, 2019
United States Securities and Exchange Commission (SEC) Chairman Jay Clayton has said Bitcoin (BTC) needs stronger regulation in order to be traded on a major exchange. Consider the Nasdaq CNBC reported on Sept. 19 that Clayton made his remarks at the Delivering Alpha conference. Warning investors to be wary, he added: “If [investors] think there’s the same

VanEck, SolidX to Offer Limited Bitcoin ETF for Institutions Via Exemption

September 6, 2019
Following another delay on Bitcoin exchange-traded funds (ETFs), asset managers VanEck and SolidX plan to offer a limited version of their Bitcoin ETF to institutional investors. VanEck Securities and SolidX Management want to start selling shares in a limited version of a Bitcoin ETF, using a rule that exempts the shares from securities registration, under

New Cryptocurrency-Based ETP Arrives in Switzerland

November 21, 2018
Amun AG, a startup in Zug, Switzerland, has received a license from Swiss authorities to offer a new cryptocurrency exchange-traded product (ETP). An ETP is a blanket term to denote a security that derives its price from an underlying asset (e.g. a currency, commodity, stock) and is traded on a regulated stock exchange. It could refer to

In 2014 silver forecasts, analysts don’t offer much hope

December 30, 2013
2013.12.30 Silver’s 2013 numbers tell a sad story. The precious metal’s spot price has dropped more than 30% since the beginning of the year, falling from over $30 per ounce in January to about $20 at the end of December. Meanwhile, shares of iShares Silver, the largest silver ETF, have lost 35%. According to Kitco,

China October gold imports surge to second highest ever

December 11, 2013
2013.12.11 Overnight, China reported its biggest trade surplus in almost five years, when November net exports hit $33.8 billion, up from $31.1 billion in October, and 50% above the $21.2 billion consensus estimate. This was driven by a surge in exports which rose by 12.7% (more than the 7% expected), while imports rose by a slightly disappointing