Bitwise Tops Bitcoin ETF Low-Fee Table, While Grayscale Bets on Size
Just one potential spot bitcoin ETF issuer has set a management fee above 1% as many of the others are asking for less than 0.5%.
Just one potential spot bitcoin ETF issuer has set a management fee above 1% as many of the others are asking for less than 0.5%.
While the industry eagerly awaits the U.S. regulator’s decision on spot bitcoin ETFs, Gary Gensler is on X warning investors that crypto is rife with scams.
Upbit said it is “poised to expand [its] range of offerings,” having acquired a MPI license.
The Grayscale Bitcoin Trust’s (GBTC) $27 billion of bitcoin and $350 million of daily volume gives Grayscale an advantage versus BlackRock and other wannabe rivals, according to Bloomberg’s Eric Balchunas.
Lazarus Group, said to have been behind some $3 billion worth of cryptocurrency hacks and exploits over the past three years, appears to be moving around some of its hoard. The group holds $79 million in wallets tagged by the blockchain analysis firm Arkham.
The latest price moves in crypto markets in context for Jan. 8, 2024.
TRM Labs’ analysis was published in a report Monday that reviewed 2023 küresel crypto policy in 21 jurisdictions which represent 70% of küresel crypto exposure.
Grayscale, which has some $27 billion in assets under management (AUM), said it was adding Jane Street, Virtu, Macquarie Capital and ABN AMRO Clearing as authorized participants (APs), in an updated S3 filing on Monday.
BlackRock said its fee will start at 0.20%, rising to 0.30%.
The Treasury’s next quarterly debt announcement may not turn out as much a tailwind for risk assets as the previous one did.