Crypto asset manager Bitwise has launched the first US spot exchange-traded product tracking NEAR, which gives investors exposure to the token through fund trading on the NYSE Arca. The Bitwise NEAR ETF, trading under the ticker NRR, carries a 0.75% management fee and will hold NEAR directly with the intention of holding a significant portion … Read more
Billions are being returned to bitcoin exchange-traded funds (ETFs), but statistics alone don’t reveal how much demand comes from institutions, according to CoinShares. US crypto investment products attracted nearly $4.1 billion in September, with BlackRock’s iShares Bitcoin Trust ETF (IBIT) accounting for more than 53% of those inflows, James Butterfill, head of research at CoinShares, … Read more
Grayscale’s ZCash ETF ( ZCSH ) plans a 3-for-1 forward share split, according to a filing with the US Securities and Exchange Commission. At the end of trading on September 28, shareholders will receive two additional shares for each of them, according to the filing. According to a grayscale, the forward split is expected to … Read more
The new ASSX fund offers 2x daily exposure to Strive shares, giving traders a convenient way to bet on bitcoin treasury companies. REX Shares and Tuttle Capital Management have launched a leveraged ETF that seeks to double the daily performance of Strive, a publicly traded bitcoin treasury company and asset manager. T-REX 2X LONG ASST … Read more