Crypto products hit with $305M outflow amid strong US economic data

CoinShares expects that crypto investment products will become increasingly sensitive to interest rate expectations in September.

View Details

Significance of Ethereum ETPs Versus ETFs: Key Differences and Implications

Explore the critical differences between Ethereum ETPs and ETFs, their implications for the crypto industry, and the broader financial market. (Read More)

View Details

Northern Trust introduces digital carbon credit trading platform

The Northern Trust Carbon Ecosystem will enable carbon credit transactions from issuance to retirement.

View Details

Valour to launch digital asset ETPs in Kenya

Valour is moving out of Europe to the green pastures of Africa by way of passporting.

View Details

OpenSea marketplace receives Wells notice from the SEC

CEO Devin Finzer pledged to stand up and fight any potential enforcement action the regulator might bring involving NFTs.

View Details

Ethereum accounts for 88% of crypto investment products $176 million inflow

Crypto investment products experienced significant inflows of $176 million as investors capitalized on recent price dips, according to CoinShares‘ latest weekly report. James Butterfill, the head of research at CoinShares, noted that the total assets under management (AUM) for crypto ETPs dipped to $75 billion amid the correction but have rebounded to $85 billion as […]

The post Ethereum accounts for 88% of crypto investment products’ $176 million inflow appeared first on CryptoSlate.

View Details

Ethereum ETFs see $2.2B in inflows as Bitcoin gains political backing

CoinShares revealed that digital asset investment products experienced net inflows of $245 million last week. According to the company’s weekly report, the trading volume for exchange-traded products (ETPs) rose to its highest level since May, at $14.8 billion, thanks to the launch of spot Ethereum ETFs in the US. Total assets under management (AUM) for […]

The post Ethereum ETFs see $2.2B in inflows as Bitcoin gains political backing appeared first on CryptoSlate.

View Details

Gaming blockchain Ronin records 2M daily active users: Token Terminal

Ronin blockchain surpasses every other blockchain in daily active users, recording a two million DAU count on July 29.

View Details

XRP ETP Launches on Nasdaq Stockholm Exchange

An XRP exchange-traded product (ETP) has launched on Nasdaq Stockholm, the premier stock exchange in the Nordic region. In an…

The post XRP ETP Launches on Nasdaq Stockholm Exchange first appeared on The Crypto Basic.

View Details

21Shares launches Injective ETP with staking on Euronext

INJ takes a spot among the largest cryptos with a financial product exposing it to traditional investors.

View Details

Injective (INJ) Unveils New Staking ETP in Collaboration with 21Shares

Injective (INJ)collaborates with 21Shares to launch AINJ, a new staking ETP offering INJ exposure and staking rewards via traditional finance venues. (Read More)

View Details

Crypto Investment Weekly Outflows Hit $584M, Bitcoin Loses $630 Million

The latest market update from digital asset firm CoinShares reveals that crypto-based investment products have recorded a second consecutive week…

The post Crypto Investment Weekly Outflows Hit $584M, Bitcoin Loses $630 Million first appeared on The Crypto Basic.

View Details

3iQ Sets Stage for Solana Surge with Proposed ETP on Toronto Stock Exchange

3iQ Digital Asset Manage­ment has made a significant stride in the­ Canadian digital asset market with its plan to introduce the­ Solana Fund, an exchange-traded product (ETP) base­d on Solana. This initiative showcases 3iQ’s pionee­ring effort as one of Canada’s leading investme­nt fund managers exclusively focuse­d on digital assets. If approved, the Solana Fund is […]

View Details

Konami partners with Avalanche for Resella NFT platform launch

Konami Digital Entertainment has teamed up with Avalanche to debut Resella, an intuitive NFT platform simplifying NFT creation, issuance and trading.

View Details

Leveraging YOLOv8 and NVIDIA JetPack 6.0 for Enhanced Traffic Insights

Explore how YOLOv8 and NVIDIA JetPack 6.0 can optimize traffic flow, enhance safety, and promote sustainability in urban environments through Intelligent Transportation Systems. (Read More)

View Details

CoinShares Rebrands XBT Provider, Targets Nordic Expansion

CoinSharesInternational Limited, a leading digital asset investment company, hasannounced the rebranding of its long-standing crypto ETP brand, XBT Provider,to "CoinShares XBT Provider." This move aligns with the company'sgroup strategy and sets the stage for expansion in the second half of 2024.

CoinShares Doubles Down onNordic Market with XBT Provider Rebrand

Since itsinception in 2015, CoinShares XBT Provider has been a pioneer in the crypto ETPspace, offering the world's first Bitcoin and Ethereum-based exchange-tradedproducts. With current assets under management (AUM) of $3.4 billion, thecompany has established itself as a trusted choice for Nordic investors seekingregulated crypto exposure.

As part ofits growth strategy, CoinShares is actively exploring new opportunitiestailored specifically for the Nordic market. Townsend Lansing, Head of Product at CoinShares, commentedon the potential for a new suite of next-generation products in the region.

OurCoinShares XBT Provider ETPs have delivered exposure to BTC and ETH for nearlya decade, he added.

What are the differences between Spot #Bitcoin ETFs and Physical Bitcoin ETPs? As the term 'ETF' has becomes more widely used by crypto investors around the world, it's time to take stock. Read more: https://t.co/YzFdXmO8zR pic.twitter.com/jC0VXXg983

CoinShares'decision to concentrate on the Nordic market follows a period of significantgrowth and expansion for the company. The firm recently reported its mostsuccessful financial quarter to date and finalized thepurchase of Valkyrie Funds, a US-based investment company. Thisstrategic acquisition has considerably enhanced CoinShares' internationalreach and strengthened its ability to operate effectively in key marketsworldwide.

AcrossEurope and the US, we are seeing increased demand for crypto exposure viaregulated products as investors consider the potential benefits of includingdigital assets as part of their overall portfolio, commented Frank Spiteri,Head of Asset Management at CoinShares.

Spiteriadded that the current rebrand is the start of an exciting new chapter for CoinSharesNordic operations.

This isn'tthe only recent rebranding within the cryptocurrency sector. Less than twomonths ago, CoinW Exchange, a well-known entity in the digital asset tradingsphere, marked its sixth anniversary with significant changes. Based in Dubai,the exchange launched a rebranding campaign, which coincided withthe introduction of its Proprietary Trading (Prop Trading) product.

Two weeksprior, Okcoin Europe Ltd. took a decisive step to strengthen its position inEurope by changing its brand to OKX and naming Erald Ghoos as the new EuropeanGeneral Manager.

View Details

NFT Prices Tumble As Crypto Investors Place Big Bets On Bitcoin And Ethereum ETFs

In a market dominated by optimism surrounding the price spikes of Bitcoin (BTC) and Ethereum (ETH), the non-fungible token (NFT) market has seen a decline in popularity. NFTs, which include digital artwork and collectibles recorded on blockchains, have recently experienced a notable loss of appeal.  According to a Bloomberg report, Google searches for NFTs have [...]

The post NFT Prices Tumble As Crypto Investors Place Big Bets On Bitcoin And Ethereum ETFs appeared first on Crypto Breaking News.

View Details

DeFi Technologies launches Core chain validator, stakes 1,498 Bitcoin

In May, the partners launched the first yield-bearing BTC ETP in Scandinavia.

View Details

Crypto inflows hit $2B in June, Ethereum sees best week since March with $69M

CoinShares believes the turnaround is due to weaker than expected macro data in the U.S.

View Details

BlackRock and crypto task force delve into ETP staking and tokenization

BlackRock is teaming up with the U.S. Securities and Exchange Commission to establish a new task force specifically focused on cryptocurrencies. This is a significant step in the world of finance as it signals a growing interest from traditional financial institutions in the world of digital assets. The collaboration aims to explore the potential of [...]

View Details