Bitwise Expands into Europe with ETC Group Acquisition

With the acquisition of crypto investment company ETC Group, San Francisco-based asset management firm Bitwise has expanded into the European market.

With the acquisition of crypto investment company ETC Group, San Francisco-based asset management firm Bitwise has expanded into the European market.

Key Takeaways Outflows from the Grayscale Ethereum Trust ETF (ETHE) have surpassed $1.5 billion, with net outflows hitting $356 million in a single day on July 26. Data from SoSo Value indicates that July 26 was especially volatile for spot…

The State of Michigan Retirement System disclosed holdings in an Exchange Traded Fund (ETF) that tracks spot prices in Bitcoin and is provided by ARK 21Shares.

After acquiring FTX Japan, BitfFlyer Holdings intends to provide possible ETFs based on cryptocurrencies.

Spot Ether Exchange Traded Funds (ETFs) were authorized to start trading in the US on July 23.

The CSOP Bitcoin Future Daily (-1x) Inverse Product (7376[.]HK), Asia's first Bitcoin futures inverse product, will debut in Hong Kong on July 23.

The Chicago Board Options Exchange will list five spot Ethereum Exchange Traded Funds (ETFs) for trading on July 23 "pending regulatory effectiveness," the CBOE stated.

The approval comes six months after the U.S. SEC approved 10 Bitcoin ETFs. The VanEck Bitcoin ETF, trading under the ticker VBTC, will begin on Thursday, June 20.

When markets open on Tuesday, Australia's first spot Bitcoin exchange-traded fund (ETF), which owns the asset directly, is scheduled to begin trading.

JP Morgan, in its filing, has disclosed $731,246 in investments in spot Bitcoin ETFs. Wells Fargo also invested over $140,000 in Grayscale’s BTC.