In a landmark development for the European digital asset landscape, BIT Asset Management, the Zurich-based arm of cryptocurrency firm BIT, has received official regulatory approval from the Swiss Financial Market Supervisory Authority (FINMA) for its Bitcoin Fund ETF (BBIT). The milestone greenlight paves the way for what is slated to be the first exchange-traded fund […]
Andrew Beer, co-founder and managing member at Dynamic Beta investments (DBi), argues that investors may want to rethink their conventional bond allocations and instead opt for managed futures exposure. Speaking recently on CNBC’s "ETF Edge," Beer suggested that this popular hedge fund strategy could inject a much-needed tactical twist into traditional portfolio designs. "[Bonds have] […]
Global asset management giant Franklin Templeton significantly expanded its footprint on the XRP Ledger (XRPL) on Friday, adding $150 million worth of shares from its tokenized money market fund. In a notable move, every newly issued share was directed to a single wallet, which now holds the entirety of the fund’s token balance on the […]