Could Bitcoin be part of the $120T mutual fund industry?

Cointelegraph analyst and writer Marcel Pechman explains how Bitcoin could become a part of the $120-trillion mutual fund industry.

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Bitcoin ETF Approved: First North American Bitcoin ETF Set to Trade on Toronto Stock Exchange

The first bitcoin exchange-traded fund (ETF) in North America has been approved to launch in Canada. Purpose Bitcoin ETF, an alternative mutual fund, is expected to list and trade on the Toronto Stock Exchange.

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Canada’s Securities Regulator Approves Bitcoin Mutual Fund Listing

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Grayscale Bitcoin Fund in Emerald Mutual Holdings

 Emerald Mutual Fund Advisors Trust filed with the Securities and Exchange Commission (SEC) on Jan. 29 for December 2020. Holdings include 78,090 shares of Grayscale Bitcoin Trust (GBTC).   Twitter user MacroScope17 noted the filing and pointed out that Emerald Mutual Fund also managed $4.

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Fidelity doubles down on Hong Kong crypto operator

The mutual fund giant now owns 6.29% of BC Technology Group following the latest cash injection.

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Bitcoin Is ‘Less Risky the Higher It Goes,’ Says Investor Bill Miller on CNBC

"That's the opposite of what happens with most stocks," the mutual fund legend added.

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Canada’s Largest Fund Group Partners with Galaxy Digital, Completes $72M IPO of a Bitcoin Fund

Amidst Bitcoin’s crazy rally, Canadian mutual fund manager CI Financial Corp. raised $72 million in an initial public offering of a Bitcoin fund. Founded in 1965, CI Financial is Canada's largest independent mutual-fund manager with C$215.

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Fidelity’s Custody Business Around Bitcoin ‘Incredibly Successful’: Johnson

Fidelity Investments CEO Abby Johnson says the mutual fund giant's custody business around bitcoin has been "incredibly successful" and has a "tremendous pipeline."

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MassMutual Invests $100M In Bitcoin; ‘Other Return-Hungry Insurance Companies’ Buying BTC: NYDIG Chairman

The 169-year old mutual insurer, MassMutual, purchased $100 million in Bitcoin for its general investment fund. This bitcoin investment is part of the company's broad strategy to take advantage of new opportunities that give it “measured yet meaningful exposure to a growing economic aspect of our increasingly digital world.

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Legendary Investor ‘Strongly’ Recommends Investing in the ‘Single Best Performing Asset Class’ Bitcoin

The risk of Bitcoin’s price going to zero is “lower than they’ve ever been before,” Mutual fund legend Bill Miller told CNBC Friday. According to him, more institutional investors would be coming to the leading cryptocurrency, which almost went to $16,000 last week — its 35-month high.

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Fidelity Claims Trillions Could Enter Bitcoin in New Report

Mutual fund giant Fidelity has released an extremely bullish Bitcoin report

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Yearn Finance Offering Tokenized Nexus Mutual Insurance Covers for 5 Top DeFi Protocols

YearnFinance is all set to provide insurance for the popular DeFi projects that involve Balancer, Compound, Curve, Synthetix, and Yean Finance itself. “Impossible to be bullish DeFi and not see insurance as a critical pillar,” noted Jason Choi of crypto fund The Spartan Group.

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Fidelity Head Launches New Bitcoin Index Fund; $100,000 Minimum Buy-In Price

One of the largest mutual funds in the U. S. , Fidelity Investments, is enhancing its efforts in the Bitcoin and crypto space with its chief strategist, Peter Jubber, starting an institutional-grade and high net worth clients-focused BTC index.

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Crypto fund KR1 partial sale in Nexus Mutual nets $493K for 5x ROI

KR1, a crypto and blockchain asset investment company, today announced that it has sold 35,128. 30 NXM tokens in the Nexus Mutual project at an average price of USD $14. 03 per NXM token, generating proceeds of USD $492,991.

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Bybit Adds Live Market Alerts for Crypto Traders

Bybit has expanded its suite of tools for experienced traders. Last month, the derivatives exchange rolled out a mutual insurance fund to aid risk management. This month, it’s another risk management tool: in-app alerts.

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Mutual Fund Giant Vanguard Wraps Phase 1 of Digital Asset-Backed Securities Pilot

Vanguard worked with blockchain startup Symbiont, BNY Mellon, Citi, State Street and others to model the full lifecycle of digital ABS settlement.

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TSLA Reaches $1,000 Today, Tesla Stock Price Will Hit $3,000 in 5 Years, Says Ron Baron

Coinspeaker TSLA Reaches $1,000 Today, Tesla Stock Price Will Hit $3,000 in 5 Years, Says Ron BaronAmerican mutual fund manager and investor Ronald Stephen Baron believes there is more room for Tesla shares to rise in the next few years.

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$50 Billion Asset Manager Makes ‘The Investment Case for Bitcoin’

The future is looking bright for Bitcoin, according to ETF and mutual fund manager VanEck. The firm many believe in the best position to first launch a BTC exchange-traded fund explains its positive outlook for the leading cryptocurrency in a new report.

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Fidelity, a $2.46 Trillion Asset Management Company, Rolls Out Crypto Custody Solution

One of the largest asset managers in the world, Fidelity has rolled out its crypto custody solution. A Boston-based mutual fund that has about $2.46 trillion assets under management last year announced the launch of a separate company Fidelity Digital Assets, with the goal to offer trade execution and institutional custody services. Now, the company […]

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Vanguard to Create a Blockchain Platform with Symbiont for $6 Trillion Forex Market

Vanguard, a mutual fund giant of the financial industry, has started a partnership with Symbiont, a company backed by Nasdaq Ventures. Together, these two firms are set to develop a $6 trillion currency market platform focused on forex trades.

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Vanguard Developing Blockchain Platform for $6 Trillion Forex Market

Mutual fund giant Vanguard has partnered with Nasdaq Ventures-backed blockchain startup Symbiont to develop a currency trading platform.

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Symbiont And Vanguard Start Testing Blockchain-based Technology For Forex Trading

Giant mutual fund company Vanguard Group is reportedly testing a blockchain-powered foreign exchange (FX) trading platform to allow asset managers to easily trade currencies. According to a report by Bloomberg, Vanguard Group has teamed up with Symbiont which offers blockchain technology to develop the FX trading platform. The new platform will allow asset managers to […]

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Fidelity Digital Assets Partners With Wave Financial To Offer Bitcoin-Based Yield Fund

Fidelity Digital has confirmed that they are in the process of launching Bitcoin-based yield fund. Mutual fund yield is used to represent the net income return of a mutual fund, and is calculated by dividing the annual income distribution payment by the value of a mutual fund's shares. It includes the income received through dividend […]

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New Bitcoin Mutual Fund Eases Crypto for Wary Asian Investors

A new mutual fund will provide crypto currency access to accredited investors in Asia who are very interested but slow to buy the coins directly.

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Crypto fund KR1 invests in Nym, Nexus Mutual and Alice.si

Crypto fund KR1 invests in Nym, Nexus Mutual and Alice. si - CryptoNinjas KR1, a blockchain/crypto-asset investment company, today announced their latest moves, and informed it has contributed a total of CHF 150,000 into the Nym Protocol project (Nym) for a yet-to-be-determined number of discounted tokens.

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Bitcoin’s Opportunity in Woodford Equity Income Fund Implosion

It’s not a good feeling when an institution you trust with your money won’t give it back to you; it’s the sinking feeling that thousands of investors in a UK mutual fund called Woodford Equity.

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Calastone Launches Blockchain-Based Decentralized Market Infrastructure

Calastone, a leading global transaction network for the mutual fund industry, has launched its blockchain-powered Distributed Market Infrastructure (DMI) in a bid to enable digitalization and frictionless trading at a global scale, according to a blog post on May 20, 2019.

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Final Frontier and Bitfury Launch Regulated Bitcoin Mining Fund

Following approval from European authorities, Swiss investment firm Final Frontier is partnering with Bitfury Group to launch a regulated bitcoin mining fund for personal and institutional investors.

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China Economic Slowdown, Not the Trade War, is Greatest Threat to Dow Recovery

A survey published by Bank of America Merril Lynch on Tuesday has revealed key insights into the minds of global money managers. The survey measures responses from approximately 200 institutional, mutual and hedge fund managers around the world.

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Thailand’s National Exchange Preps 2020 Launch For Digital Asset Platform

The Stock Exchange of Thailand (SET) announced Wednesday in a statement that plans are underway for the development of a digital asset platform ready to roll out in 2020. SET is working along with several third-party financial collaborators to develop the software platform that it envisions “leveling up investment experiences for more convenience and higher speed” for its clients as well as offering exchange services for digital assets.

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Are Blockchain Mutual Funds the Future of Investing?

Blockchain mutual funds offer double potential - investing in the value of future technology and making fund administration more efficient. Find out how. The post Are Blockchain Mutual Funds the Future of Investing? appeared first on CoinCentral.

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ETF Filed With SEC to Invest in Bitcoin Futures, Bonds, and Mutual Funds

A registration statement for a new exchange-traded fund (ETF) that will invest in bitcoin futures among other traditional investments has been filed with the U. S. Securities and Exchange Commission (SEC).

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Credit Suisse Completes Joint Mutual Fund Transactions Using Blockchain

Global investment bank Credit Suisse and Portuguese Banco Best have completed end-to-end fund transactions on blockchain

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Op Ed: Should You File a Foreign Bank Account Report for Bitcoin Holdings?

I had the opportunity to participate on a legal panel with David Silver at the Unconfiscatable: Bitcoin Not Blockchain Conference put on by Tone Vays in Las Vegas.

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“We Did This With Gold”: Could VanEck Be Bitcoin’s Best Bet for an ETF?

Gabor Gurbacs is confident that the approval of a bitcoin exchange traded fund (ETF) is inevitable. And he’s optimistic that the VanEck SolidX Bitcoin Strategy will be the first to deliver one to the world.

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Blockchain is the New Cool, Fidelity Channels $2.5 Billion to Research

Fidelity, the 72-year mutual fund famous at Wall Street than in Silicon Valley, is changing tact and investing billions of dollars in emerging technologies as blockchain a Fidelity executive has revealed.

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Ontario Securities Commission Approves Bitcoin Mutual Fund

While the U. S. Securities and Exchange Commission continues to contemplate whether or not to approve a Bitcoin exchange-traded fund (ETF), Canada has taken the plunge. Canadian regulators have approved a regulated Bitcoin trust fund which allows investors to invest in Bitcoin through retirement and savings accounts.

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Canadian Regulated Bitcoin Trust Achieves Mutual Fund Trust Status

A Canadian regulated bitcoin trust has achieved the mutual fund trust status, allowing eligible investors to invest in the trust through government-sponsored tax-efficient investment plans. The investment is approved by the Ontario Securities Commission and the British Columbia Securities Commission.

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Canadians Can Now Trade Through Savings Accounts After Bitcoin Fund Approval

Canada is one step ahead of the SEC as they approved the very first regulated Bitcoin trust fund the status of a Mutual fund that enables accredited traders to invest in Bitcoin through their retirement savings plan and free of tax saving accounts.

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Accredited Investors now Able to Hold Bitcoin in Registered Accounts in Canada

Canada’s first and only regulated bitcoin fund has now achieved mutual fund trust status enabling high-net-worth investors to hold bitcoin investments in their registered accounts. The fund includes registered retirement savings plans and tax-free savings accounts, First Block Capital announced in a September 10, 2018, press release.

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Canada Has First Regulated Bitcoin Fund, FBC Bitcoin Trust Can be Traded on NEO Connect

First Block Capital said that its FBC Bitcoin Trust, which is accessible for accredited investors, has achieved the status of a mutual fund trust, as it is also available on the NEO Connect platform.

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Warren Buffet’s Favorite Stock Market Metric Is Signaling Huge Downside Ahead

Today – Apple became the first public company worth over $1 trillion dollars. . .   Q2 hedge fund letters, conference, scoops etc Thanks to very low interest rates – the company’s piling on debt and buying their own shares back – shrinking the float.

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Charts That Matter – Devaluation is not a tool for exports, it is a tool for cronyism

1 Oh No this chart is not about Telecom Battle.In my view what is standing between social unrest and educated/unemployed youth in India is FREE data as it keep their minds occupied.   Q2 hedge fund letters, conference, scoops etc Enjoy… it will not last forever 2.5. Google trends show Mutual fund search at 18 […]

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What Bill Miller Can Teach Us About Free Cash Flow

Ashva Capital Management July 09, 2018 newsletter titled, “What Bill Miller Can Teach Us About Free Cash Flow. ”   Q2 hedge fund letters, conference, scoops etc Bill Miller is a legendary mutual fund manager who ran the Legg Mason Value Trust from 1982 to 2012.

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Terawatt ICO

Terawatt will create a Decentralized Autonomous Organization (DAO), and also create a highly deflationary Ethereum based currency for global payments. The DAO will act as a decentralized global mutual/insurance fund to ensure Utilities (and businesses) always have access to funding (which constantly runs out) for subsidizing L.

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