institutional

IDEG Reports Launch of New Bitcoin Trusts in Asia With Coinbase as Custodian

According to a recent press release from IDEG Investment Limited, “Asia’s First Bitcoin Trusts” have been launched “as a traditional and comfortable way for ‘old money’ to invest in digital assets.” The two trusts, Asia Bitcoin Trust I and Atlas Mining Trust I, reportedly allow for investors to gain wrapped exposure to bitcoin and to...
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How Will CME Bitcoin Options Launch In 2 Months Affect BTC Prices?

Many have asserted that the first time Bitcoin futures were launched, a planned market crash followed. The exchange that launched those futures back in late 2017 is gearing up for more institutional products in two months’ time so what impact will that have this time around?CME Options Launch In JanuaryThe Chicago Mercantile Exchange is expanding...
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“Full Rollout”: Fidelity Opens Up Bitcoin Business to Billions

As you likely well know, Bitcoin (BTC) hasn’t been doing too hot as of late, losing 45% of its year-to-date high of $14,000.Despite this unfortunate downturn, which came after many were calling for Bitcoin to “moon,” many remained committed to the cryptocurrency vision.Fidelity Expands Bitcoin OperationsRevealed in a report published by the Financial Times on...
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How Prime Brokerage Will Affect Crypto Markets

Prime brokerage firms are coming for crypto in what’s likely to be a race of winner-takes-almost-all. Goldman Sachs is synonymous with institutional wealth and power, even to those who’ve never purchased a financial product in their life. Like the eponymous tower it occupies in Jersey City, Goldman Sachs dominates the prime brokerage trade. What will...
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