Winklevoss’ Gemini Backs New Bitcoin ETF Application in Canada

Winklevoss’ Gemini Backs New Bitcoin ETF Application in Canada

From coindesk.com

A prospectus for a new bitcoin exchange-traded fund (ETF) has been filed with the Ontario Securities Commission in Canada. Arxnovum Investments Inc filed documents for the “Arxnovum Bitcoin ETF” on Monday. The ETF is planned to be listed on the Toronto Stock Exchange (TSX) under the ticker “BIT.U.” The manager behind the ETF application is Shaun Cumby, CEO of Arxnovum Investments. Previously, Cumby held the position of CIO at 3iq Corp – the Canada-based digital asset manager behind the launch of the Bitcoin Fund (TSX:QBTC.U), called the world’s first regulated bitcoin (BTC, +1.4%) fund. The New ... (full story)

- Older Stories
Evaluation of the Bank of England's approach to quantitative easing
From bankofengland.co.uk|Jan 13, 2021
In 2009, the MPC began a programme of asset purchases or quantitative easing (QE), intended as a temporary measure to support the economy in the aftermath of the Global Financial ...
ECB's Lagarde calls for regulating Bitcoin's "funny business"
From reuters.com|Jan 13, 2021|3 comments
video European Central Bank President Christine Lagarde called on Wednesday for global regulation of Bitcoin, saying the digital currency had been used for money laundering ...
Scammers are claiming to sell Covid-19 vaccines on the dark web for up to $1,000 worth of bitcoin
From cnbc.com|Jan 13, 2021|1 comment
Sellers on the so-called dark web have been putting out an increasing number of advertisements for Covid-19 vaccines, asking for bitcoin as payment and not delivering the goods, ...

- Newer Stories
Coinbase Apologizes to UK and EU Customers Hit by Regulatory Lockouts
From coindesk.com|Jan 13, 2021
Coinbase issued a rare apology Tuesday to UK and EU customers who the major cryptocurrency exchange said in a blog post have been affected by weeks of systems outages and trading ...
Bitcoin has actually only taken 2% of gold market cap, new data suggests
From cointelegraph.com|Jan 13, 2021|5 comments
Bitcoin (BTC) has much further to go to suck away even 10% of gold’s market cap than old data claims, a popular indicator reveals. Highlighting numbers from Bitcoin’s realized cap ...
US Navy Commissions $1.5M Blockchain System for Tracking Critical Weaponry
From coindesk.com|Jan 13, 2021|1 comment
The U.S. Office of Navy Research has awarded a $1.5 million contract for a blockchain system to help ensure the supply of military weaponry. • Indiana-based blockchain firm SIMBA ...