Crypto Asset Management

Ark Invest, in collaboration with 21shares, submitted a proposal to the Securities and Exchange Commission (SEC) for an Ethereum (CRYPTO: ETH)-based ETF, according to a filing on Sept. 6. The proposed ETF, named ARK 21Shares Ethereum ETF, aims to offer investors direct access to Ethereum...

Derivatives marketplace CME Group on Monday announced its intention to launch Ether (CRYPTO: ETH)/Bitcoin (CRYPTO: BTC) ratio futures on July 31, subject to regulatory approval. The new futures contract is designed to capitalize on the relative value trading opportunities that have...

Deutsche Bank AG (NYSE: DB) is taking proactive steps toward entering the digital assets space. What Happened: The Frankfurt, Germany-based investment bank formally requesting regulatory approval to provide custody services for cryptocurrencies and other digital assets. "We’re...

Crypto-focused Hashkey Group is reportedly in the preliminary stage of discussions to gather a funding round that could elevate its valuation above $1 billion. This move comes as the Hong Kong-based company aims to capitalize on the city's drive towards digital asset development. Quoting...

Deutsche WertpapierService Bank (Dwpbank), a provider of securities processing to approximately 1,200 banks in Germany, plans to launch a new platform called wpNex. This platform will offer Bitcoin access to all affiliated retail customers in the latter half of 2023. The innovative service will...