South African-founded Luno has officially recorded seven million customers (wallets) – just seven weeks after reaching the milestone of six million customers. The business believes this growth is due to the simplicity of its online and mobile platforms, offering education, bank-grade security and self-regulation. It is actively working with regulators and banks to safely increase access […]
Place/Date: LONDON, UK - February 22nd, 2021 at 7:20 pm UTC · 3 min read Contact: Currency.com,
Source: Currency.com
Photo: Currency.com
Currency.com, the leading exchange covering both cryptocurrency and traditional markets in a single platform, announced major growth metrics year-over-year for 2020. The company grew the number of its clients by over four times compared to 2019, as well as posting even higher engagement growth figures.
Specifically, in 2020 the Currency.com platform saw a 374% increase in the total number of clients compared to 2019. The company succeeded in engaging even more users, with the number of clients who made their first deposit to the platform increasing by 447% in 2020. Overall, the total sum of deposits increased by 490% in the past year. Currency.com users generated a cumulative trading volume of $16 billion in 2020.
January 25, 2021
Without a dedicated Bitcoin exchange traded fund available in the U.S., investors options are to directly buying the largest digital asset, the futures market, or some blockchain ETFs.
Another option appears to be on the way, with VanEck filing plans for the
VanEck Vectors Digital Assets ETF. The concept was revealed in a recent filing with the Securities and Exchange Commission.
“Digital asset companies may include small- and medium-capitalization companies and foreign and emerging market issuers, and the Fund may invest in depositary receipts and securities denominated in foreign currencies,” according to the filing.
It’s not immediately clear if the new ETF will be comparable to existing blockchain funds on the market.
Vaneck Files New Bitcoin ETF Proposal With SEC Under New Administration
After successfully launched a bitcoin exchange-traded product in Europe, Vaneck has now filed a new proposal for a bitcoin exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). Under former chairman Jay Clayton, the SEC never approved a bitcoin ETF. However, Clayton has resigned from his post and changes may be coming from the incoming Biden administration.
First Bitcoin ETF Filing After Clayton’s Departure
New York-based investment management firm Vaneck filed a registration statement with the U.S. Securities and Exchange Commission (SEC) on Dec. 30 to list and trade the Vaneck Bitcoin Trust. According to the filing, the sale of the fund’s shares will commence “As soon as practicable after the effective date of this registration statement.”
December 31, 2020
The bitcoin exchange traded fund story still has life, although the Securities and Exchange Commission (SEC) keeps rejecting the idea. That doesn’t mean issuers are throwing in the towel.
As the largest cryptocurrency continues its ascent to record highs around $29,000, VanEck has filed plans with the SEC for the
VanEck Bitcoin Trust.
“The Trust’s investment objective is to reflect the performance of the MVIS® CryptoCompare Bitcoin Benchmark Rate less the expenses of the Trust’s operations. In seeking to achieve its investment objective, the Trust will hold bitcoin and will value its Shares daily based on the reported MVIS® CryptoCompare Bitcoin Benchmark Rate, which is calculated based on prices contributed by exchanges that the Sponsor’s affiliate, MV Index Solutions GmbH (“MVIS”), believes represent the top five bitcoin exchanges based on the industry leading CryptoCompare Exchange Benchmark review report,” according to the filing.