Ethereum used to dominate almost all non-Bitcoin blockchain sectors in the industry but has gradually lost some of its grip over certain markets to competitors like Solana. VanEck’s research department, MarketVector, decided to delve deep into the battle between the two layer-1 behemoths to see what’s what. Solana Vs. Ethereum The report, authored by Martin...Read More
Asset manager VanEck remains committed to launching a Solana exchange-traded fund (ETF) despite recent developments that have sparked speculation about the project’s future. The uncertainty started after Cboe Global Markets’ regulatory filing proposing to list the fund was removed from its website. Cboe Filing Removal Matthew Sigel, VanEck’s head of digital assets research, addressed concerns...Read More
Jan van Eck, the CEO of the investment management company VanEck, highlighted some of Bitcoin’s most notable merits during the ongoing BTC Conference in the States. Additionally, he said that ‘way over 30%’ of his portfolio has been allocated to the primary digital asset. VanEck is among the financial giants that filed and later launched...Read More
Investment management firm VanEck has outlined a scenario in which bitcoin (BTC) could reach $2.9 million per coin by 2050. This forecast is based on their “base case scenario,” which envisions bitcoin becoming a key international medium of exchange and ultimately growing to be one of the world’s reserve currencies. The Road to $2.9 Million...Read More
Analysts say that Solana ETFs are expected to have a final decision deadline around mid-March 2025. This follows the Chicago Board Options Exchange (CBOE) filing applications on Monday to list VanEck and 21Shares’ proposed ETFs. Mid-March Decision Deadline Bloomberg ETF analyst Eric Balchunas noted that Solana ETFs are expected to have a final deadline of...Read More
Ethereum (ETH) will reach a price of $22,000 within six years thanks to ETF approvals, scaling improvements, and healthy on-chain progress, according to VanEck. In a Wednesday report, the $89.5 billion asset manager said the network’s TradFi market share growth and dominance among smart contract platforms creates “a credible path to $66B in free cash...Read More
MarketVector, a subsidiary of the renowned American asset management giant VanEck, has launched the MEMECOIN Index. It has shown impressive performance, surging 195% in the past year and 137% since the start of 2024. This index aims to track the performance of six popular meme coins, such as DOGE, SHIB, and others. VanEck’s MEMECOIN Index...Read More
In a report released earlier this week, analysts from investment manager VanEck forecasted that Ethereum’s Layer 2 scaling networks will reach an astonishing $1 trillion market capitalization by the year 2030. The $1 trillion prediction was reached by estimating that Ethereum would hold 60% of the market share across all public blockchains and assessing the...Read More
Spot Bitcoin ETFs saw a remarkable surge in net inflow on March 12, totaling $1.05 billion. This marks a new high for daily net inflow since the ETFs’ inception, demonstrating a massive 56% rise from the $673 million net inflow recorded on February 28. The new milestone comes as Bitcoin bulls captured another all-time high...Read More
The introduction of spot Bitcoin ETFs has attracted a fresh influx of investors, driving a notable increase in trading volume. This trend has generated a wave of optimism that extends beyond Bitcoin itself. But this hasn’t made the launch of a spot Ethereum ETF any earlier as the US Securities and Exchange Commission (SEC) is...Read More
On Feb. 20, the company’s CEO Brian Armstrong reported that Coinbase International Exchange continues to grow, hitting $1 billion in daily volume for the first time. The exchange, which is based in Bermuda, offers crypto perpetual futures trading to professional non-US traders. It was set up outside of the United States due to the ongoing...Read More
Mutual fund and ETF provider VanEck has announced plans to delist the VanEck Bitcoin (BTC) Strategy ETF from the Chicago Board Options Exchange (CBOE) after January 30. The fund – which trades under the ticker XBTF – is a Bitcoin futures ETF. That means it offers investors Bitcoin price exposure through investing in Bitcoin futures...Read More
Bitcoin ETF applicant VanEck has pledged to donate 5% of its fund’s profits to Bitcoin Core developers, pending approval to launch by the U.S. Securities and Exchange Commission (SEC). The commitment could serve as a major lifeline for developers of the first crypto network, who are known to suffer a dearth of funding or financial...Read More
Jan van Eck – the CEO of VanEck – one of the first global financial companies to file for a spot Bitcoin ETF years ago – believes BTC is a unique asset that will be extremely hard to duplicate or outdo. He also refuted the speculations that the asset is one big bubble and said...Read More
Investment management firm VanEck has unveiled its 2024 predictions, forecasting not only record-breaking highs for Bitcoin but also an anticipated peak in the NFT market, signaling a significant transformation in the industry. The introduction of spot Bitcoin ETFs is expected to align with the prolonged anticipation of a U.S. recession, while the forthcoming halving event...Read More
Cathie Wood’s asset management firm, ARK Invest, has filed for the United States’ first Ether (ETH) spot ETF weeks after regulators placed the company’s Bitcoin ETF application on the backburner. Fellow investment manager VanEck has submitted a similar 19b-4 application, starting the clock for when regulators must approve or deny each submission. Ark’s Ether ETF...Read More
Global investment manager VanEck has once again been made to wait longer for the U.S. Securities and Exchange Commission (SEC) to decide on the company’s latest Bitcoin exchange-traded product (ETF) application. The watchdog refuses to approve a spot Bitcoin ETF in the country, while it has granted a few futures-based ones. The SEC announced in...Read More
Two retirement systems in Fairfax County, Virginia, distributed $35 million into VanEck’s cryptocurrency lending fund. The administrative region has experience in the digital asset industry since years ago its Police Department pension fund invested in blockchain technology and later displayed intentions to add crypto investment managers. VanEck’s Lending Fund Attracted New Investors As presented on...Read More
The global investment manager VanEck seems quite determined to introduce a spot Bitcoin exchange-traded fund (ETF) in the United States. Despite its previous rejections, the company filed a new application with the SEC. VanEck Tries Again It has been evident that one of VanEck’s main goals is to list an ETF that tracks the performance...Read More
Jan Van Eck, CEO of global investment manager VanEck, believes the value of one bitcoin could skyrocket to as high as $250,000, but the quarter of a million dollars prediction could take decades to happen. Bitcoin at $250k Could Take a Decade The VanEck CEO made the bullish price prediction in a recent interview with...Read More
According to the global investment manager Van Eck, the prices of bitcoin and gold could skyrocket to record highs if fiat currencies lose their dominance. Specifically, BTC could start trading between $1,300,000 and $4,800,000, while the yellow metal could tap $31,000 per ounce. Bitcoin’s Price if it Replaces Fiat It is safe to say that...Read More
Global investment manager, VanEck has launched Digital Assets Mining ETF under the ticker signal “DAM.” The latest exchange-traded fund is tailored to provide investors exposure to firms involved in the digital assets mining ecosystem. Digital Assets Mining ETF (DAM) According to the official document, DAM will invest at least 80% of its total assets in...Read More
The global investment manager – VanEck – expanded its cryptocurrency offerings by adding two new Exchange-Traded Notes (ETNs) tracking the performance of Avalanche and Polygon. The company has already launched such products on Bitcoin, Ethereum, Polkadot, Solana, and Tron. Avalanche And Polygon ETNs Joined The List The global investment management company – VanEck – disclosed...Read More
Global investment manager VanEck is set to launch a bitcoin futures exchange-traded fund (ETF) next week, shortly after ProShares got the SEC’s green light to launch the first BTC ETF. As per a Wednesday post-effective filing with the Securities and Exchange Commission (SEC), VanEck revealed it had secured approval from the SEC, and it’s now...Read More
The global investment management company VanEck has filed again for a Bitcoin Strategy exchange-traded fund (ETF). The US firm has tried several times in the past few years but the SEC is yet to approve a single BTC ETF. New York-based investment firm VanEck submitted an application to the SEC to roll out a BTC...Read More
According to a filing published today by the United States’ Securities and Exchange Commission, New York-based investment management firm VanEck intends to launch a Digital Assets ETF, one that will track as closely as possible, before fees and expenses, “the price and yield performance of the MVIS® Global Digital Assets Equity Index.” The fund will...Read More
New York-based fund manager VanEck has recently filed for registration for their upcoming VanEck Bitcoin Trust with the United States Securities Exchange Commission (SEC). According to the document filed with the federal agency, the preliminary prospectus was filed on 30 December 2020. Twitter user Kevin Rooke drew attention to the filing from the $49 billion...Read More
Founded in 1955, VanEck is among the world’s largest investment management firms. Its European branch, VanEck Europe, announced today the official release of an ETN, physically-backed by Bitcoin. The statement came from the company’s digital asset director – Gabor Gurbacs. He noted that releasing such a service has been a “top priority for VanEck.” The...Read More
Gold has crossed the $1,700 mark for the first time since 2012 as traders and investors seek wealth security in these times of economic uncertainty — headlined by the COVID-19 outbreak. The recent gains in the gold market coincide with pressures on Bitcoin, which has dropped from nearly $7,500 to about $6,800 within seven days....Read More
There are several exemptions the U.S. Securities and Exchange Commission (SEC) offers that allow companies to launch their bitcoin investment products without registration. While waiting for the SEC to approve their bitcoin ETF, some firms have taken advantage of these exemptions to offer an interim product. Also read: Indian Government’s New Report Views Crypto Positively...Read More
