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Coinbase Listing Would Change Game for Crypto: ETF Investors

Coinbase Listing Would Change Game for Crypto: ETF Investors

Exchange-traded fund (ETF) investors and the investment community at large seem to be excited about Coinbase’s upcoming direct listing. They believe that investments in crypto assets would explode following Coinbase’s IPO. ETF Investors Anticipate Coinbase Upcoming IPO Coinbase’s direct listing is scheduled for Wednesday, April 14, on Nasdaq and would trade under the ticker COIN. Matt Hougan, the chief investment officer at Bitwise Asset Management, said Coinbase would push traditional finance to wrestle with the growing crypto industry, as reported by CNBC. Although ownership of crypto by both individuals and institutions is still relatively low, ETF investors are warming up…

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Peter Thiel Invests in Bit Panda, Offers More Than $50 Million

Peter Thiel Invests in Bit Panda, Offers More Than $50 Million

Bit Panda in Vienna, Austria recently emerged with several additional funds under its wing, and it’s been revealed that much of that money came from billionaire Peter Thiel and his company Valar Ventures. Bit Panda Garners Funds From Thiel More than $50 million (roughly $52 million total) was garnered by the company from Thiel through a Series A funding round that included several other investors such as Speed Invest. The firm is planning to utilize the money to ensure its products are available in European markets. It’s also looking to introduce new products sometime within the next year. In addition,…

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Bitwise Has Put Away a Lot of Cash for Its BTC Fund

Bitwise Has Put Away a Lot of Cash for Its BTC Fund

Over the past year, Bitwise – a crypto asset management firm – has managed to put away roughly $9 million for its bitcoin fund. Bitwise Is Growing Fast A regulatory form filed with the U.S. Securities and Exchange Commission (SEC) discussed the data and suggested that the money came from more than 40 separate investors. The minimum investment amounted to just under $4,000. The paperwork was filed with the SEC after Bitwise announced that it was changing its name from Bitwise Bitcoin Fund, LLC to simply Bitwise Bitcoin Fund. It’s unclear what removing the letters LLC does for the name,…

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