Kelly Strategic Management files for Ethereum futures ETF
Following Kelly Strategic Management’s filing for an Ether futures ETF, analysts questioned whether SEC chairman Gary Gensler is “mentally ready” to approve anything other than a BTC futures product. Denver-based investment firm Kelly Strategic Management has filed for an exchange-traded fund (ETF) offering exposure to Ethereum (ETH) futures contracts.The move comes just three months after VanEck and ProShares suddenly withdrew their ETH futures ETF applications on the same day in August. According to a Nov. 29 filing with the U.S. Securities and Exchange Commission (SEC), the Kelly....
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Micro Ether futures join crypto derivatives products including micro Bitcoin futures, Bitcoin futures, options on Bitcoin futures and Ether futures at the exchange. Major derivatives marketplace Chicago Mercantile Exchange Group has expanded its crypto offerings to include a micro Ether futures product.In a Monday announcement, the CME Group said it had launched a micro Ether (ETH) futures contract sized at 0.1 ETH, giving institutional and individual traders another product for Ether exposure. The cash-settled micro ETH derivatives offering is trading under the Globex code METZ1 and joins....
Following a number of statements this week from the U.S. Securities and Exchange Commission’s (SEC) Gary Gensler, wealth management firm Vaneck has filed for a bitcoin futures exchange-traded fund (ETF). Vaneck Files for a Bitcoin Futures-Focused Fund Called the Bitcoin Strategy ETF On August 10, the wealth manager Vaneck filed an application with the SEC in order to list the “Bitcoin Strategy ETF,” a fund that seeks “capital appreciation.” The fund will be an actively managed ETF that leverages bitcoin futures, pooled investment vehicles, and other ETFs that....
CNBC ran an article earlier this week announcing that the Greek Island of Agistri will test Brian Kelly's Nautiluscoin. The tumultuous economic environment in Greece provides the opportune climate to deploy a new altcoin, Kelly argues. The CNBC article is a highlight reel for Nautiluscoin. It never mentions the serious challenges any altcoin faces, or that a rapid large scale deployment of a virtually unknown cryptocurrency is a pipe dream. That makes a lot more sense though, when you realize Brian Kelly is the article's author. What is Nautiluscoin? Nautiluscoin was first heralded in a....
In an interview for the Fortune’s Leadership Next podcast, Visa’s CEO Al Kelly reveals their efforts to integrate Bitcoin into their payment platform. Their plans are for their millions of clients worldwide to be able to trade in BTC but also convert those funds into fiat. Kelly claimed: We’re trying to do two things. One […]
Here is Bitcoinist’s coverage of the afternoon and evening sessions of the Inside Bitcoins day 2 coverage! After the lunch break, Brian Kelly, contributor for CNBC’s Fast Money, Founder and Managing Member ofBrian Kelly Capital LLC, and author of The Bitcoin Big Bang, took take the stage to talk about investing in Bitcoin and start-ups in the Bitcoin world. According to Kelly, Bitcoin is a payment system, a method for transferring value and information, and a tool for clearing and settlement.