New Bitcoin exposure Index to track equities that perform like BTC
Melanion Bitcoin Exposure Index tracks an equities basket with the highest correlation and revenue exposure to Bitcoin. Institutional investors are looking for ways to participate in the crypto market without going out of the regulated space or mastering the advanced technology behind Bitcoin (BTC), and asset managers are finding alternative solutions to meet the need.Paris-based investment management company Melanion Capital partnered with index platform Bita to launch the Melanion Bitcoin Exposure Index, according to information shared with Cointelegraph. The index tracks a beta-weighted....
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In a recent report by Capriole Investments’ Charles Edwards explored the Federal Reserve’s ever-expanding war chest and its potential implications for the Bitcoin and crypto market. As Bitcoin gears up for its halving in April 2024, a pivotal event that will make it scarcer than gold, understanding the macroeconomic environment becomes crucial. Why Macro Matters For Bitcoin And Crypto Edwards underscores the inherent interconnectedness of global markets, asserting, “Bigger markets drive smaller markets.” This symbiotic relationship is evident in the crypto realm, where....
The new ETF product will track an index currently being designed by Nasdaq that will provide broad exposure to the digital asset market.
The firm aims to let U.S. investors get exposure to crypto through a private fund tracking the Nasdaq Crypto Index. Investment firm Victory Capital Management announced it would be taking steps for its U.S.-based investors to get exposure to the crypto market.In a Wednesday announcement, Victory Capital said it would be the exclusive sponsor of “private placement funds and other vehicles” based on the Nasdaq Crypto Index, or NCI, an index developed by Nasdaq and Brazilian crypto asset manager Hashdex. The firm said it plans to launch a private fund for accredited investors tracking the....
The fund will trade on ASX and aims to provide a level of crypto exposure to institutional investors. Six months following its application with the Australian Securities Exchange (ASX), BetaShares is now close to launching a new crypto-focused exchange-traded fund (ETF).According to an Oct. 13 announcement, the official name of the Aussie ETF manager’s new product is BetaShares Crypto Innovators ETF. After relevant regulatory approvals, it would trade under the ticker symbol CRYP on the ASX. As with the similar Bitcoin (BTC) or crypto-focused ETFs, BetaShares’ fund aims to provide a level....
Equities markets have extended their decline, but Bitcoin and select altcoins have not given up much ground, leading some traders to believe that the bottom is in. The United States equities markets have been under a firm bear grip for a large part of the year. The S&P 500 and the Nasdaq Composite have declined for three quarters in a row, a first since 2009. There was no respite in selling in September and the Dow Jones Industrial Average is on track to record its worst September since 2002. These figures outline the kind of carnage that exists in the equities market.Compared to these....