BlockFi Files For Spot Bitcoin ETF Through A Joint Venture With Neuberger Berman

BlockFi Files For Spot Bitcoin ETF Through A Joint Venture With Neuberger Berman

The lending platform has partnered with the $400 billion investment manager to launch a direct BTC exposure offering in the U.S.BlockFi files with the SEC for a spot bitcoin ETF.The BlockFi NB Bitcoin ETF would buy and hold actual bitcoin through an undisclosed custodian.The offering sprung from a collaboration between the lending platform and Neuberger Berman Group, a $400 billion investment manager.Lending platform BlockFi filed today with the U.S. Securities and Exchange Commission (SEC) for offering a spot bitcoin exchange-traded fund (ETF) in the country. The BlockFi NB Bitcoin ETF....


Related News

BlockFi partners with Neuberger Berman to launch crypto ETFs

"We are witnessing a significant shift in investor sentiment towards digital assets, and we believe that digital assets should be considered in modern portfolios," said Greg Collett, president of the joint venture. Crypto lending firm BlockFi has formed a business with New York-based investment management company Neuberger Berman for the development and distribution of crypto products including exchange-traded funds.In an Oct. 25 announcement, BlockFi said the joint venture, BlockFi Nb, expects to “launch crypto asset management products, including ETFs and other traditional structures,”....

Multi-Billion Dollar Wealth Manager Neuberger Berman Adds Exposure to Bitcoin...

The private investment management firm with $402 billion in assets under management (AUM), Neuberger Berman Group LLC, has revealed the company now has active exposure to cryptocurrencies like bitcoin. The multi-billion-dollar asset manager disclosed this information in a Form 497 in order to comply with the Securities and Exchange Commission’s EDGAR filing system. Neuberger Berman’s 497 Shows Bitcoin and Ethereum Exposure Neuberger Berman (NB) has detailed in a Form 497 filing with the Securities and Exchange Commission (SEC) that it is now permitting active exposure to crypto....

Neuberger Berman To Offer Bitcoin Futures Through $161 Million Commodity Fund

Neuberger Berman To Offer Bitcoin Futures To Its $161 Million Commodity Strategy Fund, According To A Filing With The Securities And Exchange Commission.

$400B investment manager Neuberger Berman will allow crypto exposure through ...

The firm reported the fund had more than $164 million in assets under management as of July 31, roughly 0.04% of its total AUM. New York-based investment management firm Neuberger Berman has filed for a commodity-focused fund to be able to gain indirect exposure to crypto investments. In a filing with the Securities and Exchange Commission today, the investment firm said its Commodity Strategy Fund would allow investors to have indirect exposure to cryptocurrencies and digital assets through Bitcoin (BTC) and Ether (ETH) futures, as well as Bitcoin trusts and exchange-traded funds.....

BREAKING: BlockFi files for physically-backed Bitcoin ETF

The Securities and Exchange Commission is scheduled to rule on another spot Bitcoin ETF application from VanEck by Nov. 14. Cryptocurrency lending firm BlockFi has filed paperwork with the United States Securities and Exchange Commission, or SEC, to launch a physically-backed Bitcoin exchange-traded fund, kicking off what's expected to be a big week for the crypto markets.The Form S-1 filing for BlockFi NB Bitcoin ETF was submitted to the SEC on Monday, according to official documents. The filing states that BlockFi will serve as custodian and that the ETF’s investment objective is to....