Category: crypto exchange-traded products

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Inflows Into Digital Asset Investment Products Cross the $1 Billion Mark — Study

November 14, 2023

The U.S. dollar value of funds flowing into digital asset investment products or exchange-traded products (ETP) in 2023 now exceeds $1 billion. In the week ending Nov. 10, approximately $293 million flowed into ETPs. Bitcoin ETP trading volumes in the week under review constituted nearly 20% of total bitcoin trading volumes on so-called trusted exchanges.…
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Saxo Bank Ordered to Liquidate Its Portfolio of Crypto Assets by Danish Financial Regulator

July 6, 2023

According to a July 4, 2023 press release from the Danish Financial Supervisory Authority, Denmark’s Saxo Bank has been instructed to liquidate its holdings of cryptocurrency assets. The financial regulator maintains that Saxo Bank’s portfolio of crypto assets falls “outside the legal business area of ​​financial institutions” and is in violation of the country’s Financial…
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