Could there be truth to the Bitcoin-hype after all?
Bitcoin’s dreamers are closer than ever to their 100,000 dollar milestone. With America’s debt crisis looming, could crypto speculation turn into strategic reality?
Luxembourg-based asset manager launches Bitcoin ETP
Invesco has announced the launch of a Bitcoin ETP (exchange-traded product) aimed at giving institutional investors a “straightforward and effective” exposure to the cryptocurrency.
Invesco is a global independent management firm with a Luxembourg presence in Kirchberg, Invesco Management S.A.
State Street expects 20 new crypto products
“Providers are gearing up to launch their crypto-ETFs in America, Europe and Asia, as soon as the regulator gives permission. As the custodian bank of some of these trackers, State Street is counting on about 20 new products initially, with a variety of products over time, including single asset crypto funds and baskets of cryptos,” said State Street’s Swen Werner, in a conversation with Fondsnieuws, Investment Officer Luxembourg’s sister publication.