Ether

Casa Introduces Stablecoin Vaults for Monetary Sovereignty

Retrieved on: 
Wednesday, December 13, 2023

With Casa stablecoin vaults, members can hold dollar-pegged stablecoins with multiple keys, so losing a key doesn't have to mean lost funds.

Key Points: 
  • With Casa stablecoin vaults, members can hold dollar-pegged stablecoins with multiple keys, so losing a key doesn't have to mean lost funds.
  • DENVER, Dec. 13, 2023 /PRNewswire/ -- Casa , the leading provider of self-custodial vaults for bitcoin and ethereum investors, is introducing stablecoin support as the latest addition to its vault product.
  • Casa members can now hold Tether (USDT) and USD Coin (USDC) alongside bitcoin and ether in sovereign multi-key vaults.
  • With today's rollout, Casa members can create their own sovereign multi-key vaults for BTC, ETH, and stablecoins for the first time and manage them all in the Casa app.

Bitcoin, Ether or Cash? Hyperion Decimus Launches Active Strategy Intended to Optimize Investing into Crypto, Leveraging CoinDesk Indices

Retrieved on: 
Tuesday, December 12, 2023

NEW YORK, Dec. 12, 2023 /PRNewswire/ -- Hyperion Decimus (HD), a digital asset management firm and a sponsor of a multi-strategy crypto hedge fund, and CoinDesk Indices (CDI), a subsidiary of CoinDesk and the leading provider of digital asset indices by AUM since 2014, announced today the launch of the HD CoinDesk TrendMax Strategy. This quantitative trading strategy is built on weighted signals from CoinDesk Indices' proprietary Bitcoin Trend Indicator (BTI) and Ether Trend Indicator (ETI), which each convey the presence, direction and strength of the trend in the price of bitcoin and ether respectively by using purpose-built, non-discretionary algorithms.

Key Points: 
  • The HD CoinDesk TrendMax Strategy seeks to address the crypto market's volatility and regulatory challenges that institutional investors have typically faced when conducting due diligence for investing in digital assets.
  • The HD portfolio management team utilizes a quantitative signal that is fundamentally weighted and actively managed through a disciplined process free of human emotion.
  • "The HD CoinDesk TrendMax Strategy provides the potential for lower risk, higher return exposure to bitcoin and ether due to price momentum and driven by HD's implementation alpha."
  • If recent prices are higher, an uptrend might be indicated; if recent prices are lower, a downtrend may be in place.

Deltix CryptoCortex Trading Platform Integrates with TP ICAP's Fusion Digital Assets Exchange

Retrieved on: 
Wednesday, December 6, 2023

NEWTOWN, Pa., Dec. 6, 2023 /PRNewswire/ -- Deltix announced today that its CryptoCortex trading platform is now integrated with TP ICAP's Digital Assets exchange, known as Fusion.

Key Points: 
  • NEWTOWN, Pa., Dec. 6, 2023 /PRNewswire/ -- Deltix announced today that its CryptoCortex trading platform is now integrated with TP ICAP's Digital Assets exchange, known as Fusion.
  • Its CryptoCortex software is the most advanced platform for the primary and secondary market trading of digital assets and cryptocurrencies.
  • Fusion Digital Assets combines TP ICAP's established expertise in operating venues and organizing execution with Fidelity Digital Assets' institutional-grade custodial capabilities and diversified liquidity from TP ICAP's global client base.
  • For more information about Deltix's CryptoCortex platform or the integration with TP ICAP's Fusion Digital Assets exchange, please visit https://cryptocortex.io/.

Institutions Have Doubled their Bitcoin Allocations this Year, New Bybit Report Shows

Retrieved on: 
Friday, December 1, 2023

The report provides a detailed examination of asset allocation strategies employed by different cohorts -- institutions, VIPs, and retail traders -- especially in the volatile market environment since December 2022.

Key Points: 
  • The report provides a detailed examination of asset allocation strategies employed by different cohorts -- institutions, VIPs, and retail traders -- especially in the volatile market environment since December 2022.
  • Institutional Investors: Predominantly holding 45% in stablecoins, 35% in Bitcoin, and 15% in Ether, institutions emphasize liquidity and strategic diversification.
  • Notably, their Bitcoin holdings nearly doubled in the first three quarters of 2023.
  • "This report is a testament to Bybit's commitment to empowering our users with actionable insights," said Ben Zhou, co-founder and CEO.

Institutions Have Doubled their Bitcoin Allocations this Year, New Bybit Report Shows

Retrieved on: 
Friday, December 1, 2023

The report provides a detailed examination of asset allocation strategies employed by different cohorts -- institutions, VIPs, and retail traders -- especially in the volatile market environment since December 2022.

Key Points: 
  • The report provides a detailed examination of asset allocation strategies employed by different cohorts -- institutions, VIPs, and retail traders -- especially in the volatile market environment since December 2022.
  • Institutional Investors: Predominantly holding 45% in stablecoins, 35% in Bitcoin, and 15% in Ether, institutions emphasize liquidity and strategic diversification.
  • Notably, their Bitcoin holdings nearly doubled in the first three quarters of 2023.
  • "This report is a testament to Bybit's commitment to empowering our users with actionable insights," said Ben Zhou, co-founder and CEO.

Wintermute Asia Announces Integration with CME Group, Executing its First Block Trade

Retrieved on: 
Tuesday, November 21, 2023

SINGAPORE, Nov. 21, 2023 /PRNewswire/ -- Wintermute Asia Pte. Ltd ("Wintermute Asia"), the digital asset derivatives trading arm of the Wintermute Group, the leading algorithmic trading firm and liquidity provider in digital assets, today announced that it has executed its first options block trade through CME Group. The BTC/USD block was traded between Wintermute Asia and TP ICAP and was cleared by ABN AMRO Clearing Bank N.V.

Key Points: 
  • The first block trade was completed with TP ICAP and cleared by ABN AMRO Clearing Bank N.V.
    SINGAPORE, Nov. 21, 2023 /PRNewswire/ -- Wintermute Asia Pte.
  • Ltd ("Wintermute Asia"), the digital asset derivatives trading arm of the Wintermute Group, the leading algorithmic trading firm and liquidity provider in digital assets, today announced that it has executed its first options block trade through CME Group.
  • With more derivative products on the roadmap and through a customized approach, Wintermute Asia can structure almost any trade to address different use cases, trading strategies, and market conditions.
  • By executing a block trade with TP ICAP on November 16, Wintermute Asia is further demonstrating its commitment to expanding its presence in traditional financial markets by offering secure investment solutions to its counterparties.

Crypto Investment Pioneers 21Shares and ARK Invest Launch Suite of Actively-Managed Digital Asset ETFs

Retrieved on: 
Tuesday, November 14, 2023

NEW YORK and ST. PETERSBURG, Fla., Nov. 14, 2023 /PRNewswire/ -- 21Shares US LLC ("21Shares"), an affiliate of 21Shares AG, the issuer of the world's largest suite of cryptocurrency-backed exchange traded products (ETPs), and ARK Investment Management LLC ("ARK" or "ARK Invest"), an investment adviser focused on investing in disruptive innovation, today announced the launch of a suite of five actively-managed bitcoin and ethereum futures ETFs, marking a watershed moment in the cryptocurrency investment landscape.

Key Points: 
  • "Together with 21Shares, ARK remains committed to increasing access to the crypto asset class, offering U.S. investors actively managed exposure to bitcoin, ether, and the broader digital asset ecosystem," states Cathie Wood, Founder, CEO, and CIO of ARK Invest.
  • The ARK 21Shares suite of actively-managed digital asset products, which will trade on the Cboe BZX Exchange, include:
    ARK 21Shares Active Bitcoin Futures Strategy ETF (Ticker: ARKA): Targets 100% exposure to bitcoin (BTC), the largest digital asset by market cap, through investment in bitcoin futures.
  • ARK 21Shares Blockchain and Digital Economy Innovation ETF (Ticker: ARKD): One of the first actively managed ETFs to invest in both bitcoin futures and public equities of blockchain, digital asset, tech and fintech companies, providing holistic exposure to the growth of blockchain technology.
  • With deep research capabilities, industry expertise and unique investment strategies dating back to 2018, 21Shares is well-positioned for the launch of this actively-managed suite of products.

Cboe Digital to Launch Margined Bitcoin and Ether Futures on January 11, 2024, Backed by Crypto and Traditional Finance Players

Retrieved on: 
Monday, November 13, 2023

With this launch, Cboe Digital will become the first U.S. regulated crypto native combined exchange and clearinghouse to enable both spot and leveraged derivatives trading on a single platform.

Key Points: 
  • With this launch, Cboe Digital will become the first U.S. regulated crypto native combined exchange and clearinghouse to enable both spot and leveraged derivatives trading on a single platform.
  • Cboe Digital will initially offer financially settled margined contracts on Bitcoin and Ether and plans to expand its product suite to include physically delivered products at a later date, subject to regulatory approvals.
  • "We look forward to working with Cboe Digital and building a secure and transparent marketplace for crypto spot and derivatives trading."
  • Cboe Digital's planned launch of margin Bitcoin and Ether futures will complement its existing offering of Bitcoin, Bitcoin Cash, Ether, Litecoin and USDC trading on its spot crypto market.

Cboe Digital to Launch Margined Bitcoin and Ether Futures on January 11, 2024, Backed by Crypto and Traditional Finance Players

Retrieved on: 
Monday, November 13, 2023

With this launch, Cboe Digital will become the first U.S. regulated crypto native combined exchange and clearinghouse to enable both spot and leveraged derivatives trading on a single platform.

Key Points: 
  • With this launch, Cboe Digital will become the first U.S. regulated crypto native combined exchange and clearinghouse to enable both spot and leveraged derivatives trading on a single platform.
  • Cboe Digital will initially offer financially settled margined contracts on Bitcoin and Ether and plans to expand its product suite to include physically delivered products at a later date, subject to regulatory approvals.
  • "We look forward to working with Cboe Digital and building a secure and transparent marketplace for crypto spot and derivatives trading."
  • Cboe Digital's planned launch of margin Bitcoin and Ether futures will complement its existing offering of Bitcoin, Bitcoin Cash, Ether, Litecoin and USDC trading on its spot crypto market.

ProShares Launches World’s First Short Ether-Linked ETF

Retrieved on: 
Thursday, November 2, 2023

ProShares, the global leader in crypto-linked ETFs, announced today the launch of ProShares Short Ether Strategy ETF (SETH), the world’s first short ether-linked ETF.

Key Points: 
  • ProShares, the global leader in crypto-linked ETFs, announced today the launch of ProShares Short Ether Strategy ETF (SETH), the world’s first short ether-linked ETF.
  • “SETH is designed to address the challenge of acquiring short exposure to ether, which can be onerous and expensive,” said ProShares CEO Michael L. Sapir.
  • In 2021, ProShares launched BITO, the first U.S. bitcoin-linked ETF, which has become the largest crypto-linked ETF in the world.
  • Subsequently, ProShares launched BITI, the first U.S. short bitcoin-linked ETF; EETH, the first U.S. ETF that targets the performance of ether; and two ETFs that target the blended performance of bitcoin and ether, BETH and BETE, which provide market cap-weighted and equal-weighted exposure, respectively.