GBTC

Simplify Asset Management Adds to Its Options-focused ETF Offerings With the Launch of the Simplify Hedged Equity ETF (HEQT)

Retrieved on: 
Tuesday, November 2, 2021

Simplify Asset Management (Simplify) , an innovative provider of options-based Exchange Traded Funds (ETFs), today announced the latest addition to its fast-growing ETF family: the Simplify Hedged Equity ETF (HEQT) .

Key Points: 
  • Simplify Asset Management (Simplify) , an innovative provider of options-based Exchange Traded Funds (ETFs), today announced the latest addition to its fast-growing ETF family: the Simplify Hedged Equity ETF (HEQT) .
  • HEQT is the first equity ETF to utilize this laddered approach to put-spread collars.
  • At the same time, with bond yields near all-time lows, investors are searching for alternatives to traditional low vol investments.
  • HEQT is the latest addition to a Simplify ETF family that recently crossed the $825 million mark in assets, as of October 26th.

Digital Currency Group Announces Plan to Increase Purchase of Shares of Grayscale Bitcoin Trust (OTCQX: GBTC)

Retrieved on: 
Wednesday, October 20, 2021

Digital Currency Group, Inc. (DCG), the parent company of Grayscale Investments, LLC, has authorized the purchase by DCG of up to a total of $1 billion worth of shares of Grayscale Bitcoin Trust (OTCQX: GBTC).

Key Points: 
  • Digital Currency Group, Inc. (DCG), the parent company of Grayscale Investments, LLC, has authorized the purchase by DCG of up to a total of $1 billion worth of shares of Grayscale Bitcoin Trust (OTCQX: GBTC).
  • This increases DCGs prior authorization to purchase up to $750 million worth of shares of GBTC by $250 million.
  • The share purchase authorization does not obligate DCG to acquire any specific number of shares in any period, and may be expanded, extended, modified, or discontinued at any time.
  • Founded in 2013, Grayscale Investments is the worlds largest digital currency asset manager, with more than $53.5B in assets under management as of October 19, 2021.

NYSE Arca Files Form 19b-4 to Convert Grayscale® Bitcoin Trust into an ETF

Retrieved on: 
Tuesday, October 19, 2021

New York, Oct. 19, 2021 (GLOBE NEWSWIRE) -- Grayscale Investments , the worlds largest digital currency asset manager, announced today that NYSE Arca has filed Form 19b-4 with the Securities and Exchange Commission (SEC) to convert Grayscales flagship product, Grayscale Bitcoin Trust (OTCQX: GBTC), into a Bitcoin Spot ETF.

Key Points: 
  • New York, Oct. 19, 2021 (GLOBE NEWSWIRE) -- Grayscale Investments , the worlds largest digital currency asset manager, announced today that NYSE Arca has filed Form 19b-4 with the Securities and Exchange Commission (SEC) to convert Grayscales flagship product, Grayscale Bitcoin Trust (OTCQX: GBTC), into a Bitcoin Spot ETF.
  • Grayscale has publicly committed the firms intent to convert GBTC as well as its other 14 investment products into ETFs.
  • Grayscale Bitcoin Trust launched in 2013, received a public quotation in May 2015, and became an SEC reporting company in January 2020.
  • Today, the Trust is the largest Bitcoin investment vehicle in the world, holding approximately 3.44% of all Bitcoin in circulation.

Three Additional Grayscale Products Now Trading on OTCQX Market

Retrieved on: 
Monday, October 18, 2021

Grayscale Zcash Trust (ZCSH), Grayscale Stellar Lumens Trust (GXLM), and Grayscale Horizen Trust (HZEN) have offered a private placement to accredited investors since October 2017, December 2018, and August 2018, respectively.

Key Points: 
  • Grayscale Zcash Trust (ZCSH), Grayscale Stellar Lumens Trust (GXLM), and Grayscale Horizen Trust (HZEN) have offered a private placement to accredited investors since October 2017, December 2018, and August 2018, respectively.
  • As of October 17, 2021, there were 3,777,700 Shares outstanding of Grayscale Zcash Trust and each share represented ownership of 0.09052055 ZEC.
  • Grayscale Bitcoin Trust (OTCQX: GBTC), Grayscale Bitcoin Cash Trust (OTCQX: BCHG), Grayscale Ethereum Trust (OTCQX: ETHE), Grayscale Ethereum Classic Trust (OTCQX: ETCG), Grayscale Litecoin Trust (OTCQX: LTCN), and Grayscale Digital Large Cap Fund (OTCQX: GDLC) are also publicly-quoted and available to all investors with access to U.S. securities.
  • Grayscale products are distributed by Genesis Global Trading, Inc. (Member FINRA/SIPC, MSRB Registered).

Invesco Launches Digital Assets and Blockchain Thematic Equity ETFs in the U.S.

Retrieved on: 
Thursday, October 7, 2021

ATLANTA, Oct. 7, 2021 /PRNewswire/ -- Invesco Ltd. (NYSE: IVZ), a leading global asset management firm, today announced the launch of two passively managed exchange-traded funds (ETFs) focused on digital assets and blockchain.

Key Points: 
  • ATLANTA, Oct. 7, 2021 /PRNewswire/ -- Invesco Ltd. (NYSE: IVZ), a leading global asset management firm, today announced the launch of two passively managed exchange-traded funds (ETFs) focused on digital assets and blockchain.
  • The Invesco Alerian Galaxy Crypto Economy ETF (SATO) and the Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC) will offer thematic equity exposureto global public companies and select investment vehicles that are actively engaged in the cryptocurrency and blockchain sectors.
  • With offices in more than 20 countries, Invesco managed$1.5 trillionin assets on behalf of clients worldwide as ofJune 30, 2021.
  • Galaxy Digital is a diversified financial services and investment management company in the digital asset, cryptocurrency, and blockchain technology sectors.

Simplify Asset Management Launches the Simplify Risk Parity Treasury ETF (TYA)

Retrieved on: 
Tuesday, September 28, 2021

Simplify Asset Management (Simplify) , an innovative provider of options-based Exchange Traded Funds (ETFs), today announced the launch of its newest ETF: the Simplify Risk Parity Treasury ETF (TYA) .

Key Points: 
  • Simplify Asset Management (Simplify) , an innovative provider of options-based Exchange Traded Funds (ETFs), today announced the launch of its newest ETF: the Simplify Risk Parity Treasury ETF (TYA) .
  • Capital efficiency and yield curve efficiency are key to a successful Treasury investment strategy, said David Berns, Ph.D., CIO and Co-Founder with Simplify.
  • The Simplify Risk Parity Treasury ETF (the Fund) seeks to provide total return, before fees and expenses, that matches or outperforms the performance of the ICE US Treasury 20+ Year Index on a calendar quarter basis.
  • Short-term investment Risk: Investors holding shares of the Fund over longer-term periods may be subject to increased risk of loss.

Simplify Asset Management Launches the Simplify Tail Risk Strategy ETF (CYA)

Retrieved on: 
Tuesday, September 14, 2021

Simplify Asset Management (Simplify) , an innovative provider of options-based Exchange Traded Funds (ETFs), today announced the launch of its newest ETF: the Simplify Tail Risk Strategy ETF (CYA) .

Key Points: 
  • Simplify Asset Management (Simplify) , an innovative provider of options-based Exchange Traded Funds (ETFs), today announced the launch of its newest ETF: the Simplify Tail Risk Strategy ETF (CYA) .
  • That is where CYA comes in, said Paul Kim, CEO with Simplify.
  • Simplify Asset Management Inc. is a Registered Investment Adviser founded in 2020 to help advisors tackle the most pressing portfolio challenges with an innovative set of options-based strategies.
  • The Fund is subject to the risk that the investment management strategy may not produce the intended results and may negatively impact Fund performance.