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Bitcoin unshackles from stocks, bucking trend and cheering bulls

By Michael P. Regan and Vildana Hajric Whenever traditionally-minded investors think they finally have their heads wrapped around cryptocurrencies’ role in financial markets, the digital asset class always seems to prove them wrong. ....

United States , Steve Sosnick , Vildana Hajric , Michaelp Regan , Brian Mosoff , Nikolaos Panigirtzoglou , Stephane Ouellette , Ether Capital Corp , Gamestop Corp , Federal Reserve , Financial Inc , Entertainment Holdings Inc , Jpmorgan Chase Co , A Bank , Us Bancorp , Aether Capital , Interactive Brokers , Business News ,

Bitcoin Unshackles From Stocks, Bucking Trend and Cheer...

Whenever traditionally minded investors think they finally have their heads wrapped around cryptocurrencies’ role in financial markets, the digital asset class always seems to prove them wrong. ....

United States , Steve Sosnick , Brian Mosoff , Nikolaos Panigirtzoglou , Stephane Ouellette , Ether Capital Corp , Gamestop Corp , Federal Reserve , Financial Inc , Entertainment Holdings Inc , Jpmorgan Chase Co , A Bank , Us Bancorp , Aether Capital , Interactive Brokers ,

Multiple direct custody Ether ETFs coming to market


Katie Keir
Three companies are going head-to-head next week, with each firm launching a direct custody ether ETF on April 20.
Purpose Investments is launching the Purpose Ether ETF, Evolve is introducing ETHR and CI Global Asset Management (CI GAM) is bringing the CI Galaxy Ethereum ETF to market all the funds will trade on the TSX and provide direct exposure to Ether, the second-largest cryptocurrency by market capitalization after Bitcoin.
The Purpose fund has a management fee of 1%; the Evolve fund, 0.75%; and the CI fund, 0.4% “the lowest management fee of any Ether ETF globally,” CI said in a release.
For its part, the Purpose fund will invest directly in physically settled Ether tokens and will have three classes: Canadian-dollar hedged (ETHH), Canadian dollar non-currency hedged (ETHH.B), and U.S.-dollar units (ETHH.U). ....

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