#Bitcoin Bitcoin ETF: Worlds first Cryptocurrency ETF approved Published 3 months ago on November 17, 2018 By Nadja Eriksson Share Tweet The world’s first Cryptocurrency ETF has been approved by the Switzerland authorities which will start trading on SIX, the 4th largest exchange in whole Europe which has a market capitalization of over $1.6 trillion. ETF offered by Amun AG Amun AG, a cryptocurrency startup is offering the fund that will allow the institutional investors to invest in the major cryptocurrencies such as bitcoin, ethereum, ripple, litecoin, and bitcoin cash. Hany Rashwan, the CEO and Co-founder of the company said that the following ETP will provide an opportunity to the institutional investors that are restricted to investing in just securities and also give the same opportunity to retail investors that are unable to access cryptocurrency exchanges to due regulatory pressure. The CEO also said that before choosing Switzerland, the company had explored 23 other destinations around the world but found Swiss the most suitable. The ETF will allow investors in buying the market and investing in crypto market as a whole. When investors will be investing in a fund, an amount equal to their purchase value will be held on their behalf by the custodian. Related Topics:BCH ETFBitcoin Cash ETFBitcoin ETFBitcoin ETF newsBitcoin ETF updatesBitcoin exchange traded fundsBTC ETFBTC ETF newsCrypto ETFCrypto Exchange Traded FundsCryptocurrency ETFCryptocurrency Exchange Traded FundsETFETH ETFEthereum ETFExchange Traded Fundslitecoin ETFLTC ETFRipple ETFXRP ETF Up Next XRP price analysis and market updates Don't Miss Ethereum Price Analysis: Can ETH cross 200? Continue Reading You may like Alert: CME Bitcoin Futures Experiencing Record Breaking Volumes Alert: The Last Chance to Buy Cheap Bitcoin: BTC to the Moon! Bakkt: Huge Budget for 2019: Taking Bitcoin to the Moon? Is Bitcoin about to Boom? Is it the best time to buy BTC? Bitcoin ETF: Van Eck BTC ETF withdrawn Trump Government Shutdown: Impact on Bitcoin ETF, Bakkt and Cryptos. 8 Comments 8 Comments Pingback: Bitcoin ETF: Worlds first Bitcoin ETF approved – The Coinage Times Pingback: FGC Group | Bitcoin ETF: Worlds first Cryptocurrency ETF approved Pingback: New investors are always interested in strategies to get started earning money without shelling out big quantities. Foreign exchange is key to turning a little bit right into a lot without waiting for months or years for many organization to develop. This Pingback: Meet Your Forex Trading Goals Quickly And Easily – The Life snyder00bengtsson Blog 923 Pingback: Just Starting With Forex? Try These Tips! – The Journaling lopez99lopez Blog 680 Pingback: Simple Tips For Foreign Exchange Market Traders – The Journey estes37rich Blog 801 Pingback: Super Tips That Make Forex Trading Smarter – The Journey estes37rich Blog 801 Pingback: Bitcoin7 days ago Top 3 Bullish Bitcoin Predictions for 2019 – Cryptocurrencies World News Leave a Reply Cancel reply Your email address will not be published. Required fields are marked *Comment Name * Email * Website #Bitcoin Alert: CME Bitcoin Futures Experiencing Record Breaking Volumes Published 23 hours ago on February 22, 2019 By Nadja Eriksson These days saw the highest and rapid increase ever for Bitcoin futures on the Chicago Mercantile Exchange as the amount exceeded 18,000. Institutional investors are paying attention to this as the bitcoin future contracts get snapped up at an ever-increasing rate. Record of BTC Contract Size on CME: As per the stats of CME they were 18,338 on Wednesday, which is the highest figure ever recorded till now. This is equivalent to 91,690 Bitcoins or roughly $365 million at today’s prices. Upcoming contracts enable explorers to bet on the prices rather than to purchase the physical assets. So these figures might be a little misleading. When the new product which offers the physically settled contracts hit the market, they will be paying out in BTC which will drive tremendous momentum for crypto markets. Over the past year or so the expectation of a crypto Exchange Traded Fund (ETF) being launched has been telecasted and dominated the news. The year 2018, has been the year of regulation and cooling off which was only to be expected after the previous year of rampant FOMO and parabolic market action. This year 2019, is expected to be different as many industry experts predict the launch of at least one institutional investment vehicle. As per the Block European exchange giant, Eurex is preparing to launch crypto and bitcoin futures so the list of institutional offerings is increasing rapidly. The cognate exchange is operated by Germany’s Deutsche Börse, which will be offering Bitcoin, Ethereum and XRP imminently according to the report. Exchange traded funds are the future: In addition to these future products, there is already one type of Exchange Traded Funds that are actually traded through an ETN (exchange-traded note) which allows investors to get direct exposure to Bitcoin prices. The Grayscale Bitcoin Trust (GBTC) crosses the technicalities of buying and storing Bitcoin but still allows investors to get into the action by buying shares that trade at around a thousandth of the price of BTC. GBTC has been highly popular with over $800 million which is already invested in the Bitcoin fund. Furthermore, Bitcoin is the most popular. The fund eliminates the volatility of buying and owning Bitcoin directly which is something that institutions want. Continue Reading #Bitcoin Elon Musk: Cryptocurrency is the future, Paper Currency going to end. Published 3 days ago on February 20, 2019 By Nadja Eriksson Enthusiastic towards cryptocurrency also the CEO of Tesla, Elon Musk, stated that the Day is not far when the paper currency will fade away and shall be replaced by the Bitcoin. Which clearly means Musk is in favor of the decentralized currency ( also known as cryptocurrency). In one of the episodes of ‘On The Road To Full Autonomy With Elon Musk, which is hosted by Tasha Keeney, the CEO spoke and discussed the developments that Tesla shall undergo and also spoke about the cryptocurrency with regard the future of technology and finance. When Elon Musk was asked regarding Jack Dorsey’s prediction, which was that the Internet shall be witnessing Bitcoin as its native currency soon, Elon Musk answered it and found it interesting. He further said that the idea and also the structure of the Bitcoin is great and it seems like there is some advantage to Ethereum. Elon Musk is not sure whether it will be good for Tesla resources to get into cryptocurrency. Elon Musk also said that Bitcoin and Ethereum scammers were so rampant on Twitter, he decided to join in and He said at one point that he wants to buy some Bitcoin. Then his account got suspended cause obviously there was some automatic rule, he then ended the conversation by saying that he was just joking. A campaign was started by Twitter which deleted several bogus accounts for “coordinated manipulation,” and promotion of cryptocurrency scams, Elon Musk appreciated the website’s efforts. Elon Musk added that the disadvantage of cryptocurrency is that the nature of production is energy intensive as regards to the mining process. Keeney referenced to the terrible financial condition in Africa, where the restrictions on the currency stop the citizens from converting their currencies and forcing them to go through the US dollar. To which Musk replied that cryptocurrency is a far better way to transfer money or value rather than pieces of paper. Paper money is going away. Even after Elon Musk’s positive statement on cryptocurrencies, his recognition for the structure and concept of Bitcoin and Ethereum and his confirmation that paper money will be replaced by the decentralized currency, the Tesla CEO made it clear that his company will not be selling Bitcoins. Continue Reading #Bitcoin Tim Draper: Bitcoin Mass Adoption till 2021 Published 3 days ago on February 20, 2019 By Layla Harding Bitcoin is considered as digital gold or e-gold which has achieved dominance in the field of cryptocurrency. Tim Draper, who is the inventor of the Billionaire Bitcoin, predicted the rapid increase in the growth of the Bitcoin or cryptocurrency in the world and said in an interview with the FOX Business on 18th Day of February 2019 that the world will soon start buying coffee by using Bitcoin. According to his prediction, the world is just 2 years away from when everybody shall start to use Bitcoin. By 2023, Baristas would be laughing at people who shall make the payment of their purchase by using the currency other than the Bitcoin, Tim Draper added. Even after having a large number of Bitcoins, Tim Draper has no plan to trade or sell any of his Bitcoin. Tim Draper previously claimed and predicted that by 2022, the net value of Bitcoin will reach to $250,000 per coin. The prediction is also said to be the highest prediction coming from the industry of cryptocurrency. But Draper is still not clear on how this rapid growth will take place but he is enough confidence that there will be massive growth in cryptocurrency. Recently the CEO of Twitter, Jack Dorsey also publicized Bitcoin. Continue Reading Advertisement Advertisement Advertisement Advertisement Latest Crypto News #Exchange5 hours ago German’s Giant Derivatives Exchange to launch BTC, ETH and XRP futures. #STO5 hours ago STO: Thailand set to legalize Security Token Offerings #Scam21 hours ago Bitconnect Scam: How to receive $2.5 Billion Refund from FBI? #Bakkt22 hours ago Bakkt: How will it affect Bitcoin Price? 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