BNY Mellon, founded by Alexander Hamilton in 1784 – the first US Treasury Secretary – has announced they are continuing to build out a highly advanced, robust, and secure digital assets custody business. “Touching more than 20% of the world’s investable assets, BNY Mellon has the scale to help our clients reimagine financial markets through …
Late last month, August 2022, the SEC announced a 45-day delay to rule on VanEck’s third Bitcoin Spot ETF application. This comes on the heels of the SEC denying Grayscale’s GBTC – an SEC backed Bitcoin Trust – conversion to a spot ETF, as well as Bitwise Asset Management’s application for a spot ETF, on …
Amongst the latest “hot topics” in the Financial Technology (FinTech) space is a cryptocurrency product aimed at changing the receptiveness of the international investment community to cryptocurrencies. Grayscale Investments, LLC has created the GBTC (Grayscale Bitcoin Trust), in an attempt to make a cryptocurrency product more marketable to institutional investors, pension funds, and other more …