German bank launches crypto fund covering portfolio of digital assets

Hauck & Aufhäuser’s Digital Asset Fund I will reportedly cover 85% of the total crypto asset market. German private bank Hauck & Aufhäuser announced its first crypto fund, the HAIC Digital Asset Fund I, launching Jan. 1, 2021. According to a report on  FundView, the initiative, a collaboration with Berlin fintech Kapilendo, will target institutional and semi-institutional […]

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VanEck launches physically-backed Bitcoin ETN on Deutsche Börse Xetra

After failing to get approval from the SEC in 2019, the investment management firm finally gets a Bitcoin ETP to market. After spending much of 2019 unsuccessfully lobbying to get its exchange-traded fund, or ETF, approved by the United States Securities and Exchange Commission, investment management fund VanEck has finally launched a Bitcoin-backed exchange-traded product. […]

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