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Showing 91 - 100 of 407 results for "Crypto"

How advisers can reap additional $2.1bn in revenue

KARREN VERGARA  |  THURSDAY, 25 JUL 2024
Financial advisers are poised to generate $2.1 billion in new revenue over the next five years and add nearly 500,000 clients to their books if they are proactive in managing seven key factors, Deloitte Access Economics says. Despite the enormous regulatory ...

SEC gives final approval for Ethereum ETFs

ELIZA BAVIN  |  TUESDAY, 23 JUL 2024
... currency industry. "Given the SEC sign-off required to launch, these advisors can for the first time consider a second crypto asset ETH, without having to worry about regulatory uncertainty or future regulatory ramifications," they said. "With additional ...

Kraken expands custody solution to Australia

ELIZA BAVIN  |  FRIDAY, 19 JUL 2024
... custody solution. The cryptocurrency exchange said eligible investors in the UK or Australia can store, manage, and transfer crypto assets in Kraken Custody from today. Kraken Custody will allow investors to trade cryptocurrencies while funds remain ...

BitConnect promoter hit with good behaviour

KARREN VERGARA  |  TUESDAY, 16 JUL 2024
The promoter of BitConnect who pleaded guilty to spruiking a fraudulent scheme has been handed a good behaviour order and escaped jail time. The District Court of New South Wales ordered John Bigatton on good behaviour for three years, starting from ...

Bitcoin ETF price war: VanEck, Monochrome cut costs

ANDREW MCKEAN  |  FRIDAY, 12 JUL 2024
... achieve for investors and said it "proudly stands" as the first and only Bitcoin ETF in Australia licenced under a retail crypto asset AFSL authorisation. "These crypto-centric investor protection rules were put in place to safeguarding investors from ...

ETFs trump active managed funds in core portfolios

KARREN VERGARA  |  THURSDAY, 11 JUL 2024
Financial advisers are helping drive the shift to passive funds as they choose exchange-traded funds (ETFs) over active, unlisted managed funds as a core building block in clients' portfolios. According to Investment Trends head of research Irene Guiamatsia ...

Australian ETF industry blazes past $200bn

ANDREW MCKEAN  |  WEDNESDAY, 10 JUL 2024
The Australian ETF industry has rocketed past $200 billion in assets under management, with a prominent fund manager forecasting it could grow to $500 billion by 2030. ETF market capitalisation jumped by 15.7% in the first half of 2024 to $205.3 billion. ...

Global X cuts management fees

ELIZA BAVIN  |  THURSDAY, 20 JUN 2024
... Asia Pacific region in 2022. Global X chief executive Evan Metcalf said the fee reduction comes amid increasing demand for crypto products in the Australian market and demonstrates Global X's commitment to providing investors with competitive solutions. ...

ASIC appeals judge's call to not penalise Block Earner

JAMIE WILLIAMSON  |  TUESDAY, 18 JUN 2024
... commenced civil penalty proceedings against Block Earner, which offered a range of fixed-yield earning products based on crypto-assets, alleging Block Earner was running an unregistered managed investment scheme. In February this year, the Federal Court ...

First Bitcoin ETF to launch this week on ASX

ANDREW MCKEAN  |  MONDAY, 17 JUN 2024
... is pleased to bring Bitcoin to the Australian market as a regulated financial product on the ASX. "Notwithstanding that crypto investing is a polarising topic, we recognise Bitcoin is an emerging asset class that many advisers and investors want to access. ...