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Showing 11 - 20 of 171 results for "bitcoin"

Industry breaks records for assets, flows, and product launches

ANDREW MCKEAN  |  TUESDAY, 14 JAN 2025
... exposures," crypto and technology-focused ETFs were the industry's top performing products. The Global X 21Shares Bitcoin ETF (EBTC) was the best performer (146%), followed by the Global X FANG+ ETF (65.7%), and the Munro Climate Changers Leaders ...

Bitcoin now 7th largest global asset

ELIZA BAVIN  |  TUESDAY, 14 JAN 2025
Bitcoin finished 2024 up 123.4%, ranking as the seventh largest global asset by market capitalisation, according to new research from Binance Australia. However, momentum stalled in late December when the US Federal Reserve scaled back its planned 2025 ...

Bitcoin returns 147%, outshines bull market

KARREN VERGARA  |  FRIDAY, 10 JAN 2025
Bitcoin reaped nearly four times more in returns compared to US equities during 2024, achieving 147% and trumping all the major asset classes. According to a VanEck and Bloomberg analysis, US equities delivered 38.2% for the year while global equities ...

Bull market buoys super funds' 2024 returns

MATTHEW WAI  |  WEDNESDAY, 8 JAN 2025
... this exposure by buying from motivated sellers at deep discounts." Shelley also added the ground-breaking investment in Bitcoin through its Dynamic Asset Allocation program has made a "positive contribution". Meantime, ASFA chief executive Mary Delahunty ...

AMP defies super fund herd with Bitcoin bet

ANDREW MCKEAN  |  TUESDAY, 17 DEC 2024
AMP has dared to go where no super fund has gone, taking the plunge with a "modest allocation" to Bitcoin, even as other industry heavyweights stand resolute in their rejection of the digital asset. Last week, AMP senior portfolio manager Steve Flegg ...

ETF industry scales to new heights: VanEck

ANDREW MCKEAN  |  FRIDAY, 13 DEC 2024
... relatively subdued activity as investors explored opportunities outside the local market, VanEck said. It also noted that Bitcoin briefly exceeded the US$100K mark in November, driven by a series of positive developments in the US. "The current euphoria ...

Crypto operator to fork out millions after court ruling

ANDREW MCKEAN  |  FRIDAY, 13 DEC 2024
... Trade offered a "margin extension" product, which allowed payments to be made and repaid in either digital assets like bitcoin or national currencies, without a target market determination (TMD). The Federal Court, however, found that the product was ...

Gensler to leave SEC in January

JAMIE WILLIAMSON  |  FRIDAY, 22 NOV 2024
... regulation of cryptocurrency. Most cryptocurrencies have surged on the back of Trump's election win, with the price of Bitcoin now over $150,000. Bloomberg reported recently that Trump is expected to create a White House role dedicated to overseeing ...

Australian ETFs reach $233bn in FUM

ELIZA BAVIN  |  TUESDAY, 12 NOV 2024
... positive market movements, pushed the Australian ETF industry to a new all-time high in assets under management. VanEck said bitcoin, viewed by many as a "Trump trade", had a blistering month, consistent with the "Uptober" trend that has often seen the ...

Monochrome launches Ethereum ETF

ANDREW MCKEAN  |  TUESDAY, 15 OCT 2024
... the past year, buoyed by a falling interest rate environment, increased investor risk appetite, and strong flows into Bitcoin ETFs. Crypto loans Monochrome Capital, a sister company of Monochrome Asset Management, is settling its first major loan today. ...