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Showing 71 - 80 of 162 results for "digital assets"

BitConnect promoter hit with good behaviour

KARREN VERGARA  |  TUESDAY, 16 JUL 2024
... Australia's financial services industry. ASIC is committed to taking action against the unlawful promotion of high-risk digital assets to protect Australian investors." "This matter sends a clear message to Australians - that ASIC has and will act ...

DigitalX to launch Bitcoin ETF on ASX

ANDREW MCKEAN  |  TUESDAY, 9 JUL 2024
... investors," according to the PDS. In a June update to shareholders on its funds and the value of its Bitcoin and digital assets, Wade said the firm's funds traded lower that month, in line with the overall drop in digital asset prices. However, although ...

Global X cuts management fees

ELIZA BAVIN  |  THURSDAY, 20 JUN 2024
... cryptocurrency, we're seeing robust inflows into EBTC and EETH, a reflection of investors' optimism and growing interest in digital assets in the longer term," Metcalf said. "Naturally, as investors are presented with more choice in the market, we anticipate ...

First Bitcoin ETF to launch this week on ASX

ANDREW MCKEAN  |  MONDAY, 17 JUN 2024
... by managing all the back-end complexity. Understanding the technical aspects of acquiring, storing, and securing digital assets is no longer necessary." VBTC acts as a feeder fund, providing investors with exposure to Bitcoin by investing in the VanEck ...

Blockchain mining companies sued by ASIC

ANDREW MCKEAN  |  MONDAY, 15 APR 2024
... companies and of Mendham, Ten Caten, and Brown. ASIC said it applied for these orders because it was concerned that the digital assets of investors were "at risk of dissipation" and felt that the appointment of a receiver was the best way to protect ...

Monochrome makes play to become a spot Bitcoin ETF in Australia

ANDREW MCKEAN  |  MONDAY, 8 APR 2024
... expanding the investment universe for Australian investors," Monochrome chief executive Jeff Yew said. "As leaders in digital assets globally, their established track record and commitment to innovation and safe market accessibility aligns with Monochrome's ...

Investment managers embracing AI: Mercer

ANDREW MCKEAN  |  THURSDAY, 28 MAR 2024
... the way, with 61% of managers seeing significant prospects for value creation, followed by hedge funds at 53% and digital assets at 45%. Meanwhile, 47% of managers see significant potential for value creation in fixed income. "In the fixed income arena ...

ASIC warns it can't take action on every case of misconduct

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
... operations of several industry participants. "Whatever the regime, however, if you are operating a business engaged in digital assets, the onus is on you to satisfy yourself that you are operating within the law," he said. "That is, you have the appropriate ...

Advisers show growing interest in ASX-listed Bitcoin ETF

ANDREW MCKEAN  |  TUESDAY, 5 MAR 2024
... speaking, ASX have indicated they are focused on the issuer's capability, global footprint, and experience in the digital assets space," he said. Neiron continued by saying that VanEck is "uniquely placed" to launch the first Bitcoin ETF on ASX. "In ...

Tokenisation is the future: Northern Trust

CHLOE WALKER  |  TUESDAY, 30 JAN 2024
... the funds management industry must embrace. In a recent whitepaper, titled The future of funds, Northern Trust digital assets and financial markets specialist Asia Pacific Dan Sleep said tokenisation is an effective solution for those fund managers looking ...