Citi is reportedly planning to introduce a cryptocurrency custody service next year. The company is making progress on the crypto custody service project it began roughly three years ago, said Biswarup Chatterjee, global head of partnerships and innovation in the services business at the banking giant, CNBC reported Monday (Oct. 13).
President Donald Trump softened his tone on China tariffs, which appeared to bolster investors' appetite for risk assets.
Coinbase applies for an OCC charter to expand its crypto custody reach while staying true to its "everything exchange" vision.
Cryptocurrency exchange Gemini said on Thursday it has launched an Australian operation as the firm expands into the country, offering its digital currency exchange services to tap into growing demand.
On this week's episode of ETF Prime, Roxanna Islam, senior research analyst at VettaFi, joins Nate Geraci to discuss mining ETFs, crypto, and the multi-share-class structure.
There was a time when -called experts advised retail investors against buying stocks trading below $10. That “wisdom” was heightened regarding sub-$5 names.
YieldMax Crypto Industry & Tech Portfolio Option Income ETF (LFGY) aims to generate income by writing call spreads on crypto-related equities. LFGY's structure has significantly underperformed its underlying holdings, returning only +13% YTD versus a 50%+ return from the portfolio's largest stocks. The ETF's approach fails to effectively convert capital gains into dividends and exposes investors to full downside risk during market downturns.
Bitcoin's rebound fuels optimism, with PYPL, HOOD, IBKR and V spotlighted as crypto-linked growth plays.
An interesting trend — one seen on various occasions with gold — is at play this month in the cryptocurrency space: Shares of bitcoin miners are outperforming the largest digital currency to the upside. Just look at the CoinShares Valkyrie Bitcoin Miners ETF (WGMI).
With billions in new, long-term deals from tech giants like OpenAI and Meta, CoreWeave has validated its strategy of being an optimized, dedicated player in a market hungry for compute power.
Shares in the cryptocurrency brokerage Gemini Space Station (NASDAQ: GEMI) have experienced a tumultuous beginning after their much-anticipated debut on Friday, September 12. The exchange set its IPO price at $28 per share, generating hundreds of millions of dollars while doing so.
Before spot bitcoin ETFs launched (and even before futures bitcoin ETFs), crypto equity ETFs helped build early appetite for crypto. They were the first real taste of bitcoin that investors could get in their traditional brokerage accounts.