|
 |
The world’s fourth-largest asset management company, Fidelity Investments, has revealed plans to launch two new exchange-traded funds (ETFs) that would allow investors to gain exposure to the broader crypto, blockchain, and digital payment ecosystems.
Commission-free trading platform Robinhood has listed four new cryptoassets on its platform: Shiba Inu (SHIB), Solana (SOL), Polygon (MATIC), and Compound (COMP). The price of each of the tokens moved up shortly after being listed.
Pantera Capital is planning on closing its Pantera Blockchain Fund, its first blockchain fund, in the next few weeks after raising about $1.3 billion, more than double its $600 million target when it began fundraising last November.
Over the course of days two and three (26 and 27 April) of City Week 2022, crypto industry leaders are gathering to hear from top regulators, including SEC Chair, Gary Gensler, CFTC Chairman, Rostin Behnam and FCA CEO, Nikhil Rathi, plus many well-known industry names. CryptoCompare readers can obtain a 20% discount by using the code CITY13CC20. Registrations can be made via City Week's website or via email at cityweekuk@cityandfinancial.com.
Top stories in the Crypto Roundup today:
- Fidelity to Launch Metaverse ETF, Digital Payments ETF
- Robinhood Expands Crypto Offering With Four New Tokens
- Pantera Capital to Close Blockchain Fund After Raising $1.3 Billion
- Get a 20% Discount on Tickets for City Week 2022
|
 |
Fidelity to Launch Metaverse ETFs
|
The world’s fourth-largest asset management company, Fidelity Investments, has revealed plans to launch two new exchange-traded funds (ETFs) that would allow investors to gain exposure to the broader crypto, blockchain, and digital payment ecosystems.
One of the ETFs, the Fidelity Metaverse ETF (FMET) will invest at least 80% of assets in securities included in the Fidelity Metaverse Index, along with depositary receipts representing securities in the index.
The other, the Fidelity Crypto Industry and Digital Payments ETF (DIG), will offer exposure to companies related to cryptocurrency, blockchain, and digital payments. Greg Friedman, Fidelity’s head of ETF management and strategy, said:
“We continue to see demand, particularly from young investors, for access to the rapidly growing industries in the digital ecosystem, and these two thematic ETFs offer investors exposure in a familiar investment vehicle.”
The funds are set to start trading around April 21. Both will be passively managed.
|
Robinhood Expands Crypto Offering With Four New Tokens
|
Commission-free trading platform Robinhood has listed four new cryptoassets on its platform: Shiba Inu (SHIB), Solana (SOL), Polygon (MATIC), and Compound (COMP). The price of each of the tokens moved up shortly after being listed.
In a statement, Robinhood’s chief brokerage officer Steve Quirk said the firm is “ excited to add more choices for our customers,” and added it has a “rigorous framework in place to help us evaluate assets for listing.” Quirk also said it remains “committed to providing a safe and educational crypto platform.”
The new offerings are being launched days after Robinhood made its cryptocurrency wallet available to 2 million waitlisted users, allowing them to use cryptocurrencies directly.
Along with the new offerings, Robinhood lets users buy and sell Bitcoin, Bitcoin Cash, Bitcoin SV, Ethereum, Dogecoin, Ethereum Classic, and Litecoin.
|
Pantera Capital to Close Blockchain Fund After Raising $1.3 Billion
|
Pantera Capital is planning on closing its Pantera Blockchain Fund, its first blockchain fund, in the next few weeks after raising about $1.3 billion, more than double its $600 million target when it began fundraising last November.
The fund is being launched during a record-setting period for cryptocurrency investment vehicles, which include a $2.5 billion fund from Paradigm that also started in November.
Pantera has also outlined plans for a second blockchain fund next year with essentially the same objectives as the initial fund – investing in early-stage, private tokens and venture capital.
The Pantera Select Fund is also expected to close in early May with around $200 million in capital. The fund is set to be used to support companies that are already open for business.
|
|
|
|
|
Get a 20% Discount on Tickets for City Week 2022
|
Over the course of days two and three (26 and 27 April) of City Week 2022, crypto industry leaders are gathering to hear from top regulators, including SEC Chair, Gary Gensler, CFTC Chairman, Rostin Behnam and FCA CEO, Nikhil Rathi, plus many well-known industry names.
This highly topical event is being held shortly after the UK government announced plans to make London a global hub for the industry, proposing a new regulatory regime for stable coins, a Royal Mint NFT and a range of other measures to attract companies.
Joining Gary Gensler and Rostin Behnam as speakers on day 2 and 3 are also Dr. Marcus Pleyer, President of the Financial Action Task Force, the head economist at ConsenSys Lex Sokolin, and Blair Haillyday, Gemini's UK head.
Topics being discussed include the SEC's priorities to reform financial regulation and critical issues surrounding it, the CFTC's role in regulating Digital Assets, financial crime, sanctions, and market abuse, and institutional adoption of digital assets. The full programme can be found here.
The event is taking place at Guildhall, London, with a virtual live stream booking option available for those unable to physically attend.
CryptoCompare readers can obtain a 20% discount by using the code CITY13CC20. Registrations can be made via City Week's website or via email at cityweekuk@cityandfinancial.com.
|
|
|
|
|
State of the Crypto by Top Tier Exchange Volume
|
Build your project with CCDATA
|
|
|
|
Terms
| Privacy
13 Charles II St, SW1Y 4QU
London, UK
This email may include advertisements by third parties. None of the advertised or promoted products and services have been verified or approved by us and this email is not any endorsement by us of the third party or of their products or services.
|
|
|
|
|
