Blockchain software company ConsenSys has acquired Quorum, an enterprise-variant of the Ethereum blockchain developed by JP Morgan. 

Digital assets have surged in popularity with investors seeking “safe havens” outside of traditional asset classes. Digital asset manager Grayscale Investments reports that a record USD905 million flowed into its family of 10 funds in the second quarter of 2020. 

MV Index Solutions (MVIS) in partnership with CryptoCompare, a specialist in digital asset data, has licensed the MVIS CryptoCompare Bitcoin Index (MVBTC) to Arrano Capital, the blockchain arm of Venture Smart Asia Limited, for its recently launched bitcoin fund. 

The “new gold” is how the young asset class of cryptocurrencies is often described.  With miners virtually unearthing new ‘coins’ every day via a decentralised system that operates beyond the influence of government, it’s easy to see the attraction. 

Asian investors now have access to an institutional grade bitcoin fund following the launch of a new fund by cryptocurrency investment specialist Stack.

Cryptocurrency liquidity provider and electronic OTC trading specialist B2C2 has launched a product for trading gold directly against Bitcoin (XAU/BTC).

The VanEck SolidX Bitcoin Trust will issue shares to Qualified Institutional Buyers (QIBs) providing investors access to a physically-backed bitcoin product that is tradeable through traditional and prime brokerage accounts.

PrimeXBT, a Bitcoin-based margin trading platform offering up to 500x leverage across forex, stock indices, commodities, and cryptocurrencies, has launched a new lower fee structure that includes a reduction in overnight financing fees on all crypto trading pairs, as well as a 10x reduction in trading fees across all forex pairs.

Mike Venuto (pictured), CIO of Toroso Investments and co-founder of the TETF index, which is designed to mirror the ETF industry, has commented on yesterday’s news that the SEC has suspended trading in XBT Provider’s Bitcoin Tracker One and Ether Tracker One.

The US’s Securities and Exchange Commission (SEC) has suspended the trading of Bitcoin Tracker One (CXBTF) and Ether Tracker One (CETHF) issued by XBT Provider AB in Sweden, citing a lack of current, consistent and accurate information which has resulted in confusion amongst market participants regarding these financial instruments.