Fidelity International has announced that its Physical Bitcoin Exchange Traded Product will list on the London Stock Exchange, making it accessible to professional investors directly in the UK for the first time.
The surge in bitcoin ETF launches and funds flowing into the sector is transforming institutional investment in digital assets but arbitrage focused hedge funds are still the most attractive way to invest, according to new global research by London-based Nickel Digital Asset Management (Nickel).
Tim Lowe of Attestant writes that, created in 2009, bitcoin is a “Peer-to-Peer Electronic Cash System”. Vitalik Buterin extended bitcoin and launched Ethereum in 2015, a “Decentralised Application Platform”.
Digital asset exchange, Bullish, led by Tom Farley, has announced that it has acquired CoinDesk, the integrated media, events and index platform for the future of finance, from Digital Currency Group (DCG).
Nomura’s digital assets subsidiary, Laser Digital, has announced the launch of its Bitcoin Adoption Fund. The firm writes that the fund, which provides a seamless way for institutional investors to access the digital asset class, will be the first in a range of digital adoption investment solutions that Laser Digital Asset Management will bring to the market.
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