Tags : legacy

Bitcoin

Legacy US bank increases Bitcoin exposure via Grayscale Bitcoin Trust

A division of Chicago’s First Midwest Bank increased its Bitcoin exposure last month, a filing with the US Securities and Exchange Commission showed.  BTC institutional watch: In an SEC filing today, First Midwest Bank Trust Division, based in Joliet, Illinois, reported holding 29,498 shares of Grayscale Bitcoin Trust as of June 30. Previously, it reported […]Read More

Bitcoin

A legacy US firm just filed for a Bitcoin ETF

Regulators have long shunned Bitcoin ETFs in the US, but that’s not stopping firms from trying their luck repeatedly. VanEck makes Bitcoin ETF move VanEck, a New York-based investment management firm founded in 1955, has filed for a Bitcoin exchange-traded fund with the US Securities and Exchange Commission, as per a filing released Wednesday. The […]Read More

Bitcoin

Bitcoin is now at $23,000, but legacy funds are calling

Pioneer cryptocurrency Bitcoin did one for the record books today after it crossed the $22,000 mark for the first time in its 12-year history. The milestone came mere hours after the asset reached an all-time high of $20,000, bumped immediately afterward to $21,000, and then marched on to $22,000. Bitcoin has surged by 10% in […]Read More