Financial indexes bring legitimacy to emerging asset classes, CoinShares Chairman Danny Masters told CoinDesk.
It joins several other ETP providers on the exchange, including ETC Group, with its own physically backed bitcoin product.
CoinShares announced Tuesday investors will be able to access audit reports, generated every 30 minutes, for the ETPs offered by its subsidiary XBT Provider.
CoinShares, Nomura Bank and crypto security firm Ledger have formally launched a digital asset custody business targeting institutional investors.
The new hire brings the London-based digital asset manager connections to major financial institutions in Europe.
For all of bitcoin’s promise of being the world’s first decentralized, peer-to-peer cryptocurrency, 65 percent of the total hash power resides in China, according to a recent report by CoinShares Research.
On this episode of Bitcoin Macro: "For traditional investors, it's sort of a challenging paradigm when these three things are wrapped together."
Two years in the making and already backed by some $20 million in digitized gold, CoinShares announced the DGLD token Tuesday.
CoinShare's called the ban proposal of ETNs "unwarranted" and "not been properly thought out or considered."