Investment Advisors Suggest Bitcoin as a Long Term Asset
Thom Lachenmann and Parke Shall, advisors at Orange Peel Investments, have invested in bitcoin and suggest investors take a small position in the asset for the long term. Writing in Seeking Alpha, they noted that the Brexit referendum is a sign that bitcoin will become a serious safe haven for investors. The advisors noted they were not quick to take an interest in bitcoin when it began. They were skeptical of a currency that was not widely accepted or regulated. But in eight years, they see it is being used as a safe haven for investors looking to evade the British pound’s volatility and....
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Brokerage firm Interactive Brokers Group has announced that it is launching crypto trading for investment advisors. The firm is bringing cryptocurrency investment to investment advisors in the U.S. to help streamline the process of investing clients’ funds in the market. Financial advisors are able to invest and custody cryptocurrencies like Bitcoin, Bitcoin Cash, Litecoin, and […]
In partnership with Eaglebrook, the strategies will be offered to registered investment advisors. Cathie Wood's investment firm, ARK Investment, is making its two actively managed crypto strategies available to registered investment advisors. The strategies will be available as separately managed accounts (SMAs) through a collaboration with the digital asset platform Eaglebrook, the companies announced on Oct. 3. The ARK Cryptocurrency Strategy aims to capitalize on the monetary revolution, said the companies in the statement, claiming that it "could serve as a strategic allocation in....
Grayscale Investments has partnered with Icapital Network to provide more than 6,700 advisors access to its cryptocurrency investment products. “Advisors and their clients have expressed increasing appetite for uncorrelated return potential in their portfolios, and digital currencies are at the center of the conversation right now,” said the CEO of Icapital.
Over 6,700 Advisors Now Have Access to Grayscale’s Crypto Investments
Grayscale Investments announced Monday a partnership with Icapital Network, a platform connecting advisors and high net worth....
Registered investment advisors (RIAs) with about $110 trillion under management can now offer their clients cryptocurrency trading through Interactive Brokers. RIAs manage portfolios of almost 61 million clients.
Registered Investment Advisors Can Now Offer Cryptocurrencies to Clients
Global investment firm Interactive Brokers Group (Nasdaq: IBKR) announced Monday the launch of cryptocurrency trading for registered investment advisors (RIAs) in the U.S.
This offering will enable RIAs to “trade and custody bitcoin (BTC), ethereum (ETH), litecoin (LTC) and....
The Grayscale Bitcoin Trust, which trades under the ticker symbol GBTC, is being snatched up by institutional managers looking for more traditional exposure to digital assets. New filings with the United States Securities and Exchange Commission, or SEC, reveal that four wealth management companies have acquired shares of Grayscale’s Bitcoin Investment Trust, offering further evidence of institutional adoption of digital assets. As first reported by MacroScope, a Twitter feed devoted to institutional trading and asset management, the firms disclosed their GBTC holdings in new filings for....