Trade Talks on Bitcoin

#TradeTalks: The first direct custody Bitcoin ETF in the world with Som Seif, CEO of Purpose Investments 

Canadian securities regulators have cleared Purpose Investments to launch the first direct custody Bitcoin ETF in the world. Bitcoin is gaining popularity among individual and institutional investors for years now, but it remains a difficult asset to gain exposure. However, it will give investors a simple, efficient and affordable way to own Bitcoins with the bitcoin ETF.

The ETF will be the first in the world to invest directly in physically settled Bitcoin, not derivatives, allowing investors easy and efficient access to the emerging asset class of cryptocurrency without the associated risk of self-custody within a digital wallet. 

#TradeTalks: What you need to know about the institutional adoption of #crypto with Peter Smith, CEO of Blockchain.com 

Cryptocurrencies have been making waves in the financial world recently, and people are starting to get more and more interested in these digital assets. There are a lot of people who think that cryptocurrencies are the future of money, and the market has seen a massive influx of new people getting into the market.

With the recent news about security issues with the popular cryptocurrency exchange Coinbase, it’s essential for everyone to be aware of the importance of securing their crypto currency assets. There are many different solutions out there, and it’s important to choose the right company to keep your currency safe.

A lot of people make the mistake of thinking that crypto is a get rich quick scheme.  It’s not; it’s a get rich slow scheme. The market for cryptocurrency is extremely volatile, which means that the value can drop or rise drastically within a short period of time. Still, if you can hold for a few years and be patient for the right moments, you can make some really great profit

#TradeTalks: Connecting institutional and decentralized capital markets, and the rise in #bitcoin with Amber Ghaddar, co-founder of Alliance Block

Cryptocurrencies are getting a lot of interest from institutions, because of the high volatility and high returns compared to other asset classes, and the low correlations to other asset classes. 

  • Tesla just purchased about $ 1.5 billion in Bitcoin
  • Mastercard is bringing crypto onto its network
  • You can now buy, sell, and Cryptocurrency with PayPal.
  • BNY Mellon (NYSE: BK), the world’s largest custodian bank with some $41 trillion in assets in its safekeeping, is moving into crypto.

Bitcoin is the oldest and most popular blockchain project. Usually, Bitcoin is the driver of all the other cryptocurrencies; but today, we are seeing the rise of other cryptocurrencies like Ethereum, Tether, and many more. 

AllianceBlock is a blockchain-based ecosystem that enables cross-asset investment banking, bridging the gap between traditional and decentralized financial markets that collectively represent the future of investment banking.

#TradeTalks: #Bitcoin crosses $50,000 and #ethereum up nearly 140% since the start of 2021 with Steven Ehrlich, Forbes Crypto Director of Research

Reason for Bitcoin’s growth

  1. The narrative of Bitcoin is changing and that people are accepting that Bitcoin is gold 2.0. Interest from institutions such as  MicroStrategy and Tesla,  each has bought more than $1 billion worth of Bitcoin, which contributed to this growth.
  2. There is an increase in market infrastructure such as crypto prime broker service, institutional custodian service, and some startups are even providing crypto prime brokerage service for family offices and institutions.  
  3.  Satoshi Nakamoto, the creator of Bitcoin, designed the code so that there would only ever be 21 million Bitcoins on the network. Currently, there are only about 2.5 million Bitcoins left to mine.

Reason for Ethereum’s growth, the world’s second-biggest cryptocurrency

  1.  The rise of Ethereum has been in part due to its support of Decentralized Finance (Defi), a concept that focuses on blockchains and smart contracts rather than traditional financial intermediaries.
  2. Ethereum’s growth and its blockchain technology have come from its layer 2 solutions — technology built on top of the Ethereum network that is highly scalable and efficient — and its synonymity with stablecoins, which are primarily anchored to the Ethereum network.
  3. Increase interest from institutions such as JP Morgan, Amazon, and Microsoft Azure.

#TradeTalks: Bitcoin as it crosses $1Trillion in market cap with Jeff Kilburg, CEO of KKM Financial 

Retail participation in the stock market is increasing day by day and the stocks are closing at an all-time high. This shows that people are investing more in the stock market and are looking for better returns from the market.

Bitcoin has officially hit the $1 trillion market cap, a highly anticipated milestone by those in the cryptocurrency space but a surprise to the rest of the world. Bitcoin, the cryptocurrency that came to prominence during the financial crisis, has soared in value in recent months as many investors have called bitcoin the new gold.

Cryptocurrency is the future and it’s definitely going to be a big part of our lives going forward. In the future, we might even get paid by your employer in cryptocurrency. Even the Bank of New York is entering crypto custody to serve the growing interest in digital assets among institutional investors.

#TradeTalks: What needs to be achieved to get a bitcoin ETF to market with Ben Slavin, Global Head of ETFs Asset Servicing of BNY Mellon

  • When the first Bitcoin ETF tracker was listed in Canada, it smashed the all-time record for the first-day trading volume. 
  • The Greyscale BTC product is also taking significant flow this year. And those assets are now above 30 billion in total volume. 

There is undoubtedly a demand for Bitcoin ETFs in the market. The regulatory environment in the US still remains cloudy. There’s a lot of optimism from an ETF standpoint that an ETF will be approved by the S.E.C. There is no specific indication and it is hard to speculate but some expert is predicting it might be 2022

until we see those products listed in the US.

Difference between smart beta ETF and non-smart beta; on the beta side, fees are driving the market. And there’s been an incredible amount of pressure by the industry, but this has been great for investors. It’s just driving the overall costs down for shareholders. 

The non-beta market is intensifying; again, with fee compression, lots of innovation, and lots of issuers coming to the market. It will be challenging for the industry but great for shareholders. The fight for nonmarket cap-weighted between those two will continue to intensify in terms of fees and product development.

#TradeTalks: The Hashdex Nasdaq Crypto ETF tracks the Nasdaq Crypto Index with Marcelo Sampaio, CEO of Hashdex

Launching in 2018, Hashdex Crypto Asset ETF is the world’s first all-in-one digital asset index fund. Hashdex provides investors with a cost-effective and straightforward way to invest in a basket of crypto assets with a single investment. The new fund has been designed to help investors achieve portfolio diversification without sacrificing growth potential.

Investing in cryptocurrencies can be risky, but If you own a diversified portfolio of cryptocurrencies, you can reduce your risk because the fall of one cryptocurrency will not affect your overall portfolio as much as if you only owned one coin.