Exchange-traded product

DeFi Technologies' Wholly-Owned Subsidiary Valour Inc. Announces Groundbreaking Collaboration with Bitcoin Suisse AG on Physical Backed Digital Asset Exchange Traded Products

Retrieved on: 
Tuesday, July 18, 2023

The product partnership aims to issue Exchange Traded Products (ETPs) backed 1:1 by digital assets, leveraging both Valour Inc.'s and Bitcoin Suisse AG's unique capabilities and long standing expertise in the digital asset market.

Key Points: 
  • The product partnership aims to issue Exchange Traded Products (ETPs) backed 1:1 by digital assets, leveraging both Valour Inc.'s and Bitcoin Suisse AG's unique capabilities and long standing expertise in the digital asset market.
  • The collaboration follows Valour Inc.'s recent launch of its first physically backed ETP, the 1Valour Bitcoin Physical Carbon Neutral ETP.
  • Along with this, Valour Inc. maintains a diverse range of digital asset ETPs across various European exchanges, banks and broker platforms.
  • In addition to the new physically backed digital asset platform, Valour offers fully hedged digital asset ETPs with product listings across European exchanges, banks and broker platforms.

Worldwide Digital Asset Based Exchange Traded Products AUM Grew 76% Year-To-Date and 10.7% In June

Retrieved on: 
Tuesday, July 11, 2023

The AUM increase was at a 52% premium to the underlying value of digital assets, which grew slower at 50% since the beginning of the year.

Key Points: 
  • The AUM increase was at a 52% premium to the underlying value of digital assets, which grew slower at 50% since the beginning of the year.
  • "It's an upward trend so far this year, and that's attracting capital," said Fineqia CEO Bundeep Singh Rangar.
  • During the same time, the overall value of crypto assets grew 4.7%, to about $1.20 trillion from $1.14 trillion.
  • ETH denominated ETPs AUM dovetailed this rise, growing 3% to $7.8 billion on June 30, compared with $7.6 billion a month earlier.

Worldwide Digital Asset Based Exchange Traded Products AUM Grew 76% Year-To-Date and 10.7% In June

Retrieved on: 
Tuesday, July 11, 2023

The AUM increase was at a 52% premium to the underlying value of digital assets, which grew slower at 50% since the beginning of the year.

Key Points: 
  • The AUM increase was at a 52% premium to the underlying value of digital assets, which grew slower at 50% since the beginning of the year.
  • "It's an upward trend so far this year, and that's attracting capital," said Fineqia CEO Bundeep Singh Rangar.
  • During the same time, the overall value of crypto assets grew 4.7%, to about $1.20 trillion from $1.14 trillion.
  • ETH denominated ETPs AUM dovetailed this rise, growing 3% to $7.8 billion on June 30, compared with $7.6 billion a month earlier.

Brompton Group Opens the Market

Retrieved on: 
Monday, June 26, 2023

TORONTO, June 26, 2023 /CNW/ - Mark Caranci, President and Chief Executive Officer, Brompton Funds, and his team joined Graham MacKenzie, Managing Director, Exchange Traded Products, Toronto Stock Exchange, to celebrate the launch of the Brompton Split Corp.

Key Points: 
  • TORONTO, June 26, 2023 /CNW/ - Mark Caranci, President and Chief Executive Officer, Brompton Funds, and his team joined Graham MacKenzie, Managing Director, Exchange Traded Products, Toronto Stock Exchange, to celebrate the launch of the Brompton Split Corp.
  • Preferred Share ETF (TSX: SPLT) and to open the market.
  • Brompton Funds manages over $2.7bn AUM in 20 exchange-traded funds (ETFs) and other TSX traded investment funds.
  • Information about Brompton Funds' entire product line, including SPLT, is available at: https://www.bromptongroup.com/all-products/ .

EQM Indexes Drops the Beat with the Launch of MUSQ Global Music Industry Index

Retrieved on: 
Tuesday, June 6, 2023

San Diego-based index developer EQM Indexes announces the latest in its suite of Thematic Indexes, the MUSQ Global Music Industry Index with the index ticker “ MUSQIX .” The Index offers exposure to “All Things Music” — holding global, publicly traded companies and royalty funds with a core business interest in the global music industry.

Key Points: 
  • San Diego-based index developer EQM Indexes announces the latest in its suite of Thematic Indexes, the MUSQ Global Music Industry Index with the index ticker “ MUSQIX .” The Index offers exposure to “All Things Music” — holding global, publicly traded companies and royalty funds with a core business interest in the global music industry.
  • Global music industry market segments held include: music streaming, music content and distribution, live music events and ticketing, satellite and broadcast radio, and music equipment and technology.
  • “The MUSQ Global Music Industry Index is the first and official music industry index to capture the performance of the global music industry.
  • MUSQ LLC is the mastermind behind the MUSQ Global Music Industry Index (MUSQIX), which has been licensed as an ETF.

Worldwide Digital Asset Based Exchange Traded Products AUM Grew 59% Year-To-Date

Retrieved on: 
Wednesday, June 7, 2023

The AUM increase was at a 37% premium to the underlying value of digital assets, which grew slower at 43% since the beginning of the year.

Key Points: 
  • The AUM increase was at a 37% premium to the underlying value of digital assets, which grew slower at 43% since the beginning of the year.
  • This can be attributed to the price rise of main digital assets that underpin ETPs such as Bitcoin and Ethereum vis-à-vis smaller alternative coins, as well as capital inflows into these listed products.
  • Ethereum (ETH) denominated ETPs grew 1.6% increase in AUM, however, reaching $7.6 billion on May 31, compared with $7.5 billion a month earlier.
  • ETPs include Exchange Traded Funds (ETFs) and Exchange Traded Notes (ETNs).

Worldwide Digital Asset Based Exchange Traded Products AUM Grew 59% Year-To-Date

Retrieved on: 
Wednesday, June 7, 2023

The AUM increase was at a 37% premium to the underlying value of digital assets, which grew slower at 43% since the beginning of the year.

Key Points: 
  • The AUM increase was at a 37% premium to the underlying value of digital assets, which grew slower at 43% since the beginning of the year.
  • This can be attributed to the price rise of main digital assets that underpin ETPs such as Bitcoin and Ethereum vis-à-vis smaller alternative coins, as well as capital inflows into these listed products.
  • Ethereum (ETH) denominated ETPs grew 1.6% increase in AUM, however, reaching $7.6 billion on May 31, compared with $7.5 billion a month earlier.
  • ETPs include Exchange Traded Funds (ETFs) and Exchange Traded Notes (ETNs).

Ninepoint Partners Opens the Market

Retrieved on: 
Wednesday, May 31, 2023

TORONTO, May 31, 2023 /CNW/ - Alex Tapscott, Managing Director, Digital Asset Group, Ninepoint Partners, and his team joined Graham Mackenzie, Managing Director, Exchange Traded Products, Toronto Stock Exchange (TSX), to open the market and celebrate the launch of the Ninepoint Web3 Innovators Fund (TSX: TKN/TKN.U).

Key Points: 
  • TORONTO, May 31, 2023 /CNW/ - Alex Tapscott, Managing Director, Digital Asset Group, Ninepoint Partners, and his team joined Graham Mackenzie, Managing Director, Exchange Traded Products, Toronto Stock Exchange (TSX), to open the market and celebrate the launch of the Ninepoint Web3 Innovators Fund (TSX: TKN/TKN.U).
  • Ninepoint Partners LP is one of Canada's leading alternative investment management firms overseeing more than $8 billion in assets under management and institutional contracts.
  • Committed to helping investors explore innovative investment solutions that have the potential to enhance returns and manage portfolio risk, Ninepoint offers a diverse set of alternative strategies spanning Equities, Fixed Income, Alternative Income, Real Assets, F/X and Digital Assets.
  • Ninepoint Digital Asset Group is a division of Ninepoint.

Futu Holdings Announces Q1 2023 Results, Revenues Up 52.3% YoY

Retrieved on: 
Wednesday, May 24, 2023

HONG KONG, May 24, 2023 /PRNewswire/ -- Futu Holdings Limited (Nasdaq: FUTU) ("Futu" or the "Company"), a leading tech-driven digitalized brokerage and wealth management platform, reported its unaudited financial results for the first quarter of 2023. The Company recorded US$318.5 million (HK$2.5 billion) total revenues and US$161.5 million (HK$1.268 billion) non-GAAP adjusted net income.

Key Points: 
  • The Company recorded US$318.5 million (HK$2.5 billion) total revenues and US$161.5 million (HK$1.268 billion) non-GAAP adjusted net income.
  • By the end of the first quarter, the total client assets amounted to US$59.3 billion (HK$465.5 billion).
  • During the first quarter, ESOP bagged iWOW, a technology company in Singapore as one of the new clients.
  • Futu participated in 9 IPO projects in Hong Kong, ranking first among the industry according to third-party data [1].

HORIZONS ETFs AND NATIONAL BANK DIRECT BROKERAGE LAUNCH 12th BIGGEST WINNER TRADING COMPETITION

Retrieved on: 
Monday, May 15, 2023

TORONTO, May 15, 2023 /CNW/ - Horizons ETFs Management (Canada) Inc. ("Horizons ETFs") and National Bank Direct Brokerage ("NBDB") are pleased to announce today's launch of the 12th edition of the Biggest Winner trading competition (the "Biggest Winner"), a simulated exchange traded fund ("ETF") investment contest of ETFs listed on the Toronto Stock Exchange ("TSX").

Key Points: 
  • TORONTO, May 15, 2023 /CNW/ - Horizons ETFs Management (Canada) Inc. ("Horizons ETFs") and National Bank Direct Brokerage ("NBDB") are pleased to announce today's launch of the 12th edition of the Biggest Winner trading competition (the "Biggest Winner"), a simulated exchange traded fund ("ETF") investment contest of ETFs listed on the Toronto Stock Exchange ("TSX").
  • With $21,000 in cash available to be won by Canadians, I'm confident that this will be the biggest, Biggest Winner competition yet," said Rohit Mehta, President & CEO of Horizons ETFs.
  • "Today, investors have access to a wide range of Canadian-listed ETFs and the Biggest Winner competition offers a great opportunity to test strategies and learn about trading ETFs in a simulated environment," said Claude-Frédéric Robert, President of National Bank Direct Brokerage.
  • "We are excited to once again support Horizons ETFs in the Biggest Winner trading competition, as they continue to drive ETF adoption and education."