Capital inflows into crypto funds and investment products plummeted during the first week of January after posting new all-time highs in late-December. According to crypto fund manager CoinShares’ Jan. 11 Digital Asset Fund Flows report, the first week of trading in the new year saw just $29 million flow into institutional crypto products. That's a greater than 97% decline from the $1.09 billion invested during the week before Christmas. Volumes are likely to have been dampened by traders taking holidays over the new year. However the firm also notes that December’s surging inflows have been followed by recent “evidence of …

The second-largest German exchange Tradegate has implemented KNC’s XBT Provider ETN, the first regulated Bitcoin exchange-traded note. The move sees Germany overtake the pioneering Swedish market to become the largest worldwide, where both small- and large-scale investors can bet on the Bitcoin price via an ETN. BitcoinCommodities CEO Dennis Daiber told local news resource Bitcoinblog.de: “As soon as an ETN is created somewhere in the world, theoretically it can be introduced on any German exchange — there just has to be the demand from someone.” Demand for ETN from the Swedish Nasdaq has been brisk since its introduction on May …

XBT Provider has issued the world’s first bitcoin tracker to be used on a regulated exchange; Mexican Bitcoin Exchange Volabit launches ‘Whatsapp Personal Assistant’ and more top stories for May 18. World’s first ‘bitcoin tracker’ goes live on a regulated exchange XBT Provider has become the first issuer of the world’s first Bitcoin tracker to be traded on a regulated exchange. The company, which is a public limited liability company incorporated under Swedish law, says this will make it easy for entities and individuals to trade in bitcoin. XBT Provider: “We are proud to offer the world’s first “Bitcoin tracker” …

Announcing the launch of a financial product called “Bitcoin Tracker One”, XBT Provider has created the world's first regulated Bitcoin exchange-traded note. Working with Stockholm based brokerage and investment bank Mangold Fondkommission, XBT Provider has received the approval of the Swedish financial supervisory body Finansinspektionen. This authorization means that the financial note “Bitcoin Tracker One” is allowed to be traded on the Stockholm Nasdaq Nordic. Speaking about the news, Alexander Marsh, CEO of XBT Provider explained how he hoped the move would allow more investors to feel they can safely speculate on Bitcoin. "We are proud to offer the world`s …