eToro Senior Analyst Explains Why SEC Will Approve VanEck ETF

Mati Greenspan in an interview by a crypto news website said that there is a reason to believev that VanEck's ETF will get accepted by the the financial watchdog.

Greenspan said that the VanEck ETF is specifically designed for institutional invvestors with a contract size of 25 BTC, thus the ETF is certainly not for average investors.

He also added that when a billion dollar hedge fund investor would consider diversifying portfolio into bitcoin, they don't want to deal with things like private keys and cold storage.

They would also need the assurance of a trusted counterparty and a regulated exchange.

VanEck's Bitcoin ETF will be fully insured which big investors see very comforting.

With an insured product and fully managed solution, VanEck will most probably get the approval from the SEC.

Pantera Capital Reports Lifetime Return Of Over 10,000%

An crypto focused investment firm and hedge fund Pantera Capital reports in its 5th year anniversary that it's Fund's lifetime return has already reached 10.136.15% net of fees and expenses.

The company has invested to a number of major blockchain and cryptocurrency companies such as 0x, Bitstamp, Zcash, Korbit, Polychain Capital, Abra, Augur and more.

Pantera included on its announcement two previous emails where they predicted Bitcoin price, from $104, to trade at $5,000 one day, saying "We wanted to share the original logic —  as it is equally compelling today."

Study Says 3 Million British Investors Invested in Crypto Through Exchanges

A new study by the London-based investment house IW Capital that about 3 million British investors have put money into cryptocurrency via online trading platforms.

The study has also reported that only 5% of them have asked advice form professionals and 83% of them does not have full understanding about cryptocurrencies.

Also, 7% of the survey participants believe that cryptocurrency is more valuable than shares investments and traditional stocks.

Some news have suggested that the study coincides with the recent uptrend of Bitcoin.

Binance And Libra Credit Made Partnership to offer Loans To BNB Holders

Taking advantage of the increasing demand for cryptocurrency liquidity, Binance Labs has made partnership with Libra Credit, a cryptocurrency loans company.

Using the users BNB holdings as collateral, Binance Labs and Libra Credit will offer fiat and cryptocurrency loans.

This loan services has been growing in the cryptocurrency trading space and this partnership is one of the most exciting as it happens in the largest crypto exchange in the world.

Huobi To Expand In India With A P2P Trading

After several announcements of global expansion, Huobi, a major cryptocurrency exchange has informed Indian investors their intention to launch a P2P platform that allows trading in Indian rupee.

The notice which was sent in an email to Indian users and promises a zero transaction fee for trades in BTC, ETH and USDT.

Huobi said it is time to provide a solution for Inidian users to buy and sell cryptos with INR.

The decision was made after Huobi's recent survey to its Indian users.

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