$79,160.00
4.83%$1,561.79
6.60%$3.59
8.07%$1.86
9.91%$557.64
4.74%$0.999981
0.01%$108.02
10.43%$0.150074
13.26%$0.234028
4.78%$0.581772
10.34%$1,558.29
6.48%$79,052.00
4.85%$8.97
1.21%$0.999956
0.00%$3.10
8.36%$11.53
11.26%$16.94
14.44%$0.227633
10.06%$1,879.01
7.52%$0.00001131
8.38%$0.157102
21.07%$2.02
14.93%$6.28
4.43%$278.11
10.42%$71.06
10.81%$1.003
0.17%$0.999224
0.13%$4.17
9.76%$1,569.73
7.12%$27.81
0.62%$0.577855
3.80%$11.85
19.09%$205.69
9.79%$1,667.22
6.27%$52.16
4.62%$5.13
7.38%$1.047
0.03%$4.41
10.06%$0.00000627
6.43%$21.35
4.66%$79,023.00
4.57%$2.07
4.14%$29.86
0.88%$0.751789
10.87%$0.691988
3.06%$0.083767
8.15%$4.66
8.18%$1.16
0.11%$14.32
5.41%$0.997191
0.10%$1.00
0.00%$129.94
10.14%$4.27
4.08%$207.55
18.39%$4.03
0.00%$0.02008835
10.38%$78,650.00
6.71%$0.293711
10.71%$0.061883
10.12%$3.02
17.73%$7.72
4.74%$2.31
4.67%$0.173022
10.33%$2.45
10.83%$0.166085
9.75%$0.416984
6.64%$79,112.00
4.72%$0.269069
6.94%$9.26
23.48%$0.734601
7.76%$1,251.84
16.35%$3.97
-0.38%$0.065612
8.71%$0.389444
11.38%$1.001
19.32%$0.999651
0.30%$0.598617
6.31%$0.334802
7.28%$1,565.87
6.53%$1,621.26
5.92%$113.01
10.46%$61.86
4.67%$15.52
7.50%$1.003
0.15%$0.553818
13.61%$0.999659
-0.03%$0.998975
-0.00%$0.64155
8.95%$0.00001005
9.98%$0.998613
0.09%$0.315934
6.58%$1,765.95
6.52%$3,014.96
-0.58%$0.01172477
4.40%$0.148956
10.94%$78,646.00
4.25%$0.074342
9.30%$0.708398
10.10%$7.17
10.95%$0.387612
6.40%$3,025.69
-0.39%$559.18
4.50%$79,060.00
4.75%$0.999954
0.03%$0.598533
10.10%$1,660.72
6.75%$0.673127
3.42%$0.449844
9.70%$0.237778
9.43%$0.0132246
8.51%$0.098677
6.52%$0.00000059
5.39%$0.570595
32.24%$35.05
15.53%$0.14829
10.11%$27.02
7.13%$0.428851
4.31%$0.999375
0.03%$1.66
13.83%$0.322823
3.95%$138.55
10.19%$1.83
15.06%$0.01033078
20.58%$1.72
8.22%$0.998353
0.24%$0.0713
13.77%$1,631.24
6.64%$0.00004986
6.15%$2.66
15.35%$0.475745
22.42%$0.999986
-0.08%$1.61
12.14%$0.999987
-0.08%$2.82
15.83%$78,531.00
4.68%$0.410741
1.26%$0.999616
-0.15%$117.96
10.33%$13.15
6.87%$0.120079
12.54%$1.098
-0.19%$0.00465203
25.48%$3.93
-5.08%$0.548044
5.69%$0.999528
0.04%$0.447691
4.96%$0.00000041
1.72%$1.082
-0.28%$110.60
0.02%$0.154589
-0.41%$0.988124
-2.37%$79,011.00
4.75%$79,125.00
5.61%$0.210113
7.15%$0.150191
12.65%$23.39
-1.46%$1,657.26
6.45%$2.33
2.37%$12.97
6.86%$1.037
7.16%$0.00647424
9.89%$78,453.00
1.90%$0.03762227
3.42%$0.122509
8.78%$0.997495
0.08%$0.00001755
8.54%$0.999585
0.07%$78,752.00
4.86%$0.068662
2.30%$4.88
11.84%$0.555875
6.06%$38.38
2.84%$0.338567
7.28%$1,561.75
6.61%$1,559.89
6.34%$1,558.96
6.38%$5.07
6.90%$0.999292
-0.22%$0.00000158
5.00%$1,627.70
6.42%$0.069845
2.06%$0.395245
8.85%$0.7524
7.21%$0.00594253
10.06%$3.95
-5.07%$0.155529
15.13%$1,568.85
7.59%$0.00005617
6.20%$0.465281
6.10%$0.172873
9.70%$0.03033577
3.63%$1.43
-3.42%$0.00897564
13.95%$0.99952
0.11%$0.313691
8.52%$1.00
0.03%$1,587.29
6.65%$0.00328008
7.04%$0.335177
15.66%$2.41
0.11%$99.95
5.83%$0.02582935
5.04%$0.00406855
0.47%$2.68
2.63%$0.123462
2.90%$79,064.00
5.12%$2,999.69
-0.62%$1,533.43
5.60%$0.200981
6.24%$1,560.42
6.53%$1.00
-0.00%$78,611.00
4.32%$19.47
6.02%$0.469971
3.78%$0.945864
7.81%$0.409686
5.60%$0.198905
11.58%$20.88
3.34%$0.961354
7.75%$0.518032
8.30%$0.225801
9.95%$0.161774
6.95%$1,645.81
6.10%$0.999684
0.11%$1,708.45
6.53%$0.02720385
7.10%$0.892067
9.60%$1,587.40
3.75%$0.498401
6.49%$0.03024408
7.73%$1,694.75
6.51%$12.48
5.41%$0.599312
5.87%$0.999279
0.01%$0.089149
6.29%$2.56
1.61%$0.999985
-0.05%$16.94
14.11%$1,563.33
6.52%$0.00998236
6.47%$78,039.00
5.91%$11.40
11.63%$0.050476
4.95%$0.410677
7.38%$3.17
9.25%$0.00178435
7.78%$1.73
7.35%$0.00243214
15.12%Reading
Hauck & Aufhäuser, a German mid-sized bank founded in 1796, will launch a passively managed crypto fund in January 2021, it announced earlier today.
Germany's mid-sized traditional bank Hauck & Aufhäuser (founded back in 1796) starts crypto fund as of January 2021 - https://t.co/Y44328fReP
— Philipp Sandner (@philippsandner) December 3, 2020
The fund, officially the HAIC Digital Asset Fund I, will hold Bitcoin, Ethereum, and Stellar, among others, and is aimed at high-net worth investors and institutional clients. Hauck & Aufhäuser has partnered with Berlin fintech player Kapilendo for the launch.
Investors are not limited to any particular subscription period, meaning they can choose to invest or divest from the fund at any time. However, the minimum investment is €200,000 ($243,000).
Clients will be charged the industry average of 2.05% of their investment as fees. All crypto allocations will be selected based on current market caps, qualitative data, and high liquidity to ensure a smooth sale. Hauck & Aufhäuser said the portfolio covers over 85% of the total market for crypto assets with that criterion in mind.
Alexander Höptner, the former executive of Germany’s second-largest stock exchange, Börse Stuttgart, has been appointed by holding group 100x Group to lead its various products and investments, as per an announcement. He will join in January 2021. The group operates crypto derivatives exchange BitMEX, whose three founding members—Arthur Hayes, Samuel Reed, and Ben Delo—stepped down in October after facing multiple charges in the US. We are proud to introduce Alexander Höptner as our newly appoi...
“We see that digital assets and cryptocurrencies are becoming increasingly attractive among institutional investors,” said Holger Sepp, member of the Board of Hauck & Aufhäuser, in a statement.
He added, “With the launch of our first crypto fund, we have created an innovative investment vehicle that gives our customers inexpensive and secure access to the new crypto asset class while meeting the established quality standards and high demands of Hauck & Aufhäuser.”
The German parliament today passed a bill allowing banks to sell and store cryptocurrencies from next year. The new legislation will come into force on 1 January 2020, and will require current custody providers and crypto exchanges operating in the country to take steps, before the end of the year, to apply for a German license. The law will not only put Germany, the world’s fourth biggest economy, at the forefront of regulation in cryptocurrencies, but heralds a milestone in the adoption of...
The bank had recently founded an investment company for incubating blockchain startups based in Germany, the announcement said.
The development is the latest in what has turned out to be a significant year for German regulations and the adoption of cryptocurrencies. The country recognized Bitcoin as a “legal financial instrument” earlier this year, listed several Bitcoin exchange-traded funds, and paved out several crypto regulations to ensure the industry’s future.
But that’s not all. In 2019, German bank even predicted Bitcoin to hit $90,000. And given the asset’s recent run, that prediction may not be a pipe dream.
Top college football prospect Matai Tagoa’i is set to join football stars like Russell Okung, Odell Beckham Jr., and Trevor Lawrence by receiving his compensation in Bitcoin. The linebacker will be paid part of his earnings via the Strike app after signing a “name, image, and likeness” (NIL) deal with the University of Southern California (USC). The exact details of his package are not known, but some college football players, such as Shedeur Sanders, have received estimated payouts of up to $4....
The world’s largest asset manager BlackRock just debuted a new advertisement proselytizing the virtues of Bitcoin, but rather than cheer on the Bitcoin ETF issuer for its efforts, Bitcoiners aren’t happy. The video, which is housed on the iShares Bitcoin Trust (IBIT) ETF page on BlackRock’s website, spends three minutes walking viewers through the evolution of money and key fundamentals of Bitcoin. One of those fundamentals is Bitcoin’s 21 million fixed token supply. While the video explains t...
El Salvador may have reached a deal with the International Monetary Fund that will see the tiny country scale back its Bitcoin law—but it’s still going to “HODL.” And it might even step up its BTC buys. That’s according to Stacy Herbert, the head of El Salvador’s National Bitcoin Office, who wrote on X (formerly known as Twitter) Thursday that the country may even continue buying the cryptocurrency at an “accelerated pace” going forward. El Salvador in 2021 made Bitcoin legal tender along with...
