Skip to content
Subscriber Only

VanEck Launches 16 Crypto Indexes After Withdrawing Bitcoin ETF

Bloomberg business news

Bitcoin: What’s Coming in the Year Ahead

VanEck Associates Corp. is giving its cryptocurrencies initiative another shot.

VanEck’s MV Index Solutions unit is partnering with CryptoCompare, a London-based digital asset data provider, to offer 12 single digital asset indexes, including for bitcoin and ether, and four indexes tracking baskets of five to 100 cryptocurrencies. The firm on Sept. 27 withdrew an application to list a bitcoin derivatives exchange-traded fund after the Securities and Exchange Commission said it wouldn’t review a petition for a fund that intends to invest in instruments that aren’t yet available.