A US court has ruled in favour of Grayscale Investments in its lawsuit challenging the SEC’s decision to deny the conversion of the $16.9bn Grayscale Bitcoin Trust into an ETF.

Crypto asset investment manager Valour Digital Securities has launched a new ETP in Europe providing physically backed, staked exposure to Ethereum.

Jacobi Asset Management has introduced Europe’s first spot bitcoin ETF with the launch of the Jacobi FT Wilshire Bitcoin ETF (BCOIN NA) on Euronext Amsterdam.

Volatility Shares has introduced the first ETF in the US providing leveraged exposure to bitcoin.

Digital asset ETP specialist 21Shares has launched the world’s first crypto ETP providing direct exposure to LDO, the native token underpinning the Lido DAO protocol.

Swedish crypto investment manager Virtune has launched its first ETP, delivering passive, physically backed exposure to a basket of leading digital assets.

Digital asset ETP specialist 21Shares has launched the world’s first crypto ETP providing direct exposure to STX, the native token underpinning the Stacks protocol.

Crypto ETP specialist ETC Group is set to launch a new ETP on Deutsche Börse Xetra providing broad, physically backed exposure to a basket of leading digital assets.

By Bradley Duke, Founder and co-CEO, ETC Group.

Bitcoin returned 39.63% in January, its second-best start to a year since 2013, while Bitcoin ETPs saw inflows of $260m.

The number of crypto asset ETPs increased by 50% in 2022, even as cryptocurrency market values crashed by 64% over the same period, according to research from Fineqia International.