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The $1.5tn firm is among a handful of asset managers that have applications for spot bitcoin ETFs awaiting approval

Asset Management Correspondent

Invesco’s global head of exchange traded funds says a ruling that the US regulator was wrong to reject a spot bitcoin ETF application by a rival asset manager marks a “significant milestone” in the push among asset managers to launch crypto products.

The $1.5tn Atlanta-headquartered firm is among a handful of asset managers that have applications for spot bitcoin ETFs awaiting approval from the Securities and Exchange Commission.

Invesco: ‘Grayscale ruling is a significant milestone’ for bitcoin ETF prospects

David Ricketts

BlackRock

Invesco

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Former Goldman Sachs executive Amar Kuchinad joins crypto firm Copper as CEO 

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Former Goldman Sachs MD Amar Kuchinad joins crypto firm Copper as CEO

Dmitry Tokarev has stepped back from his role as chief executive after seven years

Kirkland loses regulatory partner to Paul Weiss 

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Kirkland has been raided by Paul Weiss since it kicked off its English law offering last summer

BNP Paribas dealmaker McNaught departs in UK advisory shake-up

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The French bank has added a further two managing directors amid reshuffle in UK deals team

The regulator’s former enforcement director becomes a partner at Milbank after three years pushing fines higher at the SEC.

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Inflation in the U.K. fell below the Bank of England’s 2% target in September for the first time in more than three years, making an interest-rate cut next month more likely.

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Chinese stocks have gone from ice-cold to red-hot in a matter of weeks, but it might be driven by momentum rather than enough stimulus to solve China’s economic woes.

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