Tag Archives: billion

VanEck CEO Waives Fees On Bitcoin Trust HODL For The First $1.5 Billion — Says ‘We’re Right In The Middle’ Of The Bitcoin Cycle

VanEck CEO Waives Fees On Bitcoin Trust HODL For The First $1.5 Billion — Says ‘We’re Right In The Middle’ Of The Bitcoin Cycle

When the spot exchange-traded funds (ETFs) were set for release in early 2024, the main metric many looked at to differentiate the many options was the expense ratio or the amount of fees charged by the ETF sponsor. For some, the fees were relatively low, but others, such as Grayscale Bitcoin Trust (GBTC), were high. This difference became apparent when GBTC began experiencing huge outflows after its ETF was converted from a futures-linked ETF to a spot ETF. Many who had invested in GBTC when… Source link

Read More »

Google hit with $2.3 billion lawsuit by Axel Springer, other media groups

Google hit with $2.3 billion lawsuit by Axel Springer, other media groups

By Foo Yun Chee BRUSSELS (Reuters) -Alphabet’s Google was hit with a 2.1-billion-euro ($2.3 billion) lawsuit by 32 media groups including Axel Springer and Schibsted on Wednesday, alleging that they had suffered losses due to the company’s practices in digital advertising. Shares of the Mountain View, California-based company fell more than 2%. The move by the group – which include publishers in Austria, Belgium, Bulgaria, the Czech Republic, Denmark, Finland, Hungary, Luxembourg, the… Source link

Read More »

Google faces $2.27 billion lawsuit over advertising practices

Google faces $2.27 billion lawsuit over advertising practices

Google is facing a $2.27 billion lawsuit by 32 media groups claiming that the company’s digital advertising practices have led to financial losses. The publishers, including Axel Springer and Schibsted, are based in various countries across Europe, such as Austria, Belgium, Bulgaria, the Czech Republic, Denmark, Finland, Hungary, Luxembourg, the Netherlands, Norway, Poland, Spain, and Sweden. What the lawsuit is saying. A statement issued by the media groups’ lawyers Geradin… Source link

Read More »