ETP

ETP

Sotheby’s Decentraland Gallery

“We see spaces like Decentraland as the next frontier for digital art where artists, collectors and viewers alike can engage with one another from anywhere in the world and showcase art that is fundamentally scarce and unique, but accessible to anyone for viewing. We are having fun exploring new facets of the digital art world through our collaboration with the Decentraland community.” Michael Bouhanna, Sotheby’s

Sotheby’s and NFTs

Sotheby’s has opened up a galley in virtual space with Metaverse to launch more NFTs.

The latest one is the collection of artworks co-curated with Robert Alice. 

This follows the pre-sale estimate of Quantum via Sotheby’s of 140K GBP.

During April this year, Sotheby’s has success with 17 million pounds raised with the sale of a NFT collection called “The Fungible” via Nifty Gateway.

Metaverse ETP is charted at Coinbase and described as Blockchain-as-a-Service.

 

Cathie Wood and 21Shares

Crypto ETPs

ETPs have existed for 30 years and a new asset class within crypto – the crypto ETP – is emerging.

Interest grew in this class when savvy investor Cathie Woods joined 21Shares.

21shares has 2 billion dollars under management (AUM).

Investment was also announced from Anthony Pompliano.

Cathie known as “Money Tree” in some circles has attracted more than 50 billion dollars of investment into Ark Invest.

“21Shares is forging a new path for crypto ETPs by leading with research and a keen understanding of this developing asset class.” Cathie Wood