US Bitcoin ETFs raked in $1.1B this week, most since mid-July

BlackRock, ARK 21Shares and Fidelitys Bitcoin products led the way with $499 million, $289.5 million and $206.1 million in inflows, respectively.

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Lido launches institutional-grade liquidity staking solution

The biggest ETH liquid staking protocol has enhanced its offering for large investors, many of whom are already its customers.

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State Street eyes blockchain leap with stablecoin, deposit token: Report

The global asset manager may be on its way to the forefront of settlement technology.

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Ledger Unveils Tradelink: A Custodial Crypto Trading Platform Tailored for Institutions

On June 28, the crypto hardware wallet manufacturer and security firm Ledger unveiled its latest offering, a digital currency exchange and custodial solution service, specifically tailored for institutions. The new service, known as Tradelink, has been heralded by Ledger as “the first open network to enable custodial trading via exchange and custodial partners.” Ledger Targets [...]

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European Asset Manager Believes Bitcoin is Not Doomed Despite Industry Collapse

A European asset manager, Amundi, believes that the ongoing cryptocurrency industry collapse does not mean that digital assets like Bitcoin are doomed to fail. Despite BTC's inability to protect investors from rising inflation, its limited supply may still attract attention if inflation remains high. (Read More)

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Cathie Wood’s Ark Invest bags nearly $16M Coinbase stocks in February

Ark Invest has spent nearly $30 million on the Coinbase stock so far in 2023 while dumping Grayscale Bitcoin Trust shares.

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VanEck Launches New Crypto Exchange-Traded Note (ETN) in Europe

VanEck’s European arm has announced the launch of a multi-token cryptocurrency fund that gives European investors the financial benefits attached to holding it as an asset.

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4.2 Trillion Dollar Asset Manager Is Diving Head First Into Crypto And The Metaverse

The latest filing from major financial giant Fidelity shows that institutions are wanting deeper exposure to crypto and the metaverse. BREAKING: Fidelity ($8 trillion AUM) files to launch a metaverse ETF and a crypto industry ETF Via @strack_ben pic.twitter.com/RLxAcVX0v1 — Blockworks (@Blockworks_) January 27, 2022 Yesterday, it was revealed that Fidelity filed for two separate […]

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US SEC Further Delays Decisions on Grayscale-Backed Bitcoin ETF

The US Securities and Exchange Commission (SEC) has delayed decisions on physical (spot) Bitcoin Exchange-Traded Fund (ETF) proposals from Grayscale Investments LLC and Bitwise asset management Group.

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Grayscale Flips World’s Largest Gold Fund — Has Bitcoin Become The Supreme Inflation Hedge?

It’s not a great day for gold bugs now that Grayscale has ‘flippened’ gold’s biggest asset manager. Is Bitcoin officially the go-to inflation hedge for institutional investors? Covered: Grayscale’s Updated Holdings The Real Gold ‘Flippening’ Grayscale asset management giant has flipped SPDR Gold Shares (GLD). GLD is the largest gold management firm in the world […]

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Jefferies: $440 Billion Dollar Asset Manager Sells Gold To Buy Bitcoin

More institutional FOMO, this time from massive multi-billion dollar asset firm Jefferies.  Jeffries, a $450B asset manager, has sold a portion of its gold allocation to purchase #Bitcoin. Eventually every asset manager in the world will do this. Buckle up. ?? pic.twitter.com/KO39nicA7W — Dan Held (@danheld) November 8, 2021 According to a report, Jefferies sold […]

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Institutional crypto products eye record AUM as investors pile into Bitcoin

Institutional investors piled $225 million into Bitcoin products while Ether products saw outflows of $13.6 million this past week.

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Blackrock CEO Expects Inflation to Persist, but No Major US Recession in 2023

Blackrock’s CEO, Larry Fink, stated in an interview on Friday that he does not anticipate a “big recession” in the United States. However, he believes that “inflation is going to be stickier for longer.” In contrast to the U.S. central bank’s 2% goal, Fink predicts that “we’re going to have a 4ish floor in inflation.” [...]

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Grayscale Adds Lido’s LDO Token to Defi Fund, Token Becomes Second-Heaviest in Fund’s Basket

On July 7, 2023, the digital asset manager Grayscale Investments published an update on three of its funds — the Digital Large Cap Fund, the Defi Fund, and the Smart Contract Fund. Although no new tokens were added to two of the funds, Grayscale revealed that it added Lido DAO’s native cryptocurrency and governance token

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Institutions ‘extremely interested’ in crypto ETFs, but buying has cooled: Survey

Institutional interest in cryptocurrencies hasn’t budged despite the market being down 60% from the all-time highs (ATH), as a majority of asset managers stated they’re “extremely interested” in crypto themed-Exchange Traded Funds (ETFs). On April 3, financial services firm Brown Brothers Harriman (BBH) released its 2023 Global ETF Investor Survey which polled 325 institutional investors, [...]

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ETF Analysts: Spot Bitcoin ETF Approval Odds at 65% Amid Pressure From Blackrock

According to James Seyffart and Eric Balchunas, two analysts specializing in exchange-traded funds (ETFs) at Bloomberg, the likelihood of a spot bitcoin ETF debut in the U.S. has surged to 65%. These analysts attribute this increase to “pressure from Blackrock and possibly Democrats,” a force that could compel the U.S. Securities and Exchange Commission to [...]

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Ether ETFs pending — Grayscale, VanEck and others file SEC applications

Six major asset managers, including Grayscale and VanEck, have filed fresh applications in a bid to launch Ether (ETH) futures exchange-traded funds (ETF) to United States customers. Separate filings submitted to the U.S. Securities and Exchange Commission reviewed by Cointelegraph outline respective applications from the likes of Grayscale, VanEck, Bitwise, Volatility Shares, ProShares and Round Hill Capital. [...]

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