Posted in Cryptocurrency

Fidelity Increases Its Stake in the First Hong Kong Regulated Crypto Exchange, OSL

Fidelity Investments, a leading global asset manager interested in crypto, has increased its capital allocation to BC Technology Group. This…

Continue Reading... Fidelity Increases Its Stake in the First Hong Kong Regulated Crypto Exchange, OSL
Posted in Cryptocurrency

World’s Largest Asset Manager, BlackRock, to Hire a VP to ‘Drive Demand’ for Crypto Offerings

Announcements World’s Largest Asset Manager, BlackRock, to Hire a VP to ‘Drive Demand’ for Crypto Offerings AnTy December 28, 2020…

Continue Reading... World’s Largest Asset Manager, BlackRock, to Hire a VP to ‘Drive Demand’ for Crypto Offerings
Posted in Altcoin News Crypto News

Bitwise 10 Crypto Index Fund Liquidates XRP Position After Lawsuit

San Francisco-based cryptocurrency fund manager, Bitwise Assets Management, has recently removed XRP from its Bitwise 10 Crypto Index Fund and…

Continue Reading... Bitwise 10 Crypto Index Fund Liquidates XRP Position After Lawsuit
Posted in Cryptocurrency

Canada’s Largest Fund Group Partners with Galaxy Digital, Completes $72M IPO of a Bitcoin Fund

Amidst Bitcoin’s crazy rally, Canadian mutual fund manager CI Financial Corp. raised $72 million in an initial public offering of…

Continue Reading... Canada’s Largest Fund Group Partners with Galaxy Digital, Completes $72M IPO of a Bitcoin Fund
Posted in Cryptocurrency

Ruffer Investment Reduces Gold Exposure & Adds Bitcoin as an ‘Insurance Policy’

UK-based traditional asset manager Ruffer Investment is the latest company to allocate 2.5% of its portfolio to Bitcoin. Much like…

Continue Reading... Ruffer Investment Reduces Gold Exposure & Adds Bitcoin as an ‘Insurance Policy’
Posted in Altcoin News Crypto News

Billion Dollar Hedge Fund One River Discloses $600M Bitcoin and ETH Position

Greenwich-based asset manager, One River has become the latest hedge fund to disclose that it holds a significant amount of…

Continue Reading... Billion Dollar Hedge Fund One River Discloses $600M Bitcoin and ETH Position
Posted in Cryptocurrency

3iQ’s Ether Fund is Now Trading on Toronto Stock Exchange; The First ETH-Based ETF

On Thursday, the Canadian investment fund manager announced that 3iQ’s Ether Fund had completed its initial public offering (IPO) of…

Continue Reading... 3iQ’s Ether Fund is Now Trading on Toronto Stock Exchange; The First ETH-Based ETF
Posted in Cryptocurrency

Bitcoin Funds Attracted $4B in Inflows in 2020, CoinShares AUM Surges to $15B

Digital asset manager CoinShares saw its assets under management (AUM) rising to an all-time peak of $15 billion, which were…

Continue Reading... Bitcoin Funds Attracted $4B in Inflows in 2020, CoinShares AUM Surges to $15B
Posted in Cryptocurrency

VanEck’s Launches Physically-Backed Bitcoin ETN on Deutsche Böerse Xetra

Asset manager VanEck has listed a Bitcoin ETN on the regulated segment of Deutsche Börse Xetra, as per the announcement…

Continue Reading... VanEck’s Launches Physically-Backed Bitcoin ETN on Deutsche Böerse Xetra
Posted in Altcoin News Crypto News

$7.3Trn AUM BlackRock Exec Believes “Functional Bitcoin” Will Replace Gold to a Large Extent

Rick Rieder, Chief Information Officer (CIO) of fixed income for New York-based asset manager, BlackRock has become the latest to…

Continue Reading... $7.3Trn AUM BlackRock Exec Believes “Functional Bitcoin” Will Replace Gold to a Large Extent