Grayscale adjusts the composition of several crypto funds
Grayscale Investments carried out a rebalance of its crypto trusts across several assets in line with market conditions at the end of the second quarter.News and articles about 'whales' — large investors in the cryptocurrency market.
Grayscale adjusts the composition of several crypto funds
Grayscale Investments carried out a rebalance of its crypto trusts across several assets in line with market conditions at the end of the second quarter.
Hidden Road raises $50 million in Series A led by Castle Island Ventures and other investors
The lending and brokerage platform for institutional investors Hidden Road closed a $50 million Series A round. It was led by Castle Island Ventures.
UK urged to permit token-based funds
The Investment Association, which represents asset managers, has proposed approving token-based funds. The Financial Times reports.
Analysts report record inflows into bearish Bitcoin funds
Net inflows into cryptocurrency investment products for June 25–July 1 totaled $64 million. According to CoinShares, they were driven by inflows into funds enabling short positions in Bitcoin ($51 million).
Bitcoin slump costs 82,600 investors their millionaire status
Since November 2021, the number of Bitcoin millionaires has fallen by 75% (82,602) as a result of the negative dynamics of the leading cryptocurrency.
MicroStrategy buys 480 BTC for $10 million
The analytics-software provider MicroStrategy purchased an additional 480 BTC at an average price of around $20,817. This was announced by the founder and CEO of the company, Michael Saylor.
Investors pull a record $423 million from crypto funds in a week
Outflows from cryptocurrency investment products for 18–24 June totalled a record $423 million, according to CoinShares.
WSJ: Hedge funds build up short positions in USDT
Among cryptocurrency-focused hedge funds, the number of short positions in the stablecoin USDT is rising amid negative market conditions and the collapse of Terra's ecosystem. The Wall Street Journal reports.
Binance to launch platform for institutional clients
The cryptocurrency exchange Binance announced the launch of Binance Institutional. The trading platform will focus on institutions, family offices, high-net-worth individuals, miners, asset managers and hedge funds.
Citigroup to launch custodial platform for digital currencies
Citigroup has chosen infrastructure company Metaco as a partner to launch a pilot platform for custody and management of digital assets.We use cookies to improve the quality of our service.
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