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DWS, managing more than $900 billion, launches new Xtrackers Exchange-Traded Commodities (ETC) in partnership with Galaxy Digital Holdings Ltd., providing investors in Germany with a streamlined way to gain exposure to Bitcoin. Manfred Bauer, who serves as the Global Head of the Product Division and is a member of the
Tether has notably increased its Bitcoin holdings, acquiring 8,888 BTC valued at approximately $600 million. This acquisition was identified through blockchain analysis rather than an official statement from the company. Although Tether has not made its Bitcoin addresses public, blockchain records indicate that a transfer of 8,888 BTC
Recent reports indicate that major Chinese asset management firms are leveraging their subsidiaries in Hong Kong to enter the Bitcoin ETF market. Leading financial firms such as Harvest Fund and Southern Fund have filed for Bitcoin ETFs through their Hong Kong branches, awaiting approval from regulatory bodies. This development highlights
News • Bitcoin • Apr 08, 2024Recent reports indicate that major Chinese asset management firms are leveraging their subsidiaries in Hong Kong to enter the Bitcoin ETF market. Leading financial firms such as Harvest Fund and Southern Fund have filed for Bitcoin ETFs through their Hong Kong branches, awaiting approval from regulatory bodies. This development highlights
News • Bitcoin • Apr 08, 2024DWS, managing more than $900 billion, launches new Xtrackers Exchange-Traded Commodities (ETC) in partnership with Galaxy Digital Holdings Ltd., providing investors in Germany with a streamlined way to gain exposure to Bitcoin. Manfred Bauer, who serves as the Global Head of the Product Division and is a member of the
News • Bitcoin • Apr 04, 2024Tether has notably increased its Bitcoin holdings, acquiring 8,888 BTC valued at approximately $600 million. This acquisition was identified through blockchain analysis rather than an official statement from the company. Although Tether has not made its Bitcoin addresses public, blockchain records indicate that a transfer of 8,888 BTC
News • Bitcoin • Apr 02, 2024The founder of FTX, Sam Bankman-Fried (SBF), has been sentenced to 25 years in prison by a New York judge for orchestrating an $8 billion theft from customers of the cryptocurrency exchange. U.S. District Judge Lewis Kaplan issued a sentence following the conviction of Bankman-Fried on seven charges of
News • Bitcoin • Mar 28, 2024Today on Fox Business, BlackRock CEO Larry Fink expressed optimism about Bitcoin, noting that their spot Bitcoin ETF, $IBIT, is witnessing unparalleled growth, setting a record as the fastest-growing ETF in history. https://twitter.com/BTC_Archive/status/1773074844285829601 "I'm very bullish on the long term viability
News • Bitcoin • Mar 27, 2024The London Stock Exchange has announced the opening of its application window for Bitcoin Crypto Exchange-Traded Notes (ETNs) on April 8th, 2024. This move comes after a previous announcement on March 11th, where the Exchange expressed its plans to permit the trading of Crypto ETNs within the second quarter of
News • Bitcoin • Mar 25, 2024Japan's Government Pension Investment Fund (GPIF), which oversees more than $1.5 trillion in assets, has announced plans to explore the possibility of diversifying part of its portfolio into Bitcoin, among other assets. This move is part of a broader strategy to assess a variety of illiquid alternative
News • Bitcoin • Mar 19, 2024MicroStrategy has recently increased its Bitcoin holdings, revealing the acquisition of approximately 9,245 Bitcoin, purchased for about $623 million. https://twitter.com/saylor/status/1770061111146033385 The Bitcoin was funded by the proceeds from a convertible senior notes offering and surplus cash from the company, with an average purchase price
News • Bitcoin • Mar 19, 2024