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Goldman Sachs Has More Than $400 Million Invested in Spot Bitcoin ETFs
Goldman Sachs Has More Than $400 Million Invested in Spot Bitcoin ETFs
Bitcoin  •  Business  •  Aug 14, 2024 by Deniz Saat

Goldman Sachs disclosed $418 million in spot Bitcoin ETF holdings, reflecting a rising institutional interest in Bitcoin.  In their recent quarterly filing, the investment bank detailed its holdings across seven different U.S. Bitcoin ETFs, with the largest being nearly $240 million in BlackRock's iShares Bitcoin Trust (IBIT)

Tether Responds to $2.4 Billion Lawsuit Filed by Celsius Network
Tether Responds to $2.4 Billion Lawsuit Filed by Celsius Network
Bitcoin  •  Business  •  Aug 10, 2024 by The BTC Times

On August 9th, 2024, Celsius Network Limited, through the Blockchain Recovery Investment Consortium, LLC, filed a lawsuit against Tether Limited and certain affiliated entities in the United States Bankruptcy Court for the Southern District of New York.  Tether Will Defend Itself Against “Shake Down” Litigation Commenced by Celsius Learn more:

South Korean Pension Fund Acquires $34 Million in MicroStrategy Stock
South Korean Pension Fund Acquires $34 Million in MicroStrategy Stock

South Korea's National Pension Service (NPS) has invested $34 million in MicroStrategy, purchasing shares in the business intelligence firm known for its substantial Bitcoin holdings. According to a recent SEC filing, the NPS acquired 24,500 shares of MicroStrategy during the second quarter at an average price of

Bitcoin  •  Business  •  Aug 16, 2024
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South Korean Pension Fund Acquires $34 Million in MicroStrategy Stock
South Korean Pension Fund Acquires $34 Million in MicroStrategy Stock

South Korea's National Pension Service (NPS) has invested $34 million in MicroStrategy, purchasing shares in the business intelligence firm known for its substantial Bitcoin holdings. According to a recent SEC filing, the NPS acquired 24,500 shares of MicroStrategy during the second quarter at an average price of

Bitcoin  •  Business  •  Aug 16, 2024
Goldman Sachs Has More Than $400 Million Invested in Spot Bitcoin ETFs
Goldman Sachs Has More Than $400 Million Invested in Spot Bitcoin ETFs

Goldman Sachs disclosed $418 million in spot Bitcoin ETF holdings, reflecting a rising institutional interest in Bitcoin.  In their recent quarterly filing, the investment bank detailed its holdings across seven different U.S. Bitcoin ETFs, with the largest being nearly $240 million in BlackRock's iShares Bitcoin Trust (IBIT)

Bitcoin  •  Business  •  Aug 14, 2024
Tether Responds to $2.4 Billion Lawsuit Filed by Celsius Network
Tether Responds to $2.4 Billion Lawsuit Filed by Celsius Network

On August 9th, 2024, Celsius Network Limited, through the Blockchain Recovery Investment Consortium, LLC, filed a lawsuit against Tether Limited and certain affiliated entities in the United States Bankruptcy Court for the Southern District of New York.  Tether Will Defend Itself Against “Shake Down” Litigation Commenced by Celsius Learn more:

Bitcoin  •  Business  •  Aug 10, 2024
Spot Bitcoin ETFs Record Highest Inflows in the Last Two Weeks
Spot Bitcoin ETFs Record Highest Inflows in the Last Two Weeks

Bitcoin spot ETFs experienced their largest inflows in over two weeks on August 8th, 2024, totaling $192.5 million. This followed a decline in Bitcoin's price below $50,000 earlier in the week, which occurred amid a broader global market downturn. These inflows contributed to Bitcoin's

Bitcoin  •  Business  •  Aug 09, 2024
Subsidiary of Standard Chartered Introduces Bitcoin ETFs Trading
Subsidiary of Standard Chartered Introduces Bitcoin ETFs Trading

Mox, a virtual bank under Standard Chartered, has launched Bitcoin and cryptocurrency exchange-traded fund (ETF) trading on its investment platform.  This makes Mox the first virtual bank in Hong Kong to provide Bitcoin and crypto investment products. On August 7th, Mox introduced ETFs that track Bitcoin, featuring both spot Bitcoin

Bitcoin  •  Markets  •  Aug 07, 2024
European Investment Giant Reveals $500M Spot Bitcoin ETF
European Investment Giant Reveals $500M Spot Bitcoin ETF

Capula Management, one of Europe's top four investment managers, has disclosed holdings amounting to nearly $500 million in spot Bitcoin ETFs, according to an SEC filing. The firm reported investments of $211 million in Fidelity's spot Bitcoin ETF (FBTC) and $253 million in BlackRock's

Bitcoin  •  Markets  •  Aug 05, 2024
Hong Kong’s Top Online Brokerage Introduces Bitcoin Trading
Hong Kong’s Top Online Brokerage Introduces Bitcoin Trading

Hong Kong’s largest online brokerage, Futu Securities, which boasts over 3.5 million customers, has introduced retail Bitcoin trading on its platform.  According to the South China Morning Post, users can now buy and sell Bitcoin directly using either Hong Kong or U.S. dollars. Futu is the first

Bitcoin  •  Business  •  Aug 02, 2024
Trump’s Bitcoin 2024 Speech Sparks Mixed Reactions on Social Media
Trump’s Bitcoin 2024 Speech Sparks Mixed Reactions on Social Media

Former President Donald Trump's recent speech at the Bitcoin 2024 Conference on July 27th has stirred a wide range of reactions on the social media platform X.  The speech, which included bold promises such as firing SEC Chairman Gary Gensler, creating a national Bitcoin stockpile, and making the

Bitcoin  •  News  •  Jul 30, 2024
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