adminSovereign funds see Bitcoin discount as entry point: MidChains CEO
In recent developments, it sends “a very clear signal” to other institutions that may be sitting on the sidelines and looking at these larger funds as leaders, said MidChains CEO…
‘The Collapse Point Is Near’: Chinese Wealth Funds Warn of Global AI ‘S…
In recent developments, two of the largest Chinese wealth funds, Wealspring Asset and Banxia, have warned about the impending doom of the global AI boom, stating that the so-called bubble…
Grayscale’s GBTC Leads $227M Bitcoin ETF Weekly Outflow as HYPE Funds Add $28M
In recent developments, crypto ETF flows stayed divided in the holiday-shortened week ending June 19, with bitcoin funds posting $226.8 million in outflows and ether ETFs slipping by $10 million.…
Bybit expands RWA push with tokenized bond funds from PIMCO, CMBI
In recent developments, the new offering gives eligible users access to tokenized institutional bond funds as demand for blockchain-based real-world assets continues to grow. Looking closer, market participants highlight key…
Seattle-Area Man Gets Prison for Laundering Foreign Fraud Funds With Bitcoin,…
In recent developments, the fraudster took in nearly $100 million from victims before laundering funds via Bitcoin, Ethereum, and stablecoins. The development has drawn attention from traders and analysts who…
Bitcoin ETFs Lead Weekly Losses With $1.42B Exit as HYPE ETFs Push Altcoin In…
In recent developments, bitcoin and ether exchange-traded funds (ETFs) closed the final week of May under sustained redemption pressure, with combined outflows of more than $1.6 billion as investors continued…
XRP ETFs Attract $12M as Bitcoin Funds Extend Outflow Streak to 10 Days
In recent developments, crypto exchange-traded fund (ETF) flows remained under pressure on Friday, May 29, as bitcoin funds posted a tenth straight day of outflows and ether funds extended their…
Crypto funds bleed $1.47B as risk-off sentiment deepens
In recent developments, crypto ETPs logged $1.47 billion of outflows last week as Bitcoin funds led losses, while nine altcoin ETPs still attracted inflows of more than $1 million. Looking…
Crypto funds see $1B in outflows as Iran tensions revive risk-off sentiment
In recent developments, institutional investors pulled capital from Bitcoin and Ether products as Iran tension and rising inflation rattled markets, while XRP and Solana funds continued to attract fresh inflows.…
Circle Internet Group faces class action over failure to stop Drift Protocol …
In recent developments, circle is accused of failing to freeze exploit-linked transfers. Approximately $230 million in stolen funds was routed through Circle’s USDC. Drift plans $147.5 million recovery backed by…