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ARK’s amended spot Bitcoin ETF filing is a ‘good sign’ of future approval

ARK Invest and 21Shares amended spot Bitcoin ETF filing seemingly addresses earlier concerns highlighted by the SEC, which is a good sign of progress, according to Bloomberg's ETF analysts.

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Report: Reddit Co-Founder Alexis Ohanian’s Seven Seven Six Targets $177M for a Crypto-Centric Fund Called Kryptós

According to a recent report, the venture capital firm founded by Alexis Ohanian, Seven Seven Six, is planning to raise $177 million for a new crypto-centric fund. The new Seven…

Continue ReadingReport: Reddit Co-Founder Alexis Ohanian’s Seven Seven Six Targets $177M for a Crypto-Centric Fund Called Kryptós

$3B flows to Metaverse and Web3 gaming this month as A16z’s tips in $600M

“GAMES FUND ONE” will invest in game studios, consumer apps and game infrastructure providers with a16z saying the industry has “solved many of the problems” needed to make a Metaverse.

Continue Reading$3B flows to Metaverse and Web3 gaming this month as A16z’s tips in $600M

Crypto venture capital firms see surging assets under management

Filings reveal the massive amount of assets that crypto venture funds are managing, Andreessen Horowitz’s (a16z) crypto funds were also disclosed to be worth around $9 billion.

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Grayscale Investments Launches Smart Contract-Focused Diversified Fund

The largest digital currency asset manager in terms of assets under management (AUM), Grayscale Investments, has announced the launch of a smart contract fund that is compiled of ethereum competitors.…

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Financial Services Company SBI Group Launches Diversified Crypto Fund in Japan

SBI Group, the financial services company group based in Tokyo, Japan, has announced the launch of a crypto asset fund that consists of seven different digital currencies. The crypto fund…

Continue ReadingFinancial Services Company SBI Group Launches Diversified Crypto Fund in Japan