$27 trillion AUM is perched over Bitcoin and crypto: CoinShares CSO
The top eight financial institutions with an interest in Bitcoin and crypto have a whopping $27 trillion in combined assets under management.
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The top eight financial institutions with an interest in Bitcoin and crypto have a whopping $27 trillion in combined assets under management.
CoinShares’ latest weekly inflow report shows a substantial increase in investor appetite for digital asset investment products with Bitcoin leading the rally.
BTC price performance goes sideways but Bitcoin bulls retain $30,000 as support after the weekly close.
Three crypto ETFs listed on the Hong Kong Exchange are now reportedly available for trading at Hong Kong’s largest bank.
ProShares’ BITO Bitcoin ETF saw a weekly inflow of $65 million as institutional investors have seemingly regained their mojo for Bitcoin futures.
The debut of shares for the Bitcoin investment vehicle is potentially set for June 27, but the U.S. SEC has a pattern of denying many crypto-linked ETF applications.
Bitcoin spot ETFs face a brick wall, at least for the time being, from SEC Chair Gary Gensler, new research concludes.
With spot Bitcoin ETFs filings helping boost the price of Bitcoin, some suggest the “window to front-run institutional demand is closing.”
The cryptocurrency fund manager is at least the fourth to seek a BTC spot ETF listing in the last week; Fidelity is rumored to be preparing to apply, too.
Subversive Capital cites losses as it shuts down its “PUNK” ETF and pivots to artificial intelligence.