Tag: Asset management

news-26072024-221426

Michigan Pension Fund Invests $6.6 Million in Bitcoin ETFs

The State of Michigan Retirement System recently invested $6.6 million in 21Shares’ ARKB Bitcoin ETF. This disclosure comes as more US state pension funds are starting to buy spot Bitcoin ETFs. Michigan's pension fund...
news-25072024-191116

Jersey City Mayor Invests Pension Fund in Bitcoin ETFs – CoinJournal Report

Jersey City Mayor Steven Fulop has announced his plans to invest a portion of the city's pension fund into Bitcoin ETFs. This move, according to Fulop, is a strategic investment in the potential of...
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Coinbase Launches Tokenized Money-Market Fund Following BlackRock’s BUIDL Success

Coinbase Asset Management is venturing into the world of tokenized money-market funds, as reported by four sources familiar with the initiative. This move comes amidst a growing trend in the crypto space towards tokenization...
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Bitcoin and Ethereum ETFs: $1 Billion Inflows Signal Growing Interest

Bitcoin and Ethereum ETFs have been gaining significant attention in the investment world, with nearly $1 billion in inflows recorded since Friday. This surge in interest is a positive sign for the digital asset...
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Germany Sells Majority of Bitcoin Holdings, Holding Less Than 5K Tokens

The German state of Saxony has been selling off its bitcoin holdings at a rapid pace, with another batch of confiscated assets being moved to various crypto exchanges and brokers on Thursday. According to...
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Bitcoin ETFs Attract $654.3M Inflows in Three Days

Bitcoin exchange-traded funds (ETFs) have seen a substantial increase in inflows over the past three trading days, according to data from Farside. A total of $654.3 million was added, with the largest contribution coming...
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Digital Asset Funds Turn Positive After 4 Weeks: CoinShares Analysis

Digital asset investment products saw a positive turn last week after four consecutive weeks of net outflows, according to analysis by CoinShares. The total net inflows amounted to $441 million, with Bitcoin leading the...
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Private Blockchains: Handling $1.5T Securities Financing Monthly

Tokenization enthusiasts in both crypto and traditional finance might be surprised to hear that well over $1.5 trillion worth of repurchase agreements and other forms of securities financing are executed monthly using private blockchains....
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Tokenized RWAs: McKinsey Forecasts $2 Trillion by 2030, Adoption Lags Behind

Tokenized RWAs: McKinsey Forecasts $2 Trillion by 2030, Adoption Lags BehindAccording to a recent report by global consulting firm McKinsey & Company, the adoption of tokenization is expected to happen in waves, with assets...
news-20062024-161118

German Government Sells Bitcoin Worth Over $195M In Ongoing Selling Spree

The German government has recently started selling a large amount of Bitcoin from a confiscated wallet, which has contributed to the ongoing price decline in the cryptocurrency market. This selling spree is part of...