Tag: Institutional investors
Michigan Pension Fund Invests $6.6 Million in Bitcoin ETF for Portfolio Growth
The State of Michigan Retirement System recently made a significant investment by adding $6.6 million in Bitcoin ETF holdings. This move, which includes 110,000...
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...
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...
MicroStrategy Stock Surges with Bitcoin Rally – CoinJournal
MicroStrategy's stock has been on a winning streak, outperforming major tech stocks thanks to its significant investment in Bitcoin. The company's stock price has...
BlackRock Surpasses $10 Trillion in Assets Under Management
BlackRock, the world's largest asset manager, recently announced that its assets under management (AUM) have surpassed an impressive $10 trillion in the second quarter....
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...
Standard Chartered Launches Spot BTC and ETH Trading Desk
Standard Chartered, a well-known global bank, is making a bold move by launching a spot trading desk for Bitcoin and Ethereum. This initiative will...
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...
Institutional Adoption of Bitcoin and Crypto Stocks: A Ripe Opportunity
Bitcoin and other cryptocurrencies are becoming more appealing to institutional investors, according to a recent report by brokerage firm Bernstein. The report suggests that...
Ether ETF’s Institutional Demand Unaffected by Lack of Staking, Says 21Shares’ Ophelia Snyder
Institutional investors are not worried about the lack of staking in U.S. spot ether exchange-traded funds (ETFs), according to Ophelia Snyder, co-founder of 21Shares....