Tag: Institutional investors
Grayscale Launches MakerDAO Trust to Expand DeFi Investment Opportunities
Grayscale, a prominent investment firm, has recently introduced a new crypto trust fund focused on MakerDAO, known as the Grayscale MakerDAO Trust. This trust fund aims to provide investors with direct exposure to MakerDAO's...
Bitcoin ETFs Accumulate Over 300K BTC in 2021
In 2021, regulated spot Bitcoin ETFs in the United States have been accumulating a significant amount of BTC, despite recent selling pressure that caused the price of Bitcoin to drop to a 6-month low...
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 shares in ARK 21Shares Bitcoin ETF (ARKB), was disclosed in...
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...
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...
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 surged by 135% since the beginning of 2024, riding the...
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. This marks a significant increase of almost 13% from the...
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...
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 make it one of the first major banks to enter...
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...
