Tag: Institutional investors

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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...
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...
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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...
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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...
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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....
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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...
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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...
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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...
news-19062024-031353

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...
news-18062024-103706

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....
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Immigration to Trump Crypto Enforcement: Shift in Priorities

President-elect Donald Trump has promised to shift the focus of government agencies away from policing cryptocurrency crimes towards areas like immigration law enforcement. This...