Tag: Institutional investors
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...
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. While retail investors may be disappointed, Snyder believes there is...
Bitcoin Investment Products Experience Over $600M Outflows Last Week: CoinShares
Bitcoin investment products experienced significant outflows last week, totaling $621 million, according to asset manager CoinShares. This outflow was a result of mixed economic signals from the U.S., which impacted the broader digital asset...
Fidelity’s FBTC Leads Spot Bitcoin ETFs with $226M Outflows
The US spot Bitcoin exchange-traded fund (ETF) market saw more outflows on June 13, with Fidelity Investments’ FBTC leading the way with $106 million in outflows. This was nearly half of the total $226...
Fidelity’s FBTC Leads as Bitcoin ETFs See $226M Outflows
The US spot Bitcoin exchange-traded fund (ETF) market experienced another day of net outflows on June 13, with Fidelity Investments’ FBTC leading the way in outflows. BlackRock’s IBIT was the only fund to see...
