The Hong Kong Securities and Futures Commission has issued a public alert, adding ‘9M AI Stable Fund’ and ‘9M AI Strategy Fund’ to its list of suspicious investment […]
Strategy Establishes $1.44 Billion Dividend Reserve for Crypto Holdings
Strategy, the world’s leading crypto asset management company, has launched a new dividend reserve fund totaling $1.44 billion. This initiative is in line with the company’s commitment to […]
Franklin Templeton Launches XRP ETF on NYSE Arca, Sparking 9% Price Surge
Franklin Templeton’s latest move in the world of crypto investments has seen them launch their new XRP-focused exchange-traded fund (ETF) on NYSE Arca. The Franklin XRP Trust (XRPZ) […]
Crypto Investment Funds See Small Uptick Despite $1.9B Outflow Run
Recent weeks have seen substantial outflows from cryptocurrency investment products, totaling nearly $5 billion over the past four weeks according to CoinShares research. However, a small glimmer of […]
MSTR Faces Uncertainty as MSCI Classification Decision Looms
MicroStrategy (MSTR) finds itself at a crossroads. Since 2020, this company has adopted a strategic approach to Bitcoin accumulation, significantly integrating cryptocurrency into its financial reserves. However, they […]
Crypto Reserve Companies Face Uncertainty as MSCI Weighs Index Classification
MicroStrategy (MSTR), a leading player in cryptocurrency-backed reserve companies, is navigating significant challenges stemming from its classification under the MSCI index. Since 2020, MSTR has been accumulating Bitcoin […]
Crypto Funds See $1.17 Billion Outflow in Two Weeks: Bitcoin ETFs Bear the Impact
Investment funds experienced significant outflows of $1.17 billion over two weeks, primarily impacting Bitcoin and Ethereum ETFs. The withdrawals mark a continuation of a trend from last week, […]
Crypto Funds Experience $1.17 Billion Outflows Amidst Altcoin Gains
Last week saw a substantial outflow of $1.17 billion from crypto investment products, primarily driven by bearish sentiment in the US market. Bitcoin and Ethereum funds saw outflows […]
Stream Fund Faces $93 Million Loss: Legal Investigation & Temporary Withdrawal Suspension
Stream has announced a significant loss of approximately $93 million in its investment funds, according to Foresight News. The company subsequently engaged legal counsel from Perkins Coie LLP, […]
Crypto Investment Funds Witness Outflows as Uncertainty Persists
Cryptocurrency investment products saw a significant outflow last week amidst cautious statements from Federal Reserve Chair Jerome Powell regarding future monetary policy adjustments. Despite a rate cut on […]
T. Rowe Price Enters Crypto ETF Market with New Investment Fund
T. Rowe Price, a leading asset management firm managing over $1.77 trillion in assets, has filed for an active crypto exchange-traded fund (ETF) with the SEC. This move […]
Morgan Stanley Expands Crypto Fund Access for Institutions
Morgan Stanley is broadening access to its cryptocurrency funds, a move poised to significantly impact the financial landscape. The firm’s expansion of investment options including 401(k)s and IRAs […]
FCA Enables Tokenization of UK Investment Funds, Aiming for Efficiency
The UK Financial Conduct Authority (FCA) has given approval for the tokenization of investment funds, utilizing distributed ledger technology (DLT). This initiative, backed by the government’s Asset Management […]
BlackRock Exceeds Revenue Expectations Despite EPS Dip
Despite a 23% decline in earnings per share, BlackRock exceeded revenue expectations in Q3. Net inflows of $205 billion fueled growth, driven by strong demand for its iShares […]
XRP: Potential $78 Billion Market Value if Pension Funds Invest 5%
A potential surge in XRP’s price is predicted if U.S. pension funds allocate just 5% of their assets to the cryptocurrency. This significant investment could propel XRP beyond […]