CRYPTO FUNDS
Crypto Fund Flows Hit $117.8M Amid Sentiment Reversal
Digital asset funds saw $117.8M inflows last week, with Bitcoin leading at $192.1M. A late-week rally offset mid-week outflows.
Blockchain Capital Raises $700M for Crypto Funds Amid Market Slump
Blockchain Capital targets $700M for two funds focused on early-stage projects and growth investments, signaling institutional confidence in crypto.
Chinese state company launches crypto funds
CPIC Investment Management, a subsidiary of China Pacific Insurance, is launching two crypto funds with Waterdrip Capital, targeting institutional and wealthy private investors. The funds will focus on investments in early-stage blockchain projects and proof-of-stake digital assets.
Lightspeed Venture Partners Secures $7.1B to Launch 4 New Crypto Funds
Venture capital firm Lightspeed Ventures has announced it has secured the cumulative sum of $7.1 billion to bankroll 4 new crypto funds.
Grayscale Files Form 10 with SEC for its 3 Trusts
Grayscale has filed a Form 10 on behalf of Horizen Trust, Stellar Lumens Trust, and Zcash Trust to become the company’s products designated as investment vehicles reporting to the SEC.