assets under management
Grayscale Partners with NYSE Arca to File for Spot Ethereum ETF Conversion
Grayscale Investments has collaborated with NYSE Arca to file Form 19b-4 with the U.S. Securities and Exchange Commission (SEC), aiming to convert the Grayscale Ethereum Trust into a spot Ethereum ETF. This move is a significant part of Grayscale's ongoing strategy to transition its entire range of 17 crypto investment products into ETFs. The filing follows the SEC's recent approval of the first Ethereum futures ETFs.
$115 Million in Bitcoin Was Acquired by an Asset Manager as its Primary Treasury Reserve Asset
Stone Ridge Asset Management, home to $13 billion in assets under management (AUM) has recently purchased $115 million in Bitcoin.
Grayscale Bitcoin Trust Purchases another 10,000 BTC, Surpassing $22 Billion in AUM
Grayscale Bitcoin Trust has gone from $3 billion in assets under management (AUM) to around $22.9 billion now.
Grayscale Now Owns 2.4% of BTC Circulating Supply
Over the past week, crypto fund management firm Grayscale Investments increased its assets under management by $180 million in the firm’s Bitcoin Trust.
CEO Of BTCS Explains How The Company Surpassed $1M In Crypto Assets
BTCS Inc. is a publicly-traded cryptocurrency and blockchain company that recently surpassed the $1 million milestone in crypto assets under management (AUM). The landmark achievement comes after crypto prices recovered from the mid-March slump (Black Thursday). Reports indicate that Bitcoin-focused crypto hedge funds are outperforming their more-traditional counterparts. BTCS plans to pursue a measured approach to diversifying its current cryptocurrency holdings. BTCS shares are up more than 215% year-to-date.
Grayscale AUM up $3.4 Billion in a Week, $500 Million in a Day, GBTC 33% Premium Shows High Bitcoin Demand
Institutional-grade digital asset manager, Grayscale Investments is up $3.4 billion in assets under management (AUM) over the last week, bringing total AUM to $16.4 billion.
Crypto Assets Conference 2020B
On October 29-31, 2020, the Frankfurt School Blockchain Center is organizing the Crypto Assets Conference (CAC) for the fourth time. Blockchain technology was born through the invention of Bitcoin and has since then created hundreds of digital assets and spurred the development of business models building on decentralized networks. Together with executives, founders, investors and representatives from public authorities the conference covers both the public blockchain (crypto assets) and the enterprise blockchain domain (DLT). The CAC makes the audience familiar with the current trends in DLT, blockchain and crypto assets.
Galaxy Digital Capital Management Launches Bitcoin Funds While Making Bakkt and Fidelity Custodians
Galaxy Digital Capital Management LP, an affiliate of Galaxy Digital Holdings Ltd, issued two Bitcoin funds with Bakkt and Fidelity Digital Assets as custodians for the funds, while Bloomberg L.P will be the pricing agent.
BlackRock CEO Larry Fink Says Bitcoin Can Evolve Into Global Asset and Impact Dollar
Larry Fink, CEO of BlackRock the world's largest asset manager with $7.4 trillion assets under management, says Bitcoin can evolve into a global asset and impact the US dollar.
Blockchain as a Solution for Data Management in Clinical Trials
Applying blockchain technology to clinical trials can help resolve one of the industry's biggest weaknesses: Poor data management. Learn how blockchain's immutability trait can become a trial investigator's best asset.
Huobi COO Reportedly Under Investigation, with $400M Sent to Crypto Exchange
According to Chinese Media, crypto exchange Huobi Chief Operating Officer (COO) Robin Zhu was under investigation by the Chinese police.
Coinbase Custody Launches New International Institutional Grade Crypto Service to European Clients
With its operations based in Dublin, Ireland, Coinbase Custody launched its institutional-grade crypto asset storage service to clients in Europe. The cryptocurrency exchange launched Coinbase Custody in 2017 for institutional clients such as hedge funds and family offices. Its assets under management have over $7 billion in cryptocurrency assets, with its acquisition of Xapo’s institutional custody business in August 2019.
