The head of a $210 billion asset management firm has decided to unload a massive pile of assets. Billionaire Israel “Izzy” Englander, CEO of Millennium Management, has sold off 68% of the firm’s Walmart (WMRT) position – 8.1 million shares worth about $745 million – according to its latest filings with the U.S. Securities and […]
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Together the companies control major portions of the US and European crypto index and analytics markets.
Cryptocurrency market data and analytics provider Kaiko has acquired regulated European crypto index provider Vinter. The organizations already collaborate, and together they will solidify their place on the market and better serve asset management and “sell-side” participants.
Vinter is a benchmarks administrator registered with the European Securities and Markets Authority. It provides services for exchange-traded products (ETPs) on Switzerland’s SIX, Nasdaq, Euronext and the Deutsche Boerse Xetra exchanges. Kaiko serves the derivatives industry. It provides services to the CBOE, Gemini, EDX and Bitwyre exchanges.
The companies’ combined coverage will allow them to create value through the synergies between the derivatives and asset management ecosystems, according to a company statement. Vinter CEO Jacob Lindberg said:
On Friday, the 12 U.S. s pot bitcoin exchange-traded funds (ETFs) experienced positive inflows, totaling $25.59 million. Concurrently, the nine spot ether ETFs garnered a combined $7.39 million in inflows during the day’s trading session. Bitcoin ETFs Rebound With $25.59M Inflows, Ether Funds Add $7.39M Both bitcoin and ethereum ETFs showed positive growth on Friday, […]
From Jan. 11 to Sept. 26, 2024, Blackrock, the world’s largest asset manager, collected an astonishing 363,626.36 bitcoin, valued at just over $24 billion as of Sept. 27. This accumulation puts Blackrock’s exchange-traded fund (ETF), IBIT, on the cusp of controlling nearly 2% of bitcoin’s total supply. A Look at How Blackrock Quickly Accumulated Billions […]
On Sept. 11, Grayscale, the digital asset manager, revealed that its SUI Trust is now available to accredited investors eager for SUI exposure. The SUI token, native to the Sui blockchain, powers a layer one (L1) network designed to provide quick transactions and affordable fees. Developed by Mysten Labs, a team of former Meta engineers, […]
Swedish public company Hilbert Group’s asset management division has partnered with Xapo Bank to launch a bitcoin-denominated hedge fund in September. The fund is expected to attract over $200 million in initial investments from Xapo Bank and other investors this year. Hilbert Group Partners With Xapo Bank to Launch Bitcoin Hedge Fund Hilbert Group AB, […]
For the Hong Kong-based spot Bitcoin ETFs to compete with their US counterparts, they will need to attract more retail and institutional investors.
Hong Kong’s spot Bitcoin exchange-traded funds (ETFs) have surpassed 2 billion Hong Kong dollars (roughly $256 million) in assets under management (AUM).
The Hong Kong Bitcoin (BTC) ETFs have had a relatively slow start compared to their United States counterparts.
According to data from SoSo Value, the three spot BTC ETFs in Hong Kong experienced a net inflow of approximately 247 BTC in the past week, bringing their total holdings to around 4,450 BTC. The total AUM for the ETFs now stands at around HK$2.1 billion ($269 million).
Five days ago, Arkham Intelligence revealed that Blackrock, the world’s largest fund manager, was on the brink of overtaking Grayscale in onchain asset value. As of Aug. 21, Blackrock has officially surpassed Grayscale, securing its position as the top digital asset manager in terms of onchain reserves. World’s Largest Fund Manager Just Surpassed Grayscale in […]
SEC Chair Gary Gensler said that the commission could give final approvals on spot Ether ETFs sometime in summer 2024, while some analysts are predicting as early as July.
Asset management firm Bitwise has amended its S-1 registration with the United States Securities and Exchange Commission (SEC) to list and trade shares of a spot Ether (ETH) exchange-traded fund, or ETF.
In a July 3 filing with the SEC, Bitwise amended its Form S-1 registration statement ahead of schedule, including a six-month fee waiver for up to $500 million. The filing did not include a specific launch date for listing and trading on NYSE Arca but said it would be “as soon as practicable after the effective date” of the registration.
According to Bloomberg ETF analyst Eric Balchunas, Bitwise filed the amended S-1 ahead of a July 8 deadline, suggesting it could begin trading after the Independence Day holiday in the United States. Balchunas said the SEC was “taking [its] sweet time” greenlighting final approvals for the spot Ether ETFs, but “all indications launch still on for this month.”
Two industry pundits believe a change in SEC Chair is needed to even entertain the idea of a spot Solana ETF.
A spot Solana (SOL) exchange-traded fund in the United States may only be possible with a change in the administration and the head of its securities regulator, according to Bloomberg ETF analyst Eric Balchunas.
On June 27, ETF issuer VanEck made a surprise move to file for a spot Solana ETF with the United States Securities and Exchange Commission.
Matthew Sigel, head of digital assets research at VanEck, said the new fund, called the VanEck Solana Trust, aims to capitalize on Solana’s decentralized nature, high utility and economic feasibility.
