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Spot Bitcoin ETFs See $61.98M Inflows on Monday as Ether ETFs Struggle

Spot Bitcoin ETFs See .98M Inflows on Monday as Ether ETFs StruggleOn Monday, U.S. spot bitcoin exchange-traded funds (ETFs) saw an influx of $61.98 million, while spot ether ETFs experienced net outflows totaling $13.52 million. Among the 12 BTC ETFs, Blackrock was the standout performer, while Grayscale’s Mini Ethereum Trust led the gains in the ETH ETF category. Spot Bitcoin ETFs Gain $61.98M, Ether ETFs Face […]

Coinbase, Binance, Bitfinex and 73 Other Firms Apply for Crypto Asset Service Provider License in Turkey

Chinese State-Owned Company Launches 2 Crypto Funds in Hong Kong

Chinese State-Owned Company Launches 2 Crypto Funds in Hong KongOne of China’s leading insurers has backed the establishment of two crypto investment funds in Hong Kong. The business move comes against the backdrop of the region’s ambitions to become a hub for digital assets, and despite the negative regulatory attitude towards the market in the mainland. Chinese Insurance Giant Enters Crypto Space Through Hong […]

Coinbase, Binance, Bitfinex and 73 Other Firms Apply for Crypto Asset Service Provider License in Turkey

Cryptocurrency Rose Ranks in Popularity as Investment Option in Chile in 2022

Cryptocurrency Rose Ranks in Popularity as Investment Option in Chile in 2022Cryptocurrencies rose in popularity in Chile, according to a survey from global consulting firm Bain & Company. The survey found that crypto is ranked as the third most popular investment asset among Chileans, only behind investment funds, which were the most popular investment option, and real estate, which ranked second. Popularity of Crypto Rises in […]

Coinbase, Binance, Bitfinex and 73 Other Firms Apply for Crypto Asset Service Provider License in Turkey

Report: Investment Management Giant Invesco Launches Metaverse Fund

Report: Investment Management Giant Invesco Launches Metaverse FundThe investment management giant Invesco has launched a metaverse fund that will invest in a myriad of startups focused on metaverse technology, a Citywire report detailed on Monday. “We will seek to capitalise on these opportunities through a highly selective, valuation-conscious approach,” Tony Roberts, Invesco’s fund manager, explained. Invesco Reveals Metaverse Fund — Investment Manager […]

Coinbase, Binance, Bitfinex and 73 Other Firms Apply for Crypto Asset Service Provider License in Turkey

Belarus Moves to Allow Investment Funds to Acquire Crypto Assets

Belarus Moves to Allow Investment Funds to Acquire Crypto AssetsThe crypto-friendly nation of Belarus is preparing to permit investment funds to put money into digital currencies. A proposal to do so is part of a package of necessary legal changes tailored to attract such institutions to the country. Finance Ministry Takes Steps to Facilitate Crypto Investments in Belarus Amendments aimed at luring investment funds […]

Coinbase, Binance, Bitfinex and 73 Other Firms Apply for Crypto Asset Service Provider License in Turkey

Chinese Banks Seek New Applications for Digital Yuan in Investment and Insurance

Chinese Banks Seek New Applications for Digital Yuan in Investment and InsuranceTwo Chinese banks are expanding their pilot programs for the digital national fiat. The state-owned financial institutions have revealed they are aiming to allow digital yuan holders to acquire investment funds and insurance products using the new currency. Chinese Banks Partner With Fund Managers and Insurers in Search of Digital Yuan Use Cases China Construction […]

Coinbase, Binance, Bitfinex and 73 Other Firms Apply for Crypto Asset Service Provider License in Turkey