News with the tag "Fund Manager"

A new S&P Global report reveals that 40% of fund managers are open to trading 10+ altcoins , fueled by pro-crypto U.S. policies and the success of Bitcoin ETFs . According to DL News , institutional interest in staking and yield opportunities is also growing rapidly , with Ethereum’s staking market ...

Recent comments by prominent American investor and hedge fund manager Mark W. Yusko have stirred speculation about former U.S. President Donald Trump’s involvement in some cryptocurrencies, including Bitcoin (BTC), XRP, and Hedera (HBAR). In an interview shared by crypto influencer Amelie (@_Crypto_...

The Thai Securities and Exchange Commission (SEC) has launched a Digital Asset Regulatory Sandbox, allowing crypto services to be tested in a controlled environment. This initiative aims to promote innovation in Thailand’s capital market by accommodating six specific digital asset-related services, ...

Michael Joseph McElhiney, age 37 and formerly of Spokane, Washington, has pleaded guilty to wire fraud, the U.S. Department of Justice (DOJ) announced on Wednesday. Between March 4, 2021, and Sept. 10, 2022, McElhiney defrauded investors by falsely claiming to operate a cryptocurrency investment fun...

Europe's first bitcoin ETF is set to launch later this month, listed as BCOIN on Euronext Amsterdam.

During the initial half of 2023, Coinbase shares experienced a significant surge, rocketing over 30% this week as Nasdaq and Cboe refiled spot bitcoin exchange-traded fund (ETF) applications on behalf of numerous fund managers. The revisions highlighted that, upon ETF approval, Coinbase has been ask...

Investors, plagued by mounting pessimism, have sought refuge in cash, according to a recent survey conducted by Bank of America. The survey highlights a notable 5.6% increase in cash reserves during May, as apprehensive investors brace themselves for a potential credit crunch and a recession. Flight...

Billionaire hedge fund manager Stanley Druckenmiller has a dire prediction for the U.S. economy: a recession is looming, and it’s likely set to hit this June. Druckenmiller’s forecast comes as American consumer spending remains low, and is largely driven by credit card usage. Druckenmiller, a season...

On May 9, digital currency fund manager Grayscale Investments announced the establishment of the Grayscale Funds Trust and submitted registration filings for three exchange-traded funds with the U.S. Securities and Exchange Commission. Grayscale Introduces Grayscale Funds Trust and Files for 3 ETFs ...