News with the tag "Funds"

Get ready for a thrilling showdown in the world of digital assets! Fidelity Investments, a financial giant, is poised to launch its own tokenized U.S. Treasury Fund , directly challenging BlackRock’s pioneering BUIDL fund. This exciting development, first reported by AggrNews on X, signals a signifi...

Crypto investment products have been seeing weekly outflows for four consecutive weeks now, with $876 million withdrawn last week, bringing the four-week total to $4.75 billion. The sustained withdrawals and an ongoing cryptocurrency market drawdown have erased gains made since November 2024 after D...

Foundation Capital, an early backer in Solana and AI chip maker Cerebras, has raised $600 million for its eleventh flagship fund. The fund is 20% larger than its predecessor $500 million fund, which closed around three years ago . Foundation Capital's focus is on early-stage investing, which "means ...

A well-known market analyst believes Bitcoin is on track to reach new highs this year. Tom Lee, the co-founder of Fundstrat Global Advisors, expects the cryptocurrency to do “better than $150,000” by the end of 2025. Related Reading: BTC Repeats Historic Pattern—Is a Breakout Toward $100K Next? His ...

Tom Lee, CIO of Fundstrat, recently spoke with CNBC , suggesting that the broader market may be nearing a bottom, potentially as soon as this week. Lee's outlook comes amid economic uncertainty as President Trump navigates his first 100 days in office. Several factors are contributing to market vola...

The Nasdaq Stock Exchange has filed a 19b-4 with the US Securities and Exchange Commission (SEC) seeking approval to list and trade Grayscale POLKADOT ETF, a bid to expand investment opportunities for crypto-savvy investors. Nasdaq has filed a 19b-4 filing application to the U.S. financial watchdog....

Crypto asset investment products experienced significant outflows last week, according to the latest fund flows report from CoinShares. The report revealed that outflows totaled $508 million, bringing the cumulative two-week outflows to $924 million. These recent trends follow an 18-week streak of i...

Exciting news for accredited investors seeking groundbreaking opportunities at the intersection of artificial intelligence and cryptocurrency! Grayscale Investments, a leading name in crypto asset management, has just announced the launch of its highly anticipated Decentralized AI Fund. This innovat...

Hold onto your hats, crypto enthusiasts! In a whirlwind of events that proves the crypto space can be both wild and resilient, Bybit, a major crypto exchange, has demonstrated some serious agility. Just after facing a staggering $1.5 billion hack (yes, you read that right!), Bybit sprang into action...

Staking should potentially be added to the menu for crypto exchange-traded funds (ETFs), a bipartisan group of U.S. senators argued in a letter to the Securities and Exchange Commission (SEC) on Thursday. Issuers of crypto ETFs had originally planned to include the staking feature in their fund offe...