News with the tag "Investment trusts"

Grayscale Investments has announced the launch of two new cryptocurrency investment trusts—Grayscale Bittensor Trust and Grayscale Sui Trust. These new offerings aim to provide accredited investors with targeted exposure to the burgeoning fields of decentralized artificial intelligence (AI) and scal...

Abra purchased the trusts amid a settlement with 25 US state regulators connected to financial licensing violations.

Some pensions funds that experimented with emerging assets like cryptocurrency have lost millions of dollars.

The huge asset manager was denied approval for the Wise Origin Trust last year; now, it is joining a long line of spot fund hopefuls.

While the interest in crypto investments was on the rise last year among the home offices, 2023 saw a massive decline in such investors' certainty about the digital assets market.