investments News and Articles

The US-based investment manager AdvisorShares filed with the SEC to release a Bitcoin ETF. As noted in the submitted papers, the fund plans to invest all or most part of its holdings in exchange-traded futures contracts on BTC and collateral. In case of approval, AdvisorShares plans to invest in...

Crypto startup Matrixport, co-founded by digital asset mining firm Bitmain's ex CEO Wu Jihan and Ge Yuesheng in February 2019, raised over $100 M in Series C. Thus, the Singapore-headquartered company's valuation reached $1 B. Matrixport, a financial services company, raised $100 million at a...

Large crypto derivatives platform FTX headed by Sam Bankman-Fried in 2018, attracted $900 M in the Series B funding phase. Thus, the company's valuation has reached $18 B compared to last year's $1.2 B. Tokyo-based international conglomerate holding company Softbank, American venture capital firm...

Data from Chainalysis shows that Indian's share of crypto investments has gone up to $40 M. Last year, the amount was $200 M. The youngest investors of the country are more tended to invest in cryptocurrencies than in precious metals. Over 15 million Indians are now purchasing cryptocurrencies....

Today major crypto investment manager GrayScale issued 5 additional altcoin trusts. They are LINK, BAT, MANA, FIL, and LPT. The entity disclosed its plans to launch these products in January. Along with these additions, the number of GrayScale's crypto trusts reached...

Enterprise analytics firm MicroStrategy informed on February 24 that it expanded its bitcoin funds by $1 billion. The news came on February 19, when the second trade of convertible debt was closed. MicroStrategy bought the 19.452 Bitcoins paying an average cost of $52,765 for each. Thus, the...

On January 15, cryptocurrency manager Grayscale Investments surged $700 M. The increase has started in the final quarter of the last year. The CEO of the company Michael Sonnenshein tweeted about it. Grayscale accumulated $3.3 B through its cryptocurrency investment instruments in Q4 2020. This...

Statistics show that about 10% of investment specialists have made client portfolio funds into cryptocurrencies. Bitwise Asset Management, together with ETF Trends, carried out a survey in December. Nearly 1,000 financial consultants answered prepared questions. The results show that 9.4% of client...

New-York based multinational investment bank and financial services company JPMorgan Chase Co finds it possible for bitcoin flow to reach $600 B. Data shows that insurance companies and pension funds in the U.S., Europe, and Japan have put just one percent of their assets into the world’s leading...

On Friday, major business analytics organization MicroStrategy informed about the completion of a $650 Million contribution of 0.75% convertible senior notes. This means the firm must return funds to the participants at a rate of 0.75% annually, beginning from June 2021 and lasting through June...

Toronto Stock Exchange has officially listed the first Ethereum-powered Fund product, which got over $76.5 M from capitalists. On Thursday authorities announced that the Ether Fund has finished its initial public offering of 7,240,000 Class A Units and Class F Units. the fundraiser managed by the...

American billionaire, hedge fund manager Ray Dalio finds that Bitcoin can offer protection against the "depreciating value of money". Dalio seems to have changed his mind towards Bitcoin. During his recent AMM session on Reddit, the investor recognized the leading crypto asset as an...

The managing director at Grayscale Investments LLC, Michael Sonnenshein informed that a growing number of people are paying attention to Ethereum. This year, a new group of institutional investors who are Ethereum-first and sometimes Ethereum-only joined in. This shows that people started to trust...

The crypto environment is evolving extremely fast nowadays. Nearly everyone heard about cryptocurrencies, particularly Bitcoin, but not everyone exactly understands what these coins are and why they're growing so popular. On the other hand, there are lots of those who're investing in crypto and are...