Crypto funds under management drop to a low not seen since July 2021

crypto-funds-under-management-drop-to-a-low-not-seen-since-july-2021

Outflows from digital asset funds reached $141 million last week, a figure not seen since July 2021. Digital asset investment products saw $141 million in outflows during the week ending on May 20, a move which reduced the total assets under management (AUM) by institutional funds down to $38 billion, the lowest level since July … Read more

Bitcoin investment giant Grayscale debuts ETF in Europe

bitcoin-investment-giant-grayscale-debuts-etf-in-europe

Grayscale announced its first European ETF, listing on the London Stock Exchange, Borsa Italiana and Deutsche Börse Xetra. Crypto investment giant Grayscale is expanding operations by launching a new crypto-linked exchange-traded fund (ETF) in Europe. Grayscale officially announced its first European ETF, called Grayscale Future of Finance UCITS ETF, on May 16. The new investment … Read more

Major Increase In Bitcoin Trading Volume

major-increase-in-bitcoin-trading-volume

A significant amount of bitcoin changed hands on the United States’ most dominant spot exchange, Coinbase, as investors look to buy the dip. The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market … Read more

Grayscale Met With SEC On Approval Of Spot-Bitcoin ETF

grayscale-met-with-sec-on-approval-of-spot-bitcoin-etf

Grayscale met with the SEC behind closed doors to persuade regulators to approve the fund’s application to convert into a spot-bitcoin ETF. Grayscale, the largest bitcoin fund in the world, met with the SEC in a closed meeting. The meeting was meant to persuade regulators to approve Grayscale’s conversion from a fund to a spot-bitcoin … Read more