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Genesis completes bankruptcy restructuring, begins distributing $4 billion in crypto and cash

Genesis Global has completed its restructuring after bankruptcy, distributing $4 billion in assets to over 100,000 creditors and addressing liabilities of around $10 billion.

theblock.co • 02/08/2024 - 17:11 PM

Ark Invest sells $6.9 million of its own spot Bitcoin ETF, ramps up Coinbase share sales

Ark Invest sold shares of ARKB Bitcoin ETF and Coinbase stock, adjusting its portfolio's diversification while experiencing mixed performance in the crypto market and Coinbase's revenue decline.

theblock.co • 02/08/2024 - 09:07 AM

Cathie Wood's Ark Invest resumes Coinbase share sales, offloads $2.7 million worth of COIN

Ark Invest sold 12,077 Coinbase shares for $2.7 million from its ARKW ETF, now holding 7.3% of COIN. The firm aims for diversification and has increased overall by 33%.

theblock.co • 01/08/2024 - 08:59 AM

Fidelity International lists bitcoin ETP on London Stock Exchange

Fidelity International launched its bitcoin ETP on the London Stock Exchange, now accessible to professional investors, following FCA approval, enhancing digital asset opportunities in the UK.

theblock.co • 31/07/2024 - 13:24 PM

Goldman Sachs CEO David Solomon says bitcoin could be 'a store of value case'

David Solomon of Goldman Sachs views Bitcoin as a speculative investment but acknowledges its potential as a store of value. Goldman is actively advancing in the crypto space.

theblock.co • 30/07/2024 - 14:36 PM

The spot Ethereum ETFs' first week by the numbers

The new U.S. spot Ethereum ETFs got off to a contrasting start last week, with over $1 billion of net inflows into eight of the funds overwhelmed by $1.5 billion in net outflows from Grayscale’s ETHE. Excluding ETHE, the Ethereum ETFs generated around 40% of the net inflows witnessed by the Bitcoin ETFs following their launch in January, excluding GBTC.

theblock.co • 29/07/2024 - 11:55 AM

Genesis completes bankruptcy restructuring, begins distributing $4 billion in crypto and cash

Ark Invest sells $6.9 million of its own spot Bitcoin ETF, ramps up Coinbase share sales

Cathie Wood's Ark Invest resumes Coinbase share sales, offloads $2.7 million worth of COIN

Fidelity International lists bitcoin ETP on London Stock Exchange

Goldman Sachs CEO David Solomon says bitcoin could be 'a store of value case'

The spot Ethereum ETFs' first week by the numbers

At this rate, Grayscale's ETHE could run out of ether within weeks

Michael Novogratz's Galaxy secures $113 million for crypto-focused venture fund

Cathie Wood's Ark Invest sells $7.8 million of its own spot Bitcoin ETF

Bitwise discloses ENS addresses for spot Ethereum ETF holdings

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