Breaking News: INVESTMENT FIRMS – Market Insights, Analysis & Latest Updates

Bitcoin ETFs lead $3.1 billion weekly inflow record into crypto investment products: CoinShares

Crypto investment products registered a record $3.13 billion worth of net inflows globally last week, led by the U.S. spot Bitcoin ETFs, according to CoinShares. The funds’ year-to-date net inflows have also reached a record $37 billion, while assets under management hit a new peak of $153 billion.

theblock.co • 25/11/2024 - 11:53 AM

INVESTMENT FIRMS

Former Coatue Management exec co-founds new venture firm aiming to raise up to $500 million: report

Michael Gilroy, former head of fintech at the crypto-friendly investment firm Coatue Management, is co-founding a new venture firm. The firm aims to raise up to $500 million for its first fund, but fundraising won’t formally begin until 2025.

theblock.co • 23/11/2024 - 00:25 AM

The Daily: Solana hits new all-time high, XRP surges after Gensler announces SEC departure and more

Solana surged 11% on Thursday to reach a new all-time high above $263 by the end of the day amid a broader market rally fueled by Donald Trump’s election victory, sparking optimism about a more crypto-friendly U.S. administration. XRP has had one of the strongest crypto rallies over the past 24 hours, surging 32% to around $1.47 — reaching its highest price since May 2021. Ethereum futures open interest jumped 12% to a fresh high of $20.8 billion on Friday, signaling short-term bullish momentum in the derivatives market, according to analysts at CryptoQuant. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 22/11/2024 - 18:46 PM

MicroStrategy completes its $3 billion debt offering to buy more bitcoin

The “bitcoin treasury company” has completed a $3 billion convertible senior notes offering to buy more bitcoins, according to an announcement on Thursday.

theblock.co • 21/11/2024 - 22:22 PM

INVESTMENT FIRMS

SEC delays making a decision on Franklin Crypto Index ETF dubbed EZPZ

Franklin Templeton in August filed a registration statement with the agency for the Franklin Crypto Index ETF that would hold both ether and bitcoin. The SEC decided to postpone deciding whether to approve, disapprove or “institute proceedings,” according to a filing on Wednesday.

theblock.co • 20/11/2024 - 20:53 PM

BlackRock's BUIDL token first to go live on Securitize's new platform for minting 'synthetic dollars' while still earning RWA yield

Securitize launches sToken, allowing liquidity from real-world assets while retaining yields, facilitated by collaboration with Elixir for DeFi integration through deUSD.

theblock.co • 19/11/2024 - 13:01 PM

The Daily: Monad begins rolling out testnet, Bernstein's catalysts for a $200,000 bitcoin price and more

The highly-anticipated Ethereum-compatible Layer 1 Monad has begun rolling out its testnet as part of a phased release, a source told The Block. Analysts at Bernstein have outlined the key upcoming catalysts that could propel bitcoin’s price to their cycle target of $200,000 in 2025. Netherlands-based Quantoz Payments has launched MiCA-compliant stablecoins USDQ and EURQ, pegged to the dollar and euro, on the Ethereum blockchain. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 18/11/2024 - 18:26 PM

Bitcoin ETFs lead $3.1 billion weekly inflow record into crypto investment products: CoinShares

Former Coatue Management exec co-founds new venture firm aiming to raise up to $500 million: report

The Daily: Solana hits new all-time high, XRP surges after Gensler announces SEC departure and more

MicroStrategy completes its $3 billion debt offering to buy more bitcoin

SEC delays making a decision on Franklin Crypto Index ETF dubbed EZPZ

BlackRock's BUIDL token first to go live on Securitize's new platform for minting 'synthetic dollars' while still earning RWA yield

The Daily: Monad begins rolling out testnet, Bernstein's catalysts for a $200,000 bitcoin price and more

Goldman Sachs to spinout digital assets business within 12-18 months: Bloomberg

Crypto funds add another $2.2 billion in a week as YTD inflows and AUM hit record levels

Bernstein outlines $200,000 bitcoin target catalysts as price nears fresh all-time high

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