Digital asset investment firm CoinShares announced its 2024 Q4 earnings report, which revealed that the previous quarter was the company's strongest quarter ever, including: 1. Physical pledged Ethereum ETP inflows amounted to 75 million USD; 2. Physical XRP ETP attracts $31 million in new investment; 3. Physical Bitcoin ETP has become the largest ETP in the European market. 4. The overall inflow of cryptocurrency spot, futures and stock ETPs in the US market reached $16 billion.
On February 19, the Hong Kong Securities Supervision Commission approved another virtual asset trading platform license, the latest being the virtual asset trading platform Bullish, which increased the number of licensed virtual asset trading platforms in Hong Kong to 10. Liu Dehao, senior vice president and head of global sales at Bullish, said in an interview with this newspaper earlier that Hong Kong is an important business point, and there are currently more than 100 employees in Hong Kong,...
Fidelity Investments, the world's third-largest asset manager, saw its funds increase in assets by $1 trillion over the past year as revenue jumped to a record high. Boston-based Fidelity said in its annual report on Tuesday that assets under management in its own investment funds and managed accounts rose to $5.90 trillion in 2024 from $4.90 trillion the year before. Revenue rose 16 per cent to a record $32.70 billion and operating expenses rose 14 per cent.
Crypto asset management company Bitwise announced in a post on the X platform that it donated $150,000 to support bitcoin open-source developers. When the Bitwise Bitcoin ETF ($BITB) was launched, it had pledged to donate 10% of its gross profit every year. Bitwise said it was pleased to fulfill this commitment through its first annual donation. Three organizations will distribute relevant funds, namely Brink, OpenSats, and the Human Rights Foundation.
The Federal Reserve's Harker said that the Federal Reserve should adjust its balance sheet to be all or mainly government bonds, and bank reserves are expected to contract rapidly. There is still a lack of clarity on the end point of the balance sheet reduction.
On February 17th, according to the latest weekly report data of CoinShares, digital asset investment products experienced a significant capital outflow for the first time after a record 19 consecutive weeks of inflows, totaling $415 million. The main reason for the outflow was the hawkish remarks of Federal Reserve Chairperson Powell and the US CPI data exceeded expectations, resulting in higher market expectations for interest rates. Bitcoin was the most affected, with outflows reaching $430 mi...
The yen has led the way among G10 currencies this year. Asset managers have been the most bullish on the yen since 2021. Dollar volatility has prompted traders to go long the yen in more ways. Click to view...
While the content of the executive order signed by Trump on creating a national digital asset reserve is somewhat vague, Martins Benkitis, co-founder and CEO of market maker Gravity Team, has a clear opinion on what the key assets in the reserve should be. According to Benkitis, any digital asset reserve "should be based on Bitcoin." This applies to any country considering creating a digital asset reserve, he said.
Geoffrey Kendrick, head of global digital asset research at Standard Chartered, said in a recent note that bitcoin has been down for five consecutive weekends, but that trend is expected to shift this weekend. A slight rally this weekend could trigger ETF inflows on Monday, pushing the price back to $100,000 and then to $102,500. In recent weekends, New York...
According to market news, State Street will launch its crypto asset custody business in 2026.
Metalpha, a digital asset manager, has released its latest unaudited financial results report, in which it disclosed total revenue of $19,720,654 for the six months ended September 30, 2024, a nearly four-fold increase compared to $5,085,150 for the same period in fiscal 2024, in addition to the fact that its board of directors has approved a share repurchase program of up to $5 million, which will be conducted over the next 36 months.
Soter Insure, a digital asset insurance provider incubated by Further Ventures and WebN Group, completed the A round of financing, led by Galaxy, and participated in the investment by Brevan Howard Digital, Karatage, Token Bay, Pharsalus, etc. The specific investment amount has not been disclosed yet. Soter Insure mainly provides digital asset insurance products in the Web3 market for Financial Institution Group, covering areas such as smart contract failure. The new funds will be used to expand...
On February 14th, according to the feedback from GoPlus users, some assets were stolen. After security monitoring, the stolen currency address was newly created yesterday, and more than 1 million US dollars of assets have been collected to the address starting with 0x49ad. GoPlus speculates that the private keys of a trading platform or Trading Bot users may be stolen in batches. Please quickly check the security of wallet assets and install GoPlus security plug-ins to monitor risks and protect ...
According to Fox Business, as digital assets become a regulatory priority, the Securities Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are exploring ways to strengthen cooperation on cryptocurrency regulation. One of the options under discussion is to reactivate the CFTC-SEC Joint Advisory Committee, which was established in 2010 to coordinate regulation of emerging markets, but has been stalled since 2014. Caroline Pham, acting chairperson of the CFTC, called fo...
据Franklin Templeton DigitalAssets官方消息,其链上美国国债货币基金“BENJI”现已在Solana上线。