Report: Global Crypto Investments Surge to Record $2.7 Billion in Weekly Inflows

Report: Global Crypto Investments Surge to Record $2.7 Billion in Weekly InflowsIn an unprecedented surge, global crypto investment products experienced a historic influx of $2.7 billion last week, signaling strong confidence among investors and propelling assets under management (AUM) back to December 2021 levels. Record $2.7 Billion Flows Into Crypto Investments in a Historic Week The record-breaking week saw digital asset investment vehicles garner inflows of […]

Go to Source

Crypto Funds See Record $2.45 Billion Global Inflows in a Single Week: Coinshares

Crypto Funds See Record $2.45 Billion Global Inflows in a Single Week: CoinsharesIn an unprecedented surge, crypto funds around the globe registered record inflows totaling $2.45 billion last week, marking a significant uptick in investor interest. This influx has propelled the total assets under management (AUM) back to levels not seen since December 2021, signaling a strong resurgence in the crypto investment space. Record $2.45 Billion Inflows […]

Go to Source

Chinese State-Owned Company Launches 2 Crypto Funds in Hong Kong

Chinese State-Owned Company Launches 2 Crypto Funds in Hong KongOne of China’s leading insurers has backed the establishment of two crypto investment funds in Hong Kong. The business move comes against the backdrop of the region’s ambitions to become a hub for digital assets, and despite the negative regulatory attitude towards the market in the mainland. Chinese Insurance Giant Enters Crypto Space Through Hong […]

Go to Source

Powered by WPeMatico

Bitzlato to Restore Operations and Withdrawals From Russia, Co-founder Vows

Bitzlato to Restore Operations and Withdrawals From Russia, Co-founder VowsRussia-linked cryptocurrency exchange Bitzlato, seized by Western law enforcement, plans to relaunch and permit partial withdrawals, a co-founder announced. Members of the trading platform’s team also intend to relocate the business to the Russian Federation. Co-Founder Says Exchange Will Provide Access to User Funds Crypto exchange Bitzlato is taking steps to restore operations and immediately […]

Go to Source

Powered by WPeMatico

FTX’s $5.5 Billion in Alleged ‘Liquid Assets’ Includes Locked SOL Cache and Illiquid FTT Holdings

FTX's $5.5 Billion in Alleged 'Liquid Assets' Includes Locked SOL Cache and Illiquid FTT HoldingsTwo days ago, bankruptcy administrators and FTX debtors published an update for unsecured creditors claiming the discovery of $5.5 billion in liquid assets. Roughly $3.5 billion of these funds are cryptocurrency assets, with 11 different digital currencies classified as “liquid assets.” However, two of the firm’s top cryptocurrency caches are not liquid as the company’s […]

Go to Source

Powered by WPeMatico

Fidelity Investments Launches Crypto, Metaverse ETFs — Says ‘We Continue to See Demand’

Fidelity Investments Launches Crypto, Metaverse ETFsFidelity Investments, one of the largest financial services firms with more than $11 trillion under administration, is launching exchange-traded funds (ETFs) focusing on the crypto ecosystem and the metaverse. “We continue to see demand, particularly from young investors, for access to the rapidly growing industries,” said Fidelity. Fidelity Sees Demand for Crypto, Metaverse Investments Fidelity […]

Go to Source

Powered by WPeMatico

Indian Regulator SEBI Wants Mutual Funds to Stay Away From Crypto Investments Until Legislation Is Finalized

Indian Regulator SEBI Asks Mutual Fund Companies Not to Invest in Crypto Before Legislation Is FinalizedThe Securities and Exchange Board of India (SEBI) has reportedly asked mutual fund companies not to get involved or invest in any type of crypto asset-based investments until the Indian government has come up with cryptocurrency legislation. SEBI Asks Mutual Fund Companies to Wait for Crypto Legislation The chairman of the Securities and Exchange Board […]

Go to Source

Powered by WPeMatico