allocation – DIGIT INFO

Solana sees ‘dramatic increase’ in institutional portfolios: CoinShares

DIGIT — Fri, 26 Apr 2024 02:41:30 +0000

CoinShares found a significant increase in hedge funds and wealth managers survey respondents who have allocated to Solana compared to earlier this year.

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Stablecoin Issuer Tether Reveals Plan to Allocate Profits Into Bitcoin

DIGIT — Wed, 17 May 2023 17:30:20 +0000

Tether, the stablecoin enterprise, has revealed its intention to devote 15% of its profits to bitcoin. The firm’s announcement comes on the heels of Tether’s recent attestation report, which emphasized the company’s possession of bitcoin reserves worth $1.5 billion. Tether’s Strategic Shift: Profits to Fuel Bitcoin Acquisition Tether, the company behind the crypto economy’s largest […]

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4 reasons why Paul Tudor Jones’ 5% Bitcoin exposure advice is difficult for major funds

DIGIT — Sun, 20 Jun 2021 21:30:00 +0000

Major funds are probably interested in Bitcoin and altcoins, but four significant hurdles are preventing them from investing.

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