Franklin Templeton considers new altcoin-focused crypto fund
Franklin Templeton is reportedly considering a private fund for institutional investors dedicated to altcoins. Go to Source
asset management
Auto Added by WPeMatico
Fidelity exec says most investors should have some Bitcoin allocation
The head of digital asset strategies at Fidelity Bank explained that most investors should have positions in Bitcoin regardless of their market thesis. Go to Source
Hashdex withdraws spot Ether ETF application
Hashdex withdrew its application for a spot Ether exchange-traded fund on May 24, a day after the SEC gave eight similar financial products the green light. Go to Source
BlackRock, Grayscale and Bitwise amend ETF filings before SEC decision
With the SEC expected to decide by May 23 whether to approve or disapprove a spot Ether exchange-traded fund, three asset managers amended their 19b-4 filings. Go to Source
Over 600 firms reveal billions in combined investment in Bitcoin ETFs
Millennium Management is the largest Bitcoin ETF investor with a $1.9 billion investment. Go to Source
Galaxy Digital’s revenue soars with mining, fees at record levels
Galaxy Digital’s net income climbed 40% in the first quarter of 2024, buoyed by record-breaking revenue from mining operations and management fees. Go to Source
CoinShares posts record revenue in Q1, backed by markets, Bitcoin ETFs
CoinShares’ revenue, gains, and other income reached 43.9 million pounds ($55 million) in the first quarter of 2024, a 216% increase year-over-year. Go to Source
Base set for ‘material share’ of SocialFi activity: Franklin Templeton
Base is already home to 46% of transactions related to SocialFi on-chain, but the asset manager says it has even more room to grow. Go to Source
BlackRock met with SEC officials to discuss spot Bitcoin ETF
Representatives from the U.S. Securities and Exchange Commission also met with Grayscale on Nov. 20 in the asset manager’s bid for listing a Bitcoin ETF. Go to Source
CoinShares gets buying rights to Valkyrie’s crypto ETF unit
The deal comes as Bitcoin ETF applications in the U.S. are seemingly inching closer toward regulatory approval. Go to Source
