Paradigm co-founder feels ‘deep regret’ investing in SBF and FTX
Some challenged whether the multi-billion dollar venture capital firm did enough due diligence on FTX prior to investment. Go to Source Powered by WPeMatico
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Swiss asset manager Julius Baer eyes crypto and DeFi potential
Swiss asset manager Julius Baer is set to offer cryptocurrency exposure to its high-net-worth clientele. Go to Source Powered by WPeMatico
Galaxy Digital reports $112M Q1 loss, citing crypto price volatility
Bitcoin and altcoins declined sharply in the first quarter in a selloff that was partly triggered by a shift in central bank policy. Go to Source Powered by WPeMatico
Sushi and Synthetix get the boot in Grayscale DeFi fund rebalancing
Crypto asset management firm Grayscale has added three new crypto assets to its funds and has kicked SushiSwap and Synthetix from its DeFi Fund following its first quarterly rebalance. Go to Source Powered by WPeMatico
a16z-backed TrueFi launches DeFi lending market for asset managers
Ali Yahya, a general partner at Andreessen Horowitz, told Cointelegraph that TrueFi will “bring the unique advantages of DeFi to a wider and global user base.” Go to Source Powered by WPeMatico
Bitcoin AUM falls 9.5% to record largest monthly pullback since July
The Bitcoin AUM market fell 9.5% to $48.7 billion in November while altcoin-based crypto funds such as Ether saw their AUM rise 5.4% to $16.6 billion. Go to Source Powered by WPeMatico
SEC rejects VanEck’s spot Bitcoin ETF as BTC price falls below $63K
The SEC said any rule change in favor of approving the ETF would not be “‘designed to prevent fraudulent and manipulative acts and practices” nor “protect investors and the public interest.” Go to Source Powered by WPeMatico
Franklin Templeton seeks experts for Bitcoin trading and crypto research
With more than $1.4 trillion in assets under management, Franklin Templeton is one of the world’s largest independent asset managers. Go to Source Powered by WPeMatico
Wealth managers gain exposure to Bitcoin via Grayscale, according to new SEC filings
The Grayscale Bitcoin Trust, which trades under the ticker symbol GBTC, is being snatched up by institutional managers looking for more traditional exposure to digital assets. Go to Source Powered by WPeMatico
VanEck takes new approach with SEC, files for Bitcoin Strategy ETF
SEC chair Gary Gensler recently hinted he would be more open to accepting ETFs based on crypto futures rather than through direct exposure. Go to Source Powered by WPeMatico
