assets under management – DIGIT INFO

Bitwise Expands European Presence Through Acquisition of ETC Group

DIGIT — Mon, 19 Aug 2024 19:30:06 +0000

Bitwise Asset Management has taken a bold step into the European market by acquiring ETC Group, a London-based provider of cryptocurrency exchange-traded products (ETPs). This strategic move increases Bitwise’s assets under management to over $4.5 billion, adding nine European-listed crypto ETPs to its expanding portfolio. Bitwise Enters European Market by Acquiring ETC Group, Boosting Crypto […]

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Digital Assets Under Management 5.25% Higher in February — Grayscale Still ‘Most Dominant Player’

DIGIT — Sat, 04 Mar 2023 08:30:41 +0000

The value of digital assets under management (AUM) for digital asset investment products in February rose to $28.3 billion, the highest number recorded since May 2022, according to Cryptocompare stats. The increase came against the background of rising U.S. Securities and Exchange Commission (SEC) enforcement actions against crypto industry players. Bitcoin and ethereum continue to […]

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Report Shows Financial Troubles Plagued Bankman-Fried’s Alameda Research as Early as 2018

DIGIT — Mon, 02 Jan 2023 15:30:57 +0000

Before FTX collapsed it was assumed that Alameda Research was one of the top quantitative trading firms and market makers within the industry. However, much of that perception may have been a facade as a recent report details that Alameda suffered from financial troubles as early as 2018. People familiar with the matter said Alameda […]

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Sequoia Capital marks down entire $214M FTX stake to zero

DIGIT — Thu, 10 Nov 2022 05:40:25 +0000

The venture capital firm assured partners it ran a rigorous due diligence assessment when it invested in FTX, finding the exchange to generate $1 billion in revenue and $250 million in operating income.

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Report: Singapore’s State Investor Temasek Is Engaging With Embattled Crypto Exchange FTX

DIGIT — Thu, 10 Nov 2022 00:30:03 +0000

According to a report published on Nov. 9, 2022, Temasek Holdings, the Singaporean state holding company owned by the government of Singapore is allegedly engaging with FTX amid Binance’s plans to bail out the crypto trading firm. Singapore’s state investor has been known to have invested in the cryptocurrency and blockchain industry for quite some […]

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Study Finds Nearly 60% of Hong Kong and Singapore’s Super Rich Have Invested in Digital Assets

DIGIT — Fri, 28 Oct 2022 08:30:30 +0000

According to a study jointly published by KPMG China and Aspen Digital, about 58% of Singapore and Hong Kong’s family offices and high-net-worth individuals have invested in digital assets. Reports suggest the info shows the crypto market downturn has not diminished the super-rich’s interest in digital assets, and is unlikely to dissuade them from increasing […]

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ETH products grow in August as BTC products dip: CryptoCompare report

DIGIT — Wed, 31 Aug 2022 04:49:44 +0000

The upcoming Merge has contributed to a rise in Ethereum investment products and trading volume, as crypto market AUM figures continue to drop amid the bear market

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Crypto venture capital firms see surging assets under management

DIGIT — Tue, 05 Apr 2022 05:34:41 +0000

Filings reveal the massive amount of assets that crypto venture funds are managing, Andreessen Horowitz’s (a16z) crypto funds were also disclosed to be worth around $9 billion.

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While GBTC Bitcoin Stacking Slows, Grayscale Accumulates Alternative Crypto Assets

DIGIT — Mon, 02 Aug 2021 09:51:18 +0000

Established in 2013, the firm Grayscale Investments has managed to become the world’s largest asset manager for digital currency. While initially starting with bitcoin, the company has since added a myriad of different crypto assets as Grayscale commands $36.34 billion in assets under management (AUM) between 13 different digital currencies. While the asset manager has […]

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Automated Investment Service Firm Wealthfront Adds Support for Grayscale’s BTC, ETH Trusts

DIGIT — Sat, 31 Jul 2021 07:30:10 +0000

On Thursday, the Palo Alto-based automated investment service firm, Wealthfront Inc., announced that customers can now get exposure to crypto assets via the company’s platform. The firm revealed that clients can choose from two Grayscale investment trusts, as the company now offers investments in the Grayscale Ethereum Trust (ETHE) and the Grayscale Bitcoin Trust (GBTC). […]

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