The top eight financial institutions with an interest in Bitcoin and crypto have a whopping $27 trillion in combined assets under management.
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The top eight financial institutions with an interest in Bitcoin and crypto have a whopping $27 trillion in combined assets under management.
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The aftermath of FTX’s collapse has soured crypto investor sentiment with “record” inflows into short-investment products last week, said CoinShares.
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“For us, we think the cryptocurrency markets represent tremendous growth,” said SkyBridge founder Anthony Scarramucci.
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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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