Bitwise, VanEck, 21Shares and Canary Capital have also recently submitted their S-1 registration statements to list a spot Solana ETF in the US.
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The firm revealed it has “$44.3 trillion in assets under custody and/or administration and $4.4 trillion in assets under management.”
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The acquisition adds nine European-listed crypto ETPs to Bitwise’s portfolio and raises its assets under management to over $4.5 billion.
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According to data gathered by Arkham Intelligence, Blackrock’s onchain assets are inching closer to outpacing Grayscale’s crypto holdings. As of Friday, Grayscale’s onchain value stood at approximately $21.33 billion, while Blackrock’s portfolio was around $21.02 billion. Grayscale Faces Fierce Competition as Blackrock’s Onchain Assets Climb Blackrock’s collection of onchain digital assets is nearing a point […]
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Investcorp’s Strategic Capital Group (ISGC) currently has $1.5 billion in assets under management and will handle the collaborative deals.
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The Solana product, QSOL, seeks to provide shareholders with staking yield accrued from the Solana network.
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Franklin Templeton is reportedly considering a private fund for institutional investors dedicated to altcoins.
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Regulatory uncertainty is holding back the $20 trillion dollar financial advisory industry from investing more in crypto, claims Bitwise investment head Matt Hougan.
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The head of digital asset strategies at Fidelity Bank explained that most investors should have positions in Bitcoin regardless of their market thesis.
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It’s a big day for asset tokenization as many of the biggest names in the field announced the formation of association to further its development.
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