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CEO Robbie Yung said that while Animoca does not employ a specific allocation strategy nor an investment target, it will continue supporting new Web3 businesses and its portfolio companies. Go to Source
The closed fund will offer investors a 5% yield in Bitcoin and lend funds in BTC to institutions. Go to Source
In November, the commission separately met with representatives of BlackRock and Grayscale to discuss their spot crypto exchange-traded funds. Go to Source
The latest Coinbase sale by ARK is one of its largest daily COIN sales in 2023, third only to two massive sales in July. Go to Source
The commission said it will have until January 2024 to reach a decision on the spot Ethereum investment vehicle, or institute proceedings to extend the deadline again. Go to Source
Cryptocurrency exchange ByBit has released its latest quarterly report revealing trading and holding trends of its institutional traders heavy in Bitcoin positive sentiment. Go to Source
The U.K. Parliamentary Committee fears that an official launch will demand a significant investment, adding that “It is not clear to us at this stage whether the benefits are likely to outweigh these risks.” Go to Source
The funding will support TON ecosystem projects, research and development efforts, community-building and marketing activities. Go to Source
“Interested persons” will have 21 days to comment on a proposed rule change allowing the Cboe BZX Exchange to list and trade shares of the Fidelity Ethereum Fund. Go to Source
The firm reported it held 174,530 Bitcoin as of Nov. 29 — worth roughly $6.6 billion at a price of $37,726. Go to Source
