Digital asset investment products saw outflows totalling $305m last week, with widespread negative sentiment evident across various providers and regions, according to the latest Digital Assets Funds Flows weekly Report from CoinShares.
Zodia Custody, an institution-first digital asset custodian whose shareholders include Standard Chartered, SBI Holdings, Northern Trust, and National Australia Bank, has launched support for Cardano staking.
Aquanow, a global crypto infrastructure provider with over 300 clients, has partnered with Zodia Custody, a digital assets custodian backed by Standard Chartered, SBI Holdings, Northern Trust and National Australia Bank.
Hilbert Group AB, through its asset management division, Hilbert Capital, has formed a strategic partnership with Xapo Bank, a prominent global financial institution, to launch a new $200m bitcoin-denominated hedge fund.
Digital assets trading firm QCP has launched a tri-party solution aiming to provide enhanced protection for its clients’ assets, which is supported by digital assets infrastructure platform Fireblocks.
London-based Capula Management, one of Europe’s largest hedge funds with over $30bn in assets, has made a substantial foray into the cryptocurrency market with a nearly $500m investment in bitcoin ETFs, according to a report by Tech Business News.
Bitwise Asset Management has expanded into Europe with the acquisition of ETC Group, a London-based crypto ETP issuer with over $1bn in AUM, adding nine European-listed crypto ETPs to its suite of ETPs, hedge fund solutions and separately managed accounts.
Digital asset investment funds saw minor inflows last week totalling $30m, as recent macroeconomic data implied the US Federal Reserve is less likely to cut interest rates by 50 basis points in September, according to CoinShares.
Digital asset investment products saw inflows totalling $176m last week as investors saw recent price weakness as a buying opportunity, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.
Liquidators for the defunct cryptocurrency hedge fund Three Arrows Capital are seeking at least $1.3bn from TerraForm Labs, the bankrupt digital assets firm co-founded by Do Kwon over losses incurred from the 2022 collapse of TerraForm’s TerraUSD and Luna tokens,
