Digital asset investment products saw inflows totalling $932m last week, the second week of positive flows, according to the latest digital assets fund flows weekly report from CoinShares.
As well as proving popular with retail investors, bitcoin ETFs have caught the attention of hedge fund majors including Millennium Management, Schonfeld Strategic Advisors and Point72 Asset Management, according to a report by Bloomberg.
The world’s largest futures exchange CME Group is aiming to capitalise on this year’s surge in money managers’ demand for cryptocurrency exposure with the launch of bitcoin spot trading on its platform, according to a report by the Financial Times.
Hong Kong-listed company Wealthink AI-Innovation Capital has invested in a hedge fund run by Tide Capital, an investment firm focused on bitcoin and bitcoin ecosystem investments.
Hyperion Decimus, a digital asset management firm and a sponsor of a multi-strategy crypto hedge fund, has launched the HD CoinDesk Acheilus Fund, a strategy that will invest in digital assets leveraging institutional grade fiduciary management.
BlockTower Capital, an investment firm with $1.7bn in AUM, has experienced a security breach in its main hedge fund, leading to partial losses, according to a report by Bloomberg citing people familiar with the matter.
Digital asset investment products saw inflows totalling $130m last week, the first positive flows seen in five weeks, according to the latest digital assets fund flows weekly report from CoinShares.
EDXM Markets Holdings Global, a digital asset company for institutional customers, has launched its Singapore-based settlement platform, EDXM Global, which aims to streamline OTC transaction settlements with speed and reliability.
Digital asset investment products saw outflows for the fourth consecutive week totalling $251m as the new US spot bitcoin ETFs saw their first ‘measurable’ outflows, according to the latest Digital Assets Fund Flows Weekly report from CoinShares.
Digital asset investment products saw outflows for the third consecutive week last week totalling $435m, marking the largest outflows since March this year, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.
