shares
Franklin Templeton to Enable Money Fund Shares on Stellar Network
Global investment fund Franklin Templeton Investments filed a preliminary prospectus with the United States Securities and Exchange Commission (SEC) for a money market fund where shares would be recorded and tokenized on the Stellar Network.
Tesla Shares Plummet as Bitcoin Sinks to $50,000
Tesla’s shares have plummeted by around 3.8%, following a massive sell-off wave that overtook tech stocks and the cryptocurrency market.
NYSE Launches Shares of Pro Crypto Silvergate Bank for Trading
American Commercial bank Silvergate Capital, a bank focused on digital currencies, is now officially established on the New York Stock Exchange (NYSE), with an opening of $12.75. Parallel to the event was the celebration of its initial public offering (IPO), as per NYSE.
MicroStrategy Plans to Increase BTC Holding by Selling Class A Shares Worth $500m
MicroStrategy Inc is planning to increase its bitcoin holdings through the net proceeds of its sale of up to $500 million worth of its class A shares.
Digital ETP issuer 21Shares Cooperates with German Bank Comdirect to Provide Crypto ETPs to Savings Accounts
21Shares, a well-known cryptocurrency ETP issuer, announced a partnership with the German online financial services bank Comdirect to diversify more options by providing cryptocurrency ETPs to their customer savings accounts.
ProShares to Launch First Ether ETF and Blended Crypto Funds
ProShares is set to launch the first-ever ETF focused on ether, along with two blended ETFs that offer exposure to both bitcoin and ether, on October 2, 2023. These new ETFs aim to provide a more accessible and regulated avenue for investors to gain exposure to cryptocurrencies, without the need for a separate crypto custodian or wallet.
Staking Rewards Raises $3.2M Equity from Crypto's Largest Funds Ecosystem
Crypto data aggregation startup, Staking Rewards says it has raised $3.2 million from the biggest fund managers in the cryptocurrency ecosystem.
Hedge Funds Battle to Survive After FTX Exchange Collapse
The hedge fund discontinued its CoinShares consumer platform because to high marketing costs.
Texas Bitcoin Mining Operations Undergo Intensive Due Diligence
CoinShares' research team evaluates major Bitcoin mining facilities in Texas, highlighting innovations and industry growth.
Injective (INJ) Unveils New Staking ETP in Collaboration with 21Shares
Injective (INJ)collaborates with 21Shares to launch AINJ, a new staking ETP offering INJ exposure and staking rewards via traditional finance venues.
Digital Asset Fund Flows Surge Amid FED Rate Cut
Digital asset inflows hit $321 million following a 50bp rate cut by the Federal Reserve, according to CoinShares.
Canaan Inc. Secures $50 Million in Final Tranche of Preferred Shares Financing
Canaan Inc. has completed its third and final tranche of preferred shares financing, raising $50 million to expand its North American self-mining operations.
CoinShares Reports Rising Bitcoin Mining Costs and Strategic Shifts
CoinShares' Q3 report highlights increased Bitcoin mining costs, strategic shifts, and the impact of rising energy prices and market dynamics on the industry.
CoinShares to Acquire the ETF Index of Elwood Technologies, Owned by Ellen Howard for $17M
Elwood Technologies, a cryptocurrency company of hedge fund giant Allen Howard, sold its ETF index to CoinShares for $17 million.
CoinShares Launches Ripple ETP
CoinShares, Europe’s largest digital asset manager with over $5 billion in assets under management, has released a Ripple ETP.
Morgan Stanley Buys Up To $40 Million Worth of Grayscale Bitcoin Trust Shares
Morgan Stanley recently bought more shares in Grayscale Bitcoin Trust to expand its allocation in Bitcoin investment. The move indicates a continued and ever-increasing position in crypto-related assets.
Argo Blockchain IPO: Lawsuit Claims Miner Made Untrue Statements
Argo Blockchain's 2021 IPO investors launched a class-action lawsuit.
Why Cathie Wood’s ARK Investments Skipped Buying the First Bitcoin Futures ETF Shares?
It was unusual that ARK Investments did not buy ProShares Bitcoin futures shares during the debut trading on the public markets. Wood Cathie, the CEO of the investment firm, has given out reasons behind such moves.
China Tightens Regulation on Tech Industry, Sinking Alibaba and Tencent Stocks on Single’s Day
China's regulatory clampdown on the technology industry has resulted in Chinese tech shares' underperforming on the stock market.
Digital Asset Outflows Continue for the Fourth Week, but Selective Investments Show Optimism in the Market: According to CoinShares
According to CoinShares' Twitter, the leading alternative asset manager in Europe specializing in digital assets, digital asset investment products have seen a fourth consecutive week of outflows, totalling $54 million. This has brought the total outflow to $200 million.
ARK Invest and 21Shares Launch Innovative Digital Asset ETF Suite
ARK Invest and 21Shares have launched a suite of digital asset ETFs, combining crypto-specific insights with traditional investment indicators, focusing on Bitcoin and Ether futures.
Ark Invest's Cathie Wood Challenges Vanguard's Bitcoin ETF Exclusion Decision
Ark Invest CEO Cathie Wood criticizes Vanguard for excluding Bitcoin ETFs, marking a significant shift in investment preferences as customers move to crypto-friendly platforms. This controversy reflects the evolving dynamics of the financial sector.
Cathie Wood’s Ark Invest Purchases $79.4M of Robinhood Shares after Crypto Price Fall
Bitcoin and crypto believer Cathie Wood’s fund has bought approximately $79.4 million of Robinhood shares (approx. 2.29 million shares).
US SEC Rejects One River Spot Bitcoin ETF Application
The United States Securities and Exchange Commission (SEC) has rejected the spot Bitcoin Exchange Traded Fund (ETF) Application filed by One River Asset Management
Bitcoin Rebounds, Despite Bearish Confidence among Institutional Investors
Bitcoin’s price rebounded slightly, which has increased by 24.15% over the past week. However, the institutional sentiment remains bearish.
SEC Delays Decision on ARK 21Shares Bitcoin ETF, Opens Public Comment Period
The SEC has delayed its decision on ARK 21Shares' Bitcoin ETF until Nov 11, 2023, opening a 21-day public comment period.
Ark Invest Refiles Application for Bitcoin Spot ETF Alongside 21 Shares
Ark Investment Management, the investment company tagged with Cathie Wood is taking another dig at a spot Bitcoin Exchange Traded Fund (ETF) product.
SEC Poised for Decision on Ark Invest and 21Shares Bitcoin ETF, Market Reacts
The SEC is nearing decisions on Bitcoin ETF applications, which could significantly impact the cryptocurrency landscape due to market anticipation and Bitcoin's price surge.
21Shares Launches Bitcoin ETP on Aquis Exchange
21Shares, a well-known cryptocurrency ETP issuer, announced today that it has cooperated with GHCO, an issuer-centric liquidity provider committed to building transparent and accessible financial markets to list Its Bitcoin ETP (ABTC) on the Aquis exchange.
The First Bitcoin Futures ETF Approved In U.S., Expecting to Start Trading This Week
The US SEC has finally approved the first Bitcoin futures ETF to operate in the country. ProShares’ Bitcoin futures ETF is scheduled to trade this week.
ARK Invest Intensifies Investment in Robinhood
ARK Invest, led by Bitcoin enthusiast Cathie Wood, increased its stake in Robinhood, buying 1.1 million shares worth over $9.5 million in a single day. The investment was distributed across three ARK ETFs, with ARKK acquiring the majority.
Crypto Weekly Outflows Touches $17m, Ending Six Consecutive Weeks Inflow: CoinShares
Outflows from crypto investment products reached $17 million in the week as of Aug. 12, according to digital asset management firm Coinshares, ending a six-week run of inflows for the cryptocurrency industry.
Digital-Asset Investment Funds Enjoys Net Inflow of up to $63M since Five Weeks
Market analysis report shows that digital asset investment products enjoy a net flow of up to $63 million in five consecutive weeks, breaking a four week run of outflow.
SEC Could Approve All Ethereum ETFs Concurrently
SEC may greenlight multiple Ethereum ETFs at once, signaling a shift in U.S. crypto regulation. Key players like Volatility Shares & Valkyrie await decisions.
VanEck And ProShares Withdraw Plans to List Ethereum ETFs
VanEck and ProShares have told the SEC that they would like to pull their plans to launch Ethereum ETFs.
Institutional investors pull back from crypto amid regulatory crackdown
Last week, institutional fund withdrawals reached $32 million, despite a 10% market increase.
Bitcoin Hit the Worst Quarter Return since Q1 2018
Bitcoin is currently down nearly 46% this quarter. Bitcoin is about to meet its biggest decline since 2014.
Institutional XRP Inflows Surge to Hit $33 Million, Almost Doubling Its AUM
Despite tumbling slightly in price, XRP's institutional inflows have been ramping up.
Short Bitcoin Investment Products Saw Record Inflow of $18m Last Week: CoinShares
Data from digital asset management firm Coinshares showed that outflows from cryptocurrency investment products reached $9.2 million last week, with the majority of inflows coming from short investment products.
BlackRock and SEC Discuss iShares Bitcoin Trust Listing on Nasdaq
The SEC is reviewing multiple proposals for iShares Bitcoin Trust's listing as a spot Bitcoin ETF on Nasdaq, marking a significant step in mainstream cryptocurrency acceptance.
ProShares Files for New Metaverse ETF With U.S. SEC
The metaverse is likely going to see an exchange-traded fund from ProShares, according to a Tuesday filing with the U.S. Securities and Exchange Commission, Bloomberg reported.
ARK Invest Buys Coinbase Shares Despite Wells Notice
Investment management firm ARK Invest, led by Cathie Wood, has resumed buying shares of Coinbase, purchasing 268,928 shares worth $17.88 million through its ARKK Innovation and ARKW Next Generation Internet exchange-traded funds on March 23. This came just a day after Coinbase's stock price fell by 21% due to news of the company receiving a Wells notice from the Securities and Exchange Commission (SEC).
Bitcoin’s Volatility has Slowed Down, according to CoinShares Chief Strategist
Despite the effects of the Covid-19 pandemic, some notable market indexes have hit record highs, making Bitcoin (BTC) appear less volatile according to CoinShares CSO.
CoinShares Launches Twitter Bot for NFT Investors
Crypto asset manager CoinShares has launched a helpful Twitter bot for NFT investors.
Capital Inflows into Crypto Investment Products, Hit a 3-Month High of $193m
In the past week, inflows into crypto investment products reached $193 million. A scenario last seen in mid-December 2021, according to digital asset management firm Coinshares.
Crypto Weekly Inflows Have Topped $500M for Six Consecutive Weeks: CoinShares
Inflows into crypto investment products have been experiencing an uptick for six consecutive weeks, topping $500 million, according to a report by market insight provider CoinShares.
On BX Swiss market, 21Shares launches crypto staking ETP
Staking-focused crypto-exchange-traded product from 21Shares. The STAKE ETP follows BNB, Cardano, Cosmos, Polkadot (DOT), Solana, and Tezos. 21Shares Staking Basket ETP never lends. AXTZ's year-to-date performance has increased 38% and ASOL's 78%.
Bitmain Responds to Former Co-Founder Claims of Holding 36% Company Stock as Baseless
Bitmain recently released an official statement in which it disputed the claims of Micree Zhan, the former CEO, over the ownership of a majority stake of the company.
ProShares Unveils World's First Short Ether-Linked ETF
ProShares introduces ProShares Short Ether Strategy ETF (SETH), the world's first short ether-linked ETF, aiming to profit investors during ether price downtrends, reaffirming the firm's innovative approach.
ProShares Confirms to Start Trading Bitcoin Futures ETF on NYSE Tuesday
American Exchange Traded Funds (ETFs) provider, ProShares confirmed that its Bitcoin Futures backed ETF product will begin trading on the NYSE Tuesday.
Cathie Wood’s ARK Invest Purchased Coinbase Stock on Its First Day of Trading
Ark Investment management LLC, led by widely popular portfolio manager Cathie Wood, purchased $246 million worth of Coinbase stock on April 14, the first day when the US crypto exchange was listed on Nasdaq stock market.
AdvisorShares Files for US Bitcoin Futures ETF
AdvisorShares investment manager becomes the latest firm to file an application for a Bitcoin futures ETF.
Crypto Investment Products, Funds Sees Net Outflows for 2nd Straight Week
Digital asset manager CoinShares stated that crypto investment products and funds saw net outflows for a second straight week, according to Reuters.
Acorns to Start Offering Customers Access to Bitcoin via ProShares ETF
Acorns is preparing to launch access to an ETF that enables users to own Bitcoin, without investing in the underlying asset.
BlackRock iShares Bitcoin Trust (IBIT) Sees Zero Inflows, Ending 71-Day Streak
BlackRock's iShares Bitcoin Trust (IBIT) has experienced a significant shift in investor sentiment, with zero inflows recorded for the first time since the introduction of Bitcoin ETFs in the US. This marks the end of a 71-day streak during which the ETF consistently attracted millions of dollars in daily investments. While other Bitcoin ETFs also experienced a slowdown in inflows, Fidelity Wise Origin Bitcoin Fund and ARK 21Shares Bitcoin ETF managed to secure inflows of $5.6 million and $4.2 million respectively.
Cathie Wood’s Ark Invest Purchases Twitter Shares Worth $55.34 Million
Ark Invest’s Cathie Wood is doubling down on her Twitter bet, buying more shares of the popular social media giant following Bitcoin tipping rollout on the social network platform.
ProShares To Debut First US ETF Betting on Bitcoin Plunge
ProShares is releasing a fund (ticker BITI) that is set to allow investors take short positions on Bitcoin futures.
Crypto ETP provider 21Shares' Parent Firm Raises $25m
21.co, the parent company of European ETF issuer 21Shares, has completed a $25 million financing led by Marshall Wace at a valuation of $2 billion.
Franklin Templeton Floats Metaverse ETF for EU Investors
American multinational holding company and global investment firm, Franklin Templeton has launched a metaverse-focused Exchange-Traded Product (ETP).
Block's Cash App Bitcoin Revenue Falls 7%
Jack Dorsey's Block Inc. reported a 7% reduction in Bitcoin sales in Q4, with its Cash App producing $25 million of BTC gross profit, down 25% YoY.
SEC Rejects Application for Physical Bitcoin ETF from Ark 21Shares
So far, the SEC has not approved an application for a spot Bitcoin ETF. The latest rejection involves a Bitcoin ETF filed by Ark 21Shares.
BlackRock's iShares Bitcoin Trust Soars, CEO Fink Bullish on BTC Future
BlackRock CEO Larry Fink expresses optimism for Bitcoin as the iShares Bitcoin Trust (IBIT) records historic growth with $13.5 billion inflows in 11 weeks.
CoinShares Acquires Additional Stake in Switzerland-Based FlowBank
CoinShares has further increased its strategic investment into Swiss-based online FlowBank to extend its market reach.
Would the U.S. Finally Approve Spot Bitcoin ETF in 2022?
With the US SEC approval of Bitcoin futures-based ETF in 2021, are investors right to be hopeful on an actual spot ETF this year?
SEC Postpones Ethereum ETF Decision Amid Regulatory Scrutiny
The SEC has delayed its verdict on Hashdex and Ark 21Shares' spot Ethereum ETF applications until May 2024, signaling a cautious approach to crypto ETFs.
CoinShares Acquires Valkyrie ETF Business, Expanding U.S. Footprint
CoinShares completes its strategic acquisition of Valkyrie ETF Business, enhancing its U.S. market presence and increasing global AUM.
Institutional Investment in ETH Turns Positive, with Inflows for Four Weeks in a Row
According to digital asset management firm Coinshares, inflows into Ethereum crypto investment products reached $120 million over the past week (the week ended July 15); the last time this happened was in June 2021.
ProShares to Expand Cryptocurrency Offerings with Five Innovative Bitcoin ETFs
ProShares plans to launch five innovative Bitcoin ETFs, offering leveraged and inverse exposure to Bitcoin through the Bloomberg Galaxy Bitcoin Index, marking a significant development in cryptocurrency investment vehicles.
SEC Extends Review Period for ARK 21Shares Bitcoin ETF
The SEC has postponed its decision on the ARK 21Shares Bitcoin ETF till January 10, 2024, marking another delay in the approval process. Amid broader calls for swifter approvals, the SEC's meticulous review approach underscores the regulatory cautiousness enveloping cryptocurrency-based financial offerings.
Direxion Files for Bitcoin ETF With a Deviation, to Track Shorts on BTC Futures
American financial services and ETF provider, Direxion has filed for its Bitcoin ETF product, after more than 3 years since it last filed one.
21Shares Debuts The Sandbox-Focused ETP Product
A Switzerland-based digital currency asset manager, 21Sahres, has launched a metaverse product with a focus on The Sandbox.
CoinShares Lists Chainlink, Uniswap ETPs on Germany’s Stock Market Xetra
CoinShares has launched new physically-backed exchange-traded products (ETPs) for Chainlink and Uniswap cryptocurrencies.
ProShares Bitcoin Futures ETF Wants Exemptions from Trading Limits
ProShares Bitcoin futures ETF shares could grow too fast on the CME public marketplace. The firm therefore has applied to be exempted from trading limits.
Bitcoin Plunges Over 11% Decline with $141.4M Outflow from Institutions
Bitcoin suffered its biggest decline in 10 days which has fallen by 11.19% in the past 24 hours, with the net outflow of institutions reaching a record of $141.4 million last week.
CoinShares Acquires Napoleon Asset Management, Expanding into EU Markets
The deal underscores interesting points about CoinShares. The digital asset firm has bought its rival based in France to double down on European Union expansion.
Largest Weekly Inflows in Digital Assets in Over a Year, Led by Bitcoin
In a significant shift of sentiment, digital asset investment products experienced their largest single weekly inflows since July 2022, totaling a substantial $199 million, according to CoinShares report. This surge effectively corrected almost half of the prior nine consecutive weeks of outflows, signaling renewed investor confidence in the market.
CoinShares to Launch Algorithmic Trading Platform for Retail Traders
CoinShares' new platform HAL will provide retail traders access to a range of algorithmic trading strategies for $20 per month.
MahaDAO Shares Details of Staking Program That Delivers 40% APY
MahaDAO, the crypto collateralization and valuecoin minting protocol, is to launch a staking program for its native governance token. Holders of MAHA, which was issued to the community in an Initial DEX Offering (IDO) last week, will be able to stake their assets for a 90-day period and earn a yield of close to 40%.
Machine Learning Network Fetch.ai Shares Vision of Interoperable Blockchains
Fetch.ai has a vision: to bring machine learning services to every ledger and blockchain.
South Korean Bank, KB Kookmin, Shares Blockchain Strategy
KB Kookmin, a major South Korean bank, is planning to adopt blockchain technology into its internal processes.
Largest U.S. Public Pension Fund Holds Over 100,000 Shares in Bitcoin Miner RIOT Blockchain
The largest U.S. public pension fund, CalPERS increased its stake in RIOT Blockchain (RIOT), a Bitcoin mining firm, during Bitcoin’s sensational price surge at the end of 2020.
Ripple Handed a Temporary Restraining Order Limiting XRP Sales until Investor Tetragon Has Sold Back Its Shares
After a court ruling, a temporary restraining order has been issued against Ripple limiting its XRP sales.
Tesla Stock is Down 28% Since Buying Bitcoin
Tesla's shares have been falling since the company purchase BTC. What could this mean for crypto?
Bitcoin’s Price to Rally Like Tesla Shares, BTC Could Surge Beyond Past Fundamentals
A crypto analyst compared Tesla's stock rally to Bitcoin's. What are the similarities and what's next for BTC?
Algorand's Blockchain Based COVID-19 Global Survey Shares Real-Time Public Pandemic Data
Algorand, the first pure proof-of-stake (POS) blockchain created by cryptography pioneer and Turing award winner Silvio Micali, has launched a global Coronavirus (Covid-19) survey. The company published a blog post on March 27 announcing its ‘IReportCovid’ survey app. The aim of the survey is to compile a public database to share information on the spread, status, and symptoms of the COVID-19 pandemic and give updates in “real-time.”
Google Privacy Lawsuit: Google Chrome Incognito Records and Shares Private User Data
Google is being sued in a class-action lawsuit, filed on June 2, for the invasion of privacy and sharing users' data, even when they are browsing in private mode.