BlackRock’s ETF Overtakes Grayscale, Becomes Top Global Bitcoin Fund With $20B In Assets

In a significant development for the cryptocurrency market, BlackRock’s iShares Bitcoin Trust has become the largest fund dedicated to Bitcoin, accumulating nearly $20 billion in total assets since its US listing earlier this year.

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Stanford Student-Run Fund Allocated 7% of Portfolio to Bitcoin, But There’s More To This BTC Venture

Blyth, a student-run investment fund at Stanford University, has recently allocated 7% of its portfolio to Bitcoin through BlackRock's iShares Bitcoin ETF (IBIT), marking the first time that the fund has invested in cryptocurrency.

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Billionaire Peter Thiel’s Fund Queitly Made A Monster Bet On Bitcoin, Ether Before Price Jump

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Finalists for $1 Million in Seed Funding by Samara Bitcoin Magazine PRO, Announced

Three fund managers have advanced to the final stage in competing for $1 million in seed funding for their fund to generate alpha in the bitcoin market.

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Bitcoin Insurance Company AnchorWatch Raises $3 Million to Bring Multisig Mainstream

The round was led by Ten31, with participation from Axiom BTC, Bitcoin Magazine Fund, Timechain, and Bitcoin Opportunity Fund.

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Japan’s banking giant Nomura launches Bitcoin adoption fund

Japan’s financial giant Nomura launches Bitcoin adoption fund The Bitcoin Adoption Fund is offered by Laser Digital Asset Management, a subsidiary of $500 billion Nomura. Laser Digital’s new fund offers long-only exposure to Bitcoin (BTC).

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$500 Billion Nomura's Digital Asset Subsidiary Launches Bitcoin Fund for Institutions

The Laser Digital Bitcoin Adoption Fund promises institutional investors seamless access to Bitcoin.

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Bitcoin (BTC) Endorsed by Major Investment Fund River Financial

Respectable hedge fund stepped up to advocate Bitcoin in its recent tweet, explaining why BTC is important

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MicroStrategy May Need to Fund Its Loan as Bitcoin Inches Its Liquidation Price

One of the biggest Bitcoin holders on the market is getting ready to fund its massive position

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3iQ Launches Australia’s Third Bitcoin ETF With A Unique Structure

3iQ’s fund operates as a mutual underlying fund of bitcoin holdings valued by the weighted average price of BTC without taking direct custody of any bitcoin.

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Scaramucci’s SkyBridge Starts Fund for Bitcoin Mining

A filing reveals a new fund with $7 million already booked. It was created for a second investment into bitcoin miner Genesis Digital, a source tells CoinDesk.

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‘Physical’ Bitcoin Fund Approved in Singapore

In addition to an offering that purchases actual bitcoin, Fintonia also launched a bitcoin yield fund.

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$6 Billion Soros Fund CEO: Bitcoin Is More Than An Inflation Hedge

Dawn Fitzpatrick said yesterday that bitcoin has "crossed the chasm to mainstream" and that her fund owns "some coins."

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El Salvador Approves $150M Bitcoin Fund As IMF Reiterates Concerns About The Initiative

In order to jumpstart the impending adoption of Bitcoin as legal tender in El Salvador, the nation’s Legislative Assembly has approved a $150 million fund to facilitate the development of crypto infrastructure including conversions from bitcoin to US dollars.

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El Salvador advances Bitcoin adoption with $150M fund

The fund seeks to put $23.3 million into Bitcoin ATM installations and another $30…

The post El Salvador advances Bitcoin adoption with $150M fund appeared first on Coin Journal.

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M3Sixty Files For "Risk-Managed" Bitcoin Fund, Won't Hold Bitcoin

Instead of holding BTC, the IDX Risk-Managed Bitcoin Fund will invest in futures contracts and engage in high-frequency trading.

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Record outflows from Canada’s biggest Bitcoin fund see BTC reserves drop by 50%

On-chain data shows two dramatic declines in the Bitcoin reserves held by a Canadian Bitcoin fund but there's a catch.

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Report: George Soros' Investment Fund To Start Trading Bitcoin

Soros Fund Management, led by a world famous investor, has reportedly received approval to trade bitcoin.

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Vaneck Files Prospectus With US Regulator to Launch a Bitcoin Mutual Fund

On June 21, the wealth manager Vaneck filed a prospectus to launch what it calls a Bitcoin Strategy Fund. The prospectus filed with the U. S. Securities and Exchange Commission (SEC) explains the fund will procure bitcoin exchange-traded products and futures.

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$10 Billion Hedge Fund Evaluating Bitcoin Exposure

Dmitry Balyasny's $10 billion hedge fund is mulling over a Bitcoin bet

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JP Morgan May Roll Out Its First Bitcoin Fund This Summer

CoinDesk has reported that JP Morgan giant prepared to launch its first Bitcoin fund for customers

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BGBF-I goes live as South East Asia’s first-ever insured Bitcoin fund

Malaysia-based BCMG Genesis Bitcoin Fund-I (BGBF-I) has launched as South East Asia’s first insured Bitcoin fund. A press release disclosed this news on March 8, noting that the fund aims to meet the increasing interest in the crypto space by accredited institutional and corporate investors.

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Southeast Asia Gets its First Bitcoin Fund to Address Growing Institutional Demand

The first bitcoin fund in the Southeast Asian region, the BCMG Genesis Bitcoin Fund, otherwise known as BGBF-1, recently launched to cater to accredited institutional investors.   Bitcoin Fund for Asian Institutional Investors According to a press release on Monday (Mar.

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Crypto Hedge Fund Arca is the Latest to Join the Crowd of Bitcoin Trust Issuers

Meanwhile, GBTC is getting sold off with premium tanking to -3. 77% and -5. 27% on ETHE. Still, crypto fund assets are about to cross the $50 billion mark, up 12. 5x from a year ago, that too without a US Bitcoin ETF.

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Bill Miller’s Multibillion-Dollar Hedge Fund to Add Bitcoin Exposure via GBTC

Billionaire hedge fund manager Bill Miller’s flagship fund will soon be able to add bitcoin exposure by investing in Grayscale’s bitcoin trust (GBTC), according to its filing with the U. S.

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Bill Miller’s Flagship Fund May Now Buy GBTC to Gain Bitcoin Exposure of Up to 15%

The fund noted it would not expose more than 15% of its $2.25 billion in assets to bitcoin.

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Bitwise Files for Approval to Publicly Trade Its Bitcoin Fund

The fund aims to compete with Grayscale's Bitcoin Trust and others by offering a 50 basis point lower expense ratio.

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Bitcoin Price Should Go Up, Says Scaramucci As Skybridge Capital Launches Bitcoin Fund

SkyBridge Capital, the global investment firm headed by Anthony Scaramucci, the former white house communications director is making rounds for the launch of its new Bitcoin fund, which has already reportedly raked in $310 million exposure to Bitcoin, as noted by the company in a press release.

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Publicly-Traded GreenPro Capital Set to Launch $100 Million Bitcoin Fund

With Bitcoin breaking all-time highs and continuing to attract investors with deeper pockets, crypto-based funds are coming online to manage some of this new demand. Recently, $9 billion fund SkyBridge Capital, run by ex-White House Communications Director Anthony Scaramucci, announced its foray into Bitcoin.

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Mike Novogratz’s Galaxy Digital to Launch Bitcoin Fund in Canada

Galaxy Digital, the crypto investment management firm founded by bitcoin bull Mike Novogratz, has revealed plans to launch a bitcoin fund in Canada. In a statement published Nov. 16, Galaxy Digital said it has partnered with major Canadian fund manager CI Global Asset Management for the launch.

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Bitcoin Will Likely Grow 15-20x in Next 15 Months: Fund Manager

Bitcoin has every possibility to grow its market size by 15-20 times within the next 15 months, according to Anthony Pompliano of New York-based hedge fund Morgan Creek Digital. The founder said in a note to investors that they should put 1-10 percent of their investable capital into Bitcoin.

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Fidelity Unveils Institutional-Grade Bitcoin Fund

Wall Street giant Fidelity Investments is all set to launch its first Bitcoin (BTC) fund. Riding the Bitcoin Bull Amid the overall bullish momentum of the cryptocurrency market, Boston-based asset manager Fidelity Investments has filed for a Bitcoin fund with the US Securities and Exchange Commission (SEC).

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Fidelity’s Chief Strategist Starts Bitcoin Index Fund

The fund is the latest example of Wall Street veterans cozying up to bitcoin in their rhetoric and capital allocations.

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Pantera Bitcoin Fund Clients, Including Institutional & HNWI Investors, Are HODLers

The blockchain investment fund, Pantera Capital, has completed its seven months, and its Bitcoin fund has generated a lifetime return of 15,140% net fees and expenses, “outperforming bitcoin over the same period.

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Fund strategists: The internet’s craziest traders will bring volatility back to Bitcoin

Bitcoin, and the cryptocurrency market, has largely traded in a tight price band since an initial rise in early-2020.   Fund managers have taken note and are actively considering BTC as a hedge against global markets.

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Fund Manager: If Black Thursday Didn’t Shake Out Bitcoin Holders, Nothing Will

Markets are still reeling from the impact of the pandemic and the resulting Black Thursday selloff. However, one fund manager says the powerful shakeout demonstrated the strong will of Bitcoin investors.

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U.S.: Wilshere Phoenix Files For Tradeable Bitcoin Fund

Leading alternative investment banking, deal structuring, and securities firm Wilshire Phoenix on June 12, filed with the U. S. Securities and Exchange Commission (SEC) for a tradeable Bitcoin (BTC) fund.

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One of Bitcoin’s Earliest Miners Is Dedicating $66M in Crypto to a Fund of Funds

Bixin, one of the earliest bitcoin miner operators and wallet startups, is dedicating 6600 bitcoin, worth $66 million, to a new fund of funds.

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Blockforce Capital’s Crypto Fund Captures 86% of Bitcoin’s Upside in 2020

The fund has been able to keep more of bitcoin’s gains by reducing the complexity of its models.

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Fed-Induced ‘Deflation Crisis’ Will Cause Bitcoin to Soar: Hedge Fund Manager

Expansion of the Fed’s balance sheet will lead to low or negative yields. Investors will seek assets that are scarce, like bitcoin. The post Fed-Induced ‘Deflation Crisis’ Will Cause Bitcoin to Soar: Hedge Fund Manager appeared first on CCN.com

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$50 Billion Asset Manager Makes ‘The Investment Case for Bitcoin’

The future is looking bright for Bitcoin, according to ETF and mutual fund manager VanEck. The firm many believe in the best position to first launch a BTC exchange-traded fund explains its positive outlook for the leading cryptocurrency in a new report.

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Roger Ver’s Bitcoin.com Mining Pool Pulls Out Of Bitcoin Cash Tax For Development Fund

Bitcoin. com, a mining pool associated with Roger Ver, has announced it has withdrawn its support for the proposed BCH development fund which has been controversial among BCH miners due to insufficient consultation in the community.

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Australia’s Financial Watchdog Grants Raiz Micro-Investing App Users Access To Bitcoin Fund

Australian Securities and Investment Commission (ASIC), the nation’s financial industry watchdog has approved the launching of a Bitcoin fund that will be operated by a microfinance firm known as Raiz.

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Australian Regulator Gives Green Light to App-Based Retail Bitcoin Fund

The bitcoin fund is being launched by micro-investment app provider Raiz Invest Australia.

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Bitcoin Fund Now Allows 300k Australians to Invest in BTC

Australia’s financial regulator has given its approval nod to fintech startup Raiz to offer its Bitcoin investment retail fund. The news marks a watershed moment for the Australian crypto space with regulators previously keen on strict oversight of the industry.

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U.S. SEC Gives Consent to Bitcoin Futures Fund

Coinspeaker U.S. SEC Gives Consent to Bitcoin Futures Fund The U.S. SEC has provided approval for NYDIG Bitcoin Strategy Fund, an investment fund aimed at investing in Bitcoin futures contracts. U.S. SEC Gives Consent to Bitcoin Futures Fund

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Bitcoin ETF chances jump after SEC green lights futures-based fund; here’s why

For years, crypto financial services firms across the U. S. have been trying their hand at issuing publicly-traded Bitcoin funds (ETFs). Unfortunately for these hopefuls, the U. S. Securities and Exchange Commission (SEC) has long not agreed with these firms’ assertions that the Bitcoin market is ready for its own regulated, tradable fund.

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Canada: Digital Asset Firm Files Prospectus for Bitcoin (BTC) Fund IPO

In a press release issued on November 28, 2019, Canadian fund management firm 3iQ announced that it had filed and been receipted on its preliminary prospectus for The Bitcoin Fund. Bitcoin Fund IPO on the Cusp The governmental and regulatory acceptance of digital currencies seems to be witnessing a steady surge as 3iQ Corp.

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Canadian Investment Firm 3iQ Files Prospectus for Bitcoin Fund

Canadian investment firm 3iQ filed a prospectus for its publicly-traded Bitcoin fund

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