Fidelity’s Ethereum ETF Faces Regulatory Hurdle as SEC Extends Decision WindowFidelity Investments’ plans to launch a spot Ethereum exchange-traded fund (ETF) have hit a snag as the U.S. Securities and Exchange Commission (SEC) has extended its decision window. The proposed Wise Origin Ethereum Trust would enable investors to track the performance of Ether, the second-largest […]
Trillion-Dollar Asset Manager Franklin Templeton Praises Solana Network, Fuels Speculation of Potential Solana ETFFranklin Templeton, a leading asset management firm, has recently expressed admiration for the Solana network, sparking speculation about the possibility of a Solana exchange-traded fund (ETF) in the future. In a social media post on January 16, Franklin Templeton’s digital asset team […]
CANTOR CEO CONFIRMS TETHER HOLDS $86B IN RESERVE TO BACK ITS STABLECOIN USDTThe CEO of Cantor, Howard Lutnick, has confirmed that Tether, the popular stablecoin, holds a staggering $86 billion in reserve to back its USDT stablecoin. Lutnick made this revelation during an interview with Bloomberg at the World Economic Forum in Davos on January […]
BlackRock Plans to Launch Ethereum ETF Following Bitcoin ETFBlackRock, the world’s largest asset manager, is reportedly considering the launch of an Ethereum exchange-traded fund (ETF) following its recent interest in a Bitcoin ETF. While BlackRock CEO Larry Fink has expressed enthusiasm for an Ethereum ETF, there are potential challenges in marketing and selling this product.The […]
BlackRock Considers Launching Ethereum ETF, but Faces Marketing ChallengesBlackRock, the world’s largest asset manager, is reportedly considering the launch of an Ethereum exchange-traded fund (ETF) following its recent success with a Bitcoin ETF. However, marketing this new product may not be as straightforward as it seems.Larry Fink, the CEO of BlackRock, has been vocal about […]
Spot Bitcoin ETFs Approved by SEC in the United StatesAfter more than a decade of waiting, the crypto industry has finally achieved a significant milestone with the approval of spot Bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). The SEC approved applications from various companies, including ARK 21Shares, Invesco Galaxy, VanEck, […]
Bitfinex Foils Attempted Exploit of XRP Ledger FeatureAn unknown individual recently made an unsuccessful attempt to exploit a feature of the XRP Ledger at Bitfinex, one of the leading cryptocurrency exchanges. The attacker sought to move billions of dollars worth of XRP, but Bitfinex’s effective security measures prevented the attack from succeeding.Concerns Over Significant Transfer […]
iAccess Partners and Investas Partner to Facilitate Access to Private Market InvestmentsiAccess Partners, a Swiss fintech company, has entered into a partnership with investment advisory firm Investas to enhance customer access to the private market through a digital platform. The collaboration aims to provide a simplified and streamlined process for investing in private market funds.Empowering […]
Five Credit Suisse Fund Managers Depart for Lombard Odier Investment ManagersIn a surprising move, five fund managers from Credit Suisse have left the UBS subsidiary to launch a new product on the alternative platform of Lombard Odier Investment Managers. The new fund, which combines discretionary and systematic strategies, is set to be launched in the […]
Russian oligarch Roman Abramovich has reportedly invested $63 million in a series of European startups through his association with London-based venture firm Target Global. This information was revealed in a collection of documents reviewed by Forbes. The venture capital fund, which has raised over $3.2 billion of capital and backed at least 15 European tech […]
