Crypto Funds Could Manage as Much as $650B Within 5 Years, Bernstein Says
The crypto industry is expected to transition into a formal, regulated asset management industry from a ‘cottage industry’ with $50 billion of assets, the report…
Tag: BlackRock
Franklin Templeton Latest Wall Street Giant to File for Bitcoin ETF
Franklin Templeton is the latest high-profile fund manager hoping to get a spot Bitcoin ETF approved by the SEC. Asset manager Franklin Templeton is the…
BlackRock’s Bitcoin ETF Application Takes Surveillance to the Next Level
An Information-Sharing Agreement, which appears to be absent from public spot Bitcoin ETF filings, compels a crypto exchange to share trading data up to and…
Fidelity rumored to make “seismic” crypto move soon
Rumors are Fidelity will buy out Grayscale or file a spot Bitcoin ETF application, as BlackRock did last week. Fidelity is rumored to be planning…
Invesco Reapplies for Bitcoin ETF, Advocates for More Crypto Investment Products
Invesco first filed for a Bitcoin ETF in the fall of 2021, but has since re-applied in light of BlackRock’s application. Investment management company Invesco…
GBTC Share Price Soars, Discount Narrows to Multi-Month Low on BlackRock ETF Filing Optimism
Investors turned optimistic about Grayscale allowing redemptions in the future after BlackRock’s filing for spot bitcoin ETF last week, one analyst said. Grayscale Bitcoin Trust’s…
Fund Management Giant State Street Increases Stake in Silvergate to 9.3%
Silvergate is up nearly 40% on Thursday alongside a sizable rally in crypto-related stocks. State Street disclosed a 9.3% stake in troubled crypto lender Silvergate…
Nasdaq Starts Crypto Custody Service for Institutional Clients
The exchange said it is open to working with crypto-native firms. Nasdaq (NDAQ), the second-largest U.S. stock market operator, is starting a cryptocurrency custody service…
BlackRock launches private trust offering direct bitcoin exposure
Investment manager BlackRock has launched a private trust offering US-based institutional clients exposure to spot bitcoin. The trust will be available to US-based institutional clients…
Coinbase, BlackRock ink crypto trading partnership targeting institutional clients
(Reuters) – Cryptocurrency exchange Coinbase Global Inc said on Thursday it has partnered with BlackRock, the world’s largest asset manager, to provide institutional clients with…