Hong Kong Bitcoin ETFs Hit HK$2B, Led by OSL
For Hong Kong to effectively compete globally, it must attract larger inflows and increase engagement from retail and institutional investors. Hong Kong’s growing cryptocurrency investment scene has hit a notable milestone, with the total asset management scale of the city’s Bitcoin exchange-traded funds (ETFs) now exceeding HK$2 billion ($256 million). This milestone highlights the increasing […]
Galaxy Digital Buys $82 Million in Bitcoin
Galaxy Digital has recently increased its Bitcoin holdings, indicating a strong confidence in the future trajectory of Bitcoin values. Through the purchase of 380 Bitcoins today and a further 600 Bitcoins on August 20th, Galaxy Digital has once again boosted the amount of Bitcoins it possesses. Additionally, Arkham Intelligence reports that Galaxy Digital’s wallet address […]
Morgan Stanley Discloses Grayscale and Ark Bitcoin ETF Holdings in Latest SEC Filing
In the most recent US SEC filing, Morgan Stanley discloses its initial holdings in Ark Bitcoin ETFs (ARKB) and Grayscale Bitcoin Trust (GBTC). Morgan Stanley has unveiled its initial investments in Grayscale Bitcoin ETF (GBTC) and ARK 21Shares Bitcoin ETF (ARKB). These disclosures follow the investment bank’s recent announcement of substantial holdings in BlackRock iShares […]
Franklin Templeton Moves For Bitcoin, Ether Crypto Index ETF
Franklin Templeton plans to introduce a Crypto Index ETF that will initially invest in Bitcoin and Ethereum to solidify its market position further. American financial asset manager Franklin Templeton has applied to the United States Securities and Exchange Commission (SEC) to establish a Crypto Index ETF. Bitcoin and Ethereum, the two products it presently manages […]
First leveraged MicroStrategy ETF Debuts in US
The ETF might provide more leveraged exposure to Bitcoin, particularly for institutional investors trying to diversify their holdings. The first Bitcoin-related leveraged exchange-traded fund (ETF) has launched in the United States, marking a significant milestone in institutional cryptocurrency adoption. The new leveraged MicroStrategy ETF, MSTX, aims to provide 175% long daily exposure to MicroStrategy. Sylvia […]