US ETF Assets Record $10 Trillion From Crypto Outflows
According to data from Bloomberg Intelligence and fund researcher Morningstar, the total assets of US ETF surpassed $10 trillion for the first time on Sept. 27. This increase was largely due to over $20 billion in inflows into cryptocurrency ETFs in 2024. According to Bloomberg , investors have invested approximately $691 billion in US ETFs […]
Bitcoin ETF Launch Clocks One Month, Trading Volume Soars
According to a Bloomberg report, the Bitcoin ETF launch has been deemed “successful” seeing it has attracted considerable interest, witnessed a gradual stabilization of inflows and trading volume has reportedly surpassed milestones. The election to approve Bitcoin ETFs was a watershed moment in the history of digital assets. Since their inception, Bitcoin ETFs. The trading […]
CFTC Reportedly Set to Sue Celsius and Mashinsky
The CFTC has reportedly found evidence that the crypto lender and its former CEO violated its rules by deceiving customers about the risks and returns of its products. According to a Bloomberg report , citing sources familiar with the matter, the Commodity Futures Trading Commission (CFTC) has concluded that Celsius Network and its former CEO, […]
Man Group To launch Crypto Hedge Fund
London-based investment manager Man Group Plc is preparing to launch a cryptocurrency hedge fund and digital assets. According to a November 18 Bloomberg article, Man Group is getting ready to introduce its cryptocurrency-focused hedge fund through its computer-driven trading subsidiary AHL. Bloomberg stated that the new hedge fund might be prepared by the end of […]
Sam Bankman-Fried $16 billion net worth drops to nothing
Sam Bankman-Fried $16 billion net worth has now been reported by Bloomberg’s Billionaire Index to be $0 following the collapse of FTX. The CEO of FTX. Sam Bankman-Fried, is suffering as a result of what is arguably the most devastating collapse in the history of the cryptocurrency industry. The former crypto tycoon’s entire fortune has […]