Bitwise’s Ethereum ETF Filing cites Pantera’s $100M Interest
Bitwise has revealed that Pantera is interested in buying its upcoming spot Ether ETF, with flexible investment options. The spot Ether ETH exchange-traded fund (ETF) Form S-1 registration statement of asset management firm Bitwise was revised to reflect a prospective $100 million investment in the ETF upon its trading launch. Pantera Capital Management, an investment […]
Meta Announces Layoffs Amid Reality Labs Restructuring
Meta, the parent company of Facebook, has reportedly announced layoff’s as part of its Reality Labs restructuring plans. Meta, the parent company of Facebook, has announced a substantial restructuring of its Reality Labs division. The division will be divided into two distinct groups: Metaverse and Wearables. It is important to note that this action is […]
Crypto Firms Eye Custody Market as Institutional Adoption Grows
To satisfy the need for digital asset storage by institutions, Fireblocks and Taurus crypto firms are expanding their service offerings. The integration of conventional financial products with cryptocurrencies is propelling North American crypto firms to focus on storing digital assets for institutional clients. Two of the most recent infrastructure providers seeking to expand their custodial […]
Goldman Sachs Hedge Fund Clients opt For Crypto Options
As Bitcoin ETF surges, Goldman Sachs has observed an increase in the number of hedge fund clients adopting crypto options. The renewed interest of hedge fund clients of the American banking behemoth Goldman Sachs in cryptocurrency options is strikingly parallel with the product’s adoption by retail traders. Since the beginning of the year, the interest […]
Hut 8 Stock Crash Draws Multiple Lawsuits
A number of law firms have offered to represent Hut 8 investors who recently incurred losses on the Nasdaq amid short-selling accusations. The share prices of Hut 8, a Bitcoin mining company, dropped 23% on January 19, from $7.12 to $2.16, following the publication of an unverified allegation by J Capital that claimed insiders were […]