The filing followed similar applications from asset managers BlackRock and Fidelity in the last 7 days to include information on surveillance-sharing agreements.
US SEC deems spot Bitcoin ETFs filings as inadequate: Report
In the eyes of the SEC, the recent filings from BlackRock, ARK Invest, Fidelity and other asset managers are not “sufficiently clear and comprehensive.”
Coinbase legal chief sends letter to SEC on RIA rulemaking
Coinbase’s chief legal officer requests revisions to SEC’s RIA custody rule to safeguard all asset classes, including cryptocurrencies, criticizing the rule for unfairly targeting crypto.
Franklin Templeton CEO: The Future of the Crypto Industry Is Regulated
At CoinDesk’s annual Consensus conference, CEO Jenny Johnson said cryptocurrencies like bitcoin were a “distraction” from the benefits of blockchain technology.
Blockchain.com suspends its asset management subsidiary launched in April: Report
The timing of opening the subsidiary was unfortunate, a spokesperson noted to Bloomberg, although the company held up to the crypto winter for quite a while.
Blockchain.com to Suspend Operations of Asset Management Arm: Bloomberg
Crypto financial services company Blockchain.com is suspending operations of its recently-launched asset management arm, citing the prolonged crypto winter as the reason for its decision, according to a Bloomberg report.
Coinbase Acquires One River Digital Asset Management
One River Digital, a subsidiary of One River Asset Management, will become Coinbase Asset Management.
Coinbase cutting ties with Silvergate forces crypto hedge fund to find a new bank
A total of five crypto companies ended their partnership with Silvergate Bank on March 2 after a series of lawsuits and investigations against the bank.
Crypto asset manager Osprey Funds lays off most of its staff: Report
Institutional demand for Bitcoin and other crypto assets has waned due to the bear market.
How blockchain technology is used in supply chain management?
Blockchain benefits the supply chain industry by enhancing the traceability, transparency and tradability of goods and services that move along the value chain.
Paradigm co-founder feels ‘deep regret’ investing in SBF and FTX
Some challenged whether the multi-billion dollar venture capital firm did enough due diligence on FTX prior to investment.
Swiss asset manager Julius Baer eyes crypto and DeFi potential
Swiss asset manager Julius Baer is set to offer cryptocurrency exposure to its high-net-worth clientele.
Galaxy Digital reports $112M Q1 loss, citing crypto price volatility
Bitcoin and altcoins declined sharply in the first quarter in a selloff that was partly triggered by a shift in central bank policy.
Sushi and Synthetix get the boot in Grayscale DeFi fund rebalancing
Crypto asset management firm Grayscale has added three new crypto assets to its funds and has kicked SushiSwap and Synthetix from its DeFi Fund following its first quarterly rebalance.
a16z-backed TrueFi launches DeFi lending market for asset managers
Ali Yahya, a general partner at Andreessen Horowitz, told Cointelegraph that TrueFi will “bring the unique advantages of DeFi to a wider and global user base.”
Bitcoin AUM falls 9.5% to record largest monthly pullback since July
The Bitcoin assets under management (AUM) market fell 9.5% to $48.7 billion in November while altcoin-based crypto funds such as Ether saw their AUM rise 5.4% to $16.6 billion.
SEC rejects VanEck’s spot Bitcoin ETF as BTC price falls below $63K
The SEC claimed any rule change in favor of approving the ETF would not be “‘designed to prevent fraudulent and manipulative acts and practices” nor “protect investors and the public interest.”
Franklin Templeton seeks experts for Bitcoin trading and crypto research
With more than $1.4 trillion in assets under management, Franklin Templeton is one of the world’s largest independent asset managers.
Wealth managers gain exposure to Bitcoin via Grayscale, according to new SEC filings
The Grayscale Bitcoin Trust, which trades under the ticker symbol GBTC, is being snatched up by institutional managers looking for more traditional exposure to digital assets.
VanEck takes new approach with SEC, files for Bitcoin Strategy ETF
SEC chair Gary Gensler recently hinted he would be more open to accepting ETFs based on crypto futures rather than through direct exposure.