This Is The ‘Strangest’ Crypto Sell-Off Ever, Claims Arca CIO
Arca CIO Jeff Dorman calls the current market slide “one of the strangest crypto sell-offs ever,” arguing that price action is increasingly disconnected from both macro conditions and sector fundamentals. Why The Crypto Sell-Off Is “Strange” In a post on X, Dorman notes that traditional risk assets are behaving exactly as textbooks would suggest: “equity, credit and gold/silver markets are launching to ATHs every month because the Fed is cutting rates, QT is ending, consumer spending is strong, record earnings, AI demand still incredibly strong.” Yet crypto continues to grind....
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Another firm is joining the bitcoin trust sector, as the California fund manager Arca has filed a registration with the U.S. Securities and Exchange Commission (SEC) for its Arca Accredited Investor Bitcoin Trust. The trust will compete with a number of competitors including Grayscale’s popular bitcoin investment vehicle GBTC. Arca Files With the US SEC to List Its Accredited Investor Bitcoin Trust The finance manager Arca has filed a Form D registration with the U.S. SEC in order to provide investors with a new bitcoin trust offering. The fund will be called the “Arca....
Asset management firm Arca has announced Wednesday the closure of a $10 million Series A round of funding led by RRE Ventures. Read more: Arca Labs Launches Ethereum-Based SEC-Registered Fund
The bridge financing fund becomes the first U.K.-based company to establish such a partnership with a U.S. platform. Whitehall Capital, a London-based loan provider, struck a deal with American digital asset securities marketplace Securitize to enable its investors to hold their units as blockchain tokens.According to a Monday announcement, Whitehall investors will be able to use, buy and sell units in the Whitehall fund via the Securitize platform. After registering on Securitize, an investor will see their assets as a number of tokenized units, with the performance markers, investment....
Recent transactions by Arca, a prominent investment firm, involving Arbitrum native token ARB, have again put them under the spotlight. According to on-chain tracking platform Lookonchain, the firm has suffered a substantial loss nearing half a million recently. Arca’s Arbitrum Shipment to Binance Lookonchain reported earlier today that Arca transferred roughly 1.49 million ARB tokens to Binance. With a value of around $1.21 million, this transaction indicates a possible liquidation of Arca’s holdings in Arbitrum (ARB). Related Reading: Arbitrum: What’s In Store For ARB Token....
The world’s most recognized memecoin is set to come under the ETF umbrella, NYSE Arca has officially filed a 19b-4 request with the US Securities and Exchange Commission (SEC) seeking permission to list and trade the Bitwise Dogecoin ETF. If approved, the product would represent one of the first US-listed Dogecoin-focused exchange-traded funds, offering regulated […]