BNB Chain Ecosystem Sees Major Institutional Week With US ETF Debut, Asset Ma...
As financial institutions continue to bet on the crypto industry, the BNB Chain ecosystem saw major developments last week, with the launch of the first US Spot Exchange-traded Fund (ETF) and its inclusion among the top networks to benefit from upcoming regulatory clarity. Related Reading: Japan’s LDP Calls For Crypto ETF Framework, Yen Stablecoin Push […]
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The House of Lords, the upper chamber of the UK parliament, has urged financial regulators to reconsider some of their controversial stablecoin proposals, warning that the country risks falling behind global leaders if regulation is not done right. Related Reading: BNB Chain Ecosystem Sees Major Institutional Week With US ETF Debut, Asset Manager Bet House […]
Institutional investor interest in bitcoin has mainly been fluctuating in the last month. As the market has gone through the different phases of bull and bear market, so have the sentiment of investors gone through positive and negative. For the past week, though, it seems the latter had eventually won through as outflows had rocked bitcoin, even at a time when the digital asset had done a relatively good job of holding above $20,000. Bitcoin Sees $21 Million In Outflows The most recent report from CoinShares regarding the investments of institutional investors shows a unique perspective....
Bitcoin investment inflows from institutional investors came to a halt for the past four months. But a recent report from CoinShares has shown that the space has started to come out of this rut. Outflows had dominated the space as bitcoin’s price started to climb back up. Last week recorded the first major change in […]
Despite the ongoing bearish condition of the broader cryptocurrency market, Solana is demonstrating underlying strength, but not in price action. A few months after their historic debut, the Solana Spot Exchange-Traded Funds (ETFs) have reached a notable milestone, reflecting robust institutional and retail demand for the products. Months After Launch, Solana Spot ETFs See Major […]
Crypto exchange Coinbase released its Q1 2021 figures last week, earning the company many plaudits. The key headline was its $1.8bn revenue for the quarter. But the figures also revealed an uptick in both retail and institutional growth. Coinbase Goes Mainstream Coinbase is expected to debut on the Nasdaq, via a direct listing, on April […]