Tags : Fund

Bitcoin

Evolve Fund Files for Ethereum ETF after Bitcoin Approval in

Just weeks after opening a Bitcoin (BTC) exchange-traded fund, Evolve Fund has opted to file for a similar ETF product based on Ethereum (ETH). With $1.7 billion assets under management, Evolve is a Canadian-based ETF provider that specializes in “bringing disruptive innovation ETFs to Canadian investors.”  Just a month prior, Evolve Funds scored an approval […]Read More

Cryptocurrency

Major Dubai crypto fund to sell $750M worth of BTC

FD7 Ventures, a Dubai-based crypto investment fund with $1 billion under management, has announced plans to sell off $750 million worth of their Bitcoin holdings in the next month. The proceeds from the sell-off will be used to purchase Cardano and Polkadot, as the fund’s managing director says he believes ADA, DOT, and ETH will […]Read More

Bitcoin

Fund manager outlines 4 silver lining to recent Bitcoin sell-off

The price of Bitcoin steeply pulled back yesterday, on February 23. Following the major 17% correction, investors and fund managers remain generally optimistic. What’s behind the optimism towards Bitcoin? Typically, after such a large sell-off, the market sentiment often dwindles. However, in the case of Bitcoin in the last 24 hours, the market sentiment has […]Read More

Market

Bitwise Launches DeFi Crypto Index Fund

Bitwise Asset Management on Wednesday launched a decentralized finance (DeFi) index fund, hoping to capture deep-pocketed investors’ bets on the corner of the crypto markets challenging traditional financial rails. At launch, the fund’s top holdings include tokens backing an Ethereum-based lending protocol and a decentralized exchange – AAVE, and UNI – which each carry an […]Read More

Bitcoin

Jack Dorsey and Jay-Z to collaborate on Bitcoin development fund

Twitter boss Jack Dorsey and rapper Shawn Carter, also known as Jay-Z, are funding a Bitcoin trust. Both will pool together 500 BTC, approximately $24 million, to make this happen. ₿trust will operate as a blind irrevocable trust and will focus on Bitcoin development initially in Africa and India. Dorsey has opened applications for three […]Read More

Bitcoin

This crypto hedge fund has grown its AUM by 400%

CryptoSlate obtained an update on Strix Leviathan, a Seattle-based crypto hedge fund, The team has been in business since 2018 and exclusively trades the crypto markets using proprietary trading tools and algorithms. Strix Leviathan’s Fund, which operates a systematic investment approach by taking long and short directional positions in the cryptocurrency markets. The Fund’s system […]Read More

Blockchain

Bitcoin Developer Fund Brink Is Granted Tax-Exempt Status

Donations to the Brink open-source development fund are now tax exempt for U.S. donors. Founded and directed by Bitcoin Core contributor John Newbery, Brink provides grants to Bitcoin developers who work on its open-source tech stack. Now, it has secured 501(c)(3) status from the Internal Revenue Service, meaning any U.S. taxpayer donating to the fund […]Read More

Bitcoin

Crypto fund which says Craig Wright is Satoshi gives update

One fund says all evidence points to Craig Wright being the creator of Bitcoin. He is, in turn, suing payments giant Square and other influential Bitcoin and Bitcoin Cash businesses. BSV fund says fair game In a document shared with CryptoSlate today, crypto fund Unbounded Capital provided details on the ongoing legal battle between alleged […]Read More

Blockchain

$10M Fund From Cosmos-Based Terra Will Gladly Back DeFi Projects

The creators of the Tendermint-based Terra suite of stablecoins are opening a fund to foster its tokens’ usage anywhere people are doing decentralized finance (DeFi) – and that primarily means Ethereum. Announced Thursday, Terraform Labs has launched a $10 million fund, Terraform Capital, to drive integrations of either its dollar-pegged stablecoin, TerraUSD (UST), or its […]Read More