In the first week of September, an outflow of $59 million worth of digital assets managed by Digital Asset Funds was recorded, the latest Coinshares data has shown. The latest outflow means the value of digital asset investment products under management has dropped by a total of $294 million or 0.9% in the past four…
Read more
Crypto-focused investment firm 10T Holdings is launching a new digital-asset startup investment fund seeking to raise $200 million from investors. The new venture, dubbed TenSquared Capital, or 10SQ, aims to back digital asset startups at various stages of growth, Bloomberg reported, citing people familiar with the matter. The firm already has two investments planned, including one…
Read more
Hong Kong-based digital asset firm HashKey Group has enhanced its Over-the-Counter (OTC) trading business and launched a new wealth management business line amid increasing investor demand. In a Friday blog post, the company unveiled HashKey Wealth, a new wealth management platform geared toward family offices, institutions, and other professional investors. … Read More: Digital Asset Firm HashKey…
Read more
Digital asset investment funds saw $32 million in net outflows last week amid a flurry of aggressive regulatory actions from U.S. authorities. According to a recent report by CoinShares, the $32 million in outflows marks the largest withdrawal from crypto funds since late December 2022. It is worth noting that the outflows reached a record…
Read more
Bitcoin-tied investment funds saw $116 million in inflows last week as the flagship cryptocurrency has managed to hold gains and stay firm so far this year. According to a Monday report by digital investment company CoinShares, digital asset investment products saw $117 million in inflows last week, with Bitcoin accounting for $116 million of that…
Read more
