Institutional investment

Blackrock Bitcoin ETF Attracts 414 Institutional Holders — Analyst Says IBIT ‘Blows Away Record’

May 19, 2024

Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), has amassed 414 insitutional holders in less than three months, according to filings with the U.S. Securities and Exchange Commission (SEC). A senior Bloomberg analyst described this achievement as “mind-boggling” and “highly rare” for new ETFs. Other recently launched ETFs have significantly fewer institutional…
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Fidelity to beef up crypto unit by another 25% with 100 new hires

October 24, 2022

The Digital Assets division within Fidelity Investments will have around 500 total staff members by the first quarter of 2023, according to a spokesperson. $4.5 trillion asset management firm Fidelity Investments is reportedly set to hire another 100 people to bolster the firm’s growing digital assets division — a stark contrast to the recent squeezing…
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Institutional investors headed for a tipping point on crypto — Apollo Capital

September 14, 2022

Apollo Capital CIO Henrik Andersson said there will come a point when not investing in crypto will be a “career risk.” Henrik Andersson, CIO of crypto asset fund manager Apollo Capital believes institutions may soon “flip” on their conservative stance towards crypto. Speaking to Cointelegraph, the Melbourne-based crypto fund manager said that while institutional interest…
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Institutional crypto funds see largest capital inflows for 3 months

March 29, 2022

The data from CoinShares shows a weekly inflow of $193 million, with more than half of that figure going to Bitcoin alone. Solana is also getting attention and broke a record in the process. CoinShares data revealed on Tuesday that institutional investments into cryptocurrencies are at the highest levels in three months, a sharp rise…
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Bitcoin’s 30% recovery in two weeks has BTC whales back in accumulation mode

February 11, 2022

The number of Bitcoin addresses holding at least 1,000 BTC has risen in recent weeks. Bitcoin (BTC) addresses holding at least 1,000 BTC, the so-called whales, have started accumulating more tokens during the recent market recovery. As of Feb. 10, the total supply in these addresses was 8.096 million BTC versus 7.95 million on Jan.…
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Bitcoin has risen 7% to 36% in the first week of January each year since 2018

December 31, 2021

Some analysts are expecting big things for Bitcoin in the near future when all the institutional selling has completed and capital gets deployed to the market. Some crypto market analysts are highlighting the potential for a green first week on the crypto markets in January as part of what economist and trader Alex Krüger calls…
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S&P Global Ratings Study Predicts Crypto and Decentralized Finance Will Continue to Grow in 2022.

December 29, 2021

S&P Global, an intelligence and data company, suggests that crypto and decentralized finance trends will continue to gather steam in 2022. In its latest report, the company examines the current state of the market and notes that, while there are still serious problems that could hinder adoption, the sector will keep growing by complementing traditional…
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Skybridge Capital’s Scaramucci on Crypto Boom: ‘The Institutions Are Not There’

September 28, 2021

Anthony Scaramucci, CEO of Skybridge Capital, a multi-asset class investment firm, says he thinks the institutional investment boom in cryptocurrencies has been greatly exaggerated. In an interview given to Bloomberg last week, Scaramucci stated that most institutions are still not interested in cryptocurrency as an investment and that only 10% are actively investing in crypto.…
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BlackRock, Vanguard, Indirectly Hold Bitcoin Via MicroStrategy Investment

August 14, 2020

$89 billion dollar investment giant BlackRock now indirectly holds Bitcoin after MicroStrategy purchased 21,454 Bitcoin this week. Earlier this week Bitcoin (BTC) bulls and crypto investors were thrilled by the news that MicroStrategy, a Nasdaq-listed business intelligence company worth $1.2 billion, had formally adopted Bitcoin as its primary reserve asset by purchasing 21,454 BTC ($250…
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Binance to Launch UK Trading Platform for Institutional and Retail Investors

June 17, 2020

Binance will launch a new digital asset trading platform in 2020 in the United Kingdom to serve its increasing institutional clientele. Leading cryptocurrency exchange Binance will be expanding to the United Kingdom with a regulated crypto trading platform for both institutional and retail investors. With this platform, Binance aims to tap the institutional investment market…
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Tag: Institutional investment