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The Scoop: Crypto credit goes conservative

The crypto lending sector is recovering from the cascade of bankruptcies in 2022, but firms are approaching it conservatively. This column is adapted from The Scoop newsletter.

theblock.co • 23/08/2024 - 19:32 PM

INVESTMENT FIRMS

Grayscale unveils investment trust for Avalanche’s AVAX token

Grayscale Investments launched the Grayscale Avalanche Trust to offer accredited investors exposure to AVAX, expanding its diverse portfolio of cryptocurrency investment products.

theblock.co • 22/08/2024 - 13:00 PM

INVESTMENT FIRMS

Japan’s Metaplanet buys $3.4 million more in bitcoin to total 360 BTC

Metaplanet Inc. purchases an additional 57.273 bitcoin, bringing total holdings to 360.368 BTC as part of a strategy to counter economic pressures in Japan.

theblock.co • 20/08/2024 - 02:10 AM

Increased spot bitcoin ETF inflows from institutional investors is a 'promising' indicator: Coinbase

Coinbase's report indicates rising institutional interest in bitcoin ETFs, with significant inflows from investment advisors, suggesting a growing adoption of bitcoin as an investment.

theblock.co • 16/08/2024 - 16:42 PM

Here's how hedge funds played spot Bitcoin ETFs in Q2

Institutional investment managers file 13F reports quarterly, revealing stock holdings and recent significant investments in Bitcoin ETFs by major hedge funds amidst market fluctuations.

theblock.co • 16/08/2024 - 14:53 PM

INVESTMENT FIRMS

South Korea’s national pension fund bought $33.7 million worth of MicroStrategy shares in Q2

South Korea's NPS invested $33.7 million in MicroStrategy shares to increase bitcoin exposure, following previous investments in Coinbase, highlighting trends in bitcoin-related investments.

theblock.co • 16/08/2024 - 07:05 AM

Morgan Stanley reveals $187 million position in BlackRock's spot Bitcoin ETF, nearly sells out of GBTC in Q2

Morgan Stanley's recent SEC filing revealed significant investments in Bitcoin ETFs, including over 5.5 million shares in BlackRock's fund, totaling around $190 million in holdings.

theblock.co • 15/08/2024 - 00:37 AM

Fidelity Head of Digital Asset Management says stablecoins, tokenized Treasurys and onchain credit are areas they are exploring

Cynthia Lo Bessette of Fidelity discusses the demand for cryptocurrency ETFs, potential Ethereum staking, and the focus on tokenization, particularly in stablecoins and Treasury products.

theblock.co • 14/08/2024 - 20:11 PM

DRW discloses nearly $200 million worth of crypto ETF holdings, led by ETHE

DRW Holdings has disclosed over $195 million in crypto ETFs, marking its first significant exposure to Ethereum, indicating growing institutional interest in the cryptocurrency market.

theblock.co • 13/08/2024 - 21:11 PM

Japan’s Metaplanet buys $3.3 million more in bitcoin, raising holdings to 303 BTC

Metaplanet Inc. buys 57.1 bitcoin for $3.3 million, boosting total holdings to 303.095 bitcoin amid a strong market outlook despite a drop in stock price.

theblock.co • 13/08/2024 - 09:16 AM

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