The 132-year-old Swiss asset management firm, Julius Baer, intends to offer exposure to cryptocurrencies and decentralized finance (DeFi) for its high net-worth clients. The firm’s CEO Philipp Rickenbacher confirmed the
Category: Asset Management
Galaxy Digital reports $112M Q1 loss, citing crypto price volatilityGalaxy Digital reports $112M Q1 loss, citing crypto price volatility
Cryptocurrency investment manager Galaxy Digital Holdings reported a sharp loss in the first quarter due to unrealized losses in its digital asset portfolio, underscoring heightened volatility in the digital asset
Sushi and Synthetix get the boot in Grayscale DeFi fund rebalancingSushi and Synthetix get the boot in Grayscale DeFi fund rebalancing
Digital asset management firm Grayscale, has added three new cryptocurrency assets across three main investment funds, while removing two other assets from its Decentralized Finance Fund as part of this
a16z-backed TrueFi launches DeFi lending market for asset managersa16z-backed TrueFi launches DeFi lending market for asset managers
Stablecoin operator TrustToken has launched a new lending marketplace that allows asset managers to create their own decentralized finance products, potentially opening the door to wider mainstream adoption of DeFi
SEC rejects VanEck’s spot Bitcoin ETF as BTC price falls below $63KSEC rejects VanEck’s spot Bitcoin ETF as BTC price falls below $63K
The SEC said any rule change in favor of approving the ETF would not be “‘designed to prevent fraudulent and manipulative acts and practices” nor “protect investors and the public
Franklin Templeton seeks experts for Bitcoin trading and crypto researchFranklin Templeton seeks experts for Bitcoin trading and crypto research
With more than $1.4 trillion in assets under management, Franklin Templeton is one of the world’s largest independent asset managers.
Wealth managers gain exposure to Bitcoin via Grayscale, according to new SEC filingsWealth managers gain exposure to Bitcoin via Grayscale, according to new SEC filings
The Grayscale Bitcoin Trust, which trades under the ticker symbol GBTC, is being snatched up by institutional managers looking for more traditional exposure to digital assets.
VanEck takes new approach with SEC, files for Bitcoin Strategy ETFVanEck takes new approach with SEC, files for Bitcoin Strategy ETF
SEC chair Gary Gensler recently hinted he would be more open to accepting ETFs based on crypto futures rather than through direct exposure.
GoldenTree Asset Management is reportedly investing in BitcoinGoldenTree Asset Management is reportedly investing in Bitcoin
At least three executives at the $45 billion firm have participated in a funding round for the blockchain-focused VC group Borderless Capital.
Weekly roundup: Ark Invest, Edge Wealth Management, and Rothschild Investment accumulate cryptoWeekly roundup: Ark Invest, Edge Wealth Management, and Rothschild Investment accumulate crypto
Cathie Wood’s Ark Invest purchased more than 450,000 GBTC shares in two separate buys this week.