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Bitcoin Slumps to $45K Amid Hawkish Fed, Buying Activity Remains Positive
Institutional adoption of bitcoin could boost confidence among those who have previously considered cryptocurrencies a poor investment, some analysts said.
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SEC Delays Spot Bitcoin ETF Offerings From WisdomTree and One River
The move continues a pattern by the U.S. securities regulator to deny or not take action on all spot bitcoin ETF applications.
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Brazilian Asset Manager Hashdex Launches DeFi ETF on Local Stock Exchange
The ETF, which trades under the ticker DEFI11, attracted 2,200 investors for a total amount of $10.5 million, about a tenth of the $96 million it expected to capture.
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Scaramucci of SkyBridge Capital Raises $100M for Algorand Fund, to Manage Crypto ETF Portfolio
SkyBridge will be responsible for the selection and monitoring of the securities in the fund’s investment portfolios.
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Crypto News Roundup for July 28, 2021
With bitcoin traders testing $40K and a look at Goldman's proposed 'DeFi' Index, CoinDesk’s Markets Daily is back with the latest news roundup.
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SEC-Registered Crypto Robo-Advisor Makara Launches
Makara bills itself the first SEC-registered crypto robo-advisor.
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3iQ Plans to Raise $200M+ From Bitcoin ETF's Dubai Listing: Report
3iQ has received regulatory clearance for the dual listing of its bitcoin ETF on Nasdaq Dubai.
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Cboe Eyes More Crypto Offerings as Demand Rises: Report
CEO Ed Tilly told Bloomberg Thursday Cboe has not "given up" on bitcoin futures despite prior aborted attempts in the space.
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Splashy Canadian Bitcoin ETF Sees Inflows Slow as Price Drops
The fast-growing Purpose Bitcoin ETF was projected to hit $1 billion by the end of this week, but as of Friday the assets were less than $700 million.
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WisdomTree Mulls New Stablecoin as US Money Manager Drives Toward Crypto
WisdomTree, an asset manager specializing in exchange-traded funds, is vying to become one of the first established U.S. financial firms to offer clients digital assets, including a so-called stablecoin whose value is closely linked to the U.S. dollar.
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