Crypto Funds Have Seen Record Investment Inflow in Recent Weeks
In the last month, weekly inflows to cryptocurrency funds from institutional investors have been breaking records, according to data reported by Reuters.
Spartan Group's new fund has raised over $30 million in its first round, with a further $20 million expected to be raised in March or April.
The firm's bitcoin assets under management rose by more than $3 billion in a week.
The studio's flagship ventures fund increased in value from $14 million to $300 million.
The Seattle-based firm plans to invest in 10-15 ventures in the blockchain space over the next two to three years.
3iQ said its Ether Fund has completed an initial public offering on the Toronto Stock Exchange, calling it a "world first."