$500 million in outflows from crypto asset funds last week – GBTC outflows exceed inflows from other companies | CoinDesk JAPAN
Although they slowed significantly last week, outflows from Grayscale’s Bitcoin ETF, GBTC, continued to outpace inflows to other Bitcoin ETFs. Digital asset management company CoinShares reported on the 29th. GBTC, the largest and longest-running Bitcoin fund that recently converted from…
Chinese asset management company applies for Bitcoin Spot ETF in Hong Kong, also interested in stable coins: Report | CoinDesk JAPAN
Harvest Global Investments, a major Chinese asset management company, has applied for a spot Bitcoin exchange-traded fund (ETF) with the Securities and Futures Commission (SFC) in Hong Kong, and has announced that it will The company says it is in…
“Long-term target for Bitcoin price is $400,000†US SkyBridge founder predicts market price after halving
Bitcoin price outlook Anthony Scaramucci, founder of US asset management company SkyBridge, said that the price of the crypto asset (virtual currency) Bitcoin (BTC) could rise to the level of $400,000 (approximately 59 million yen) in the long term. I…
Invesco lowers Bitcoin ETF fees — aiming for catch-up | CoinDesk JAPAN
Invesco and Galaxy Asset Management announced on the 29th that they will reduce fees for their jointly launched coin spot ETF (exchange traded fund) from 0.39% to 0.25%. This reduction brings the Invesco Galaxy Bitcoin ETF’s (BTCO) fees in line…
Bitcoin ETF Fee Wars Heat Up: Invesco And Galaxy Asset Management Reduce Fees To Take On Competition
In a calculated move to draw in more investors, Invesco and Galaxy Asset Management have slashed the fee of their joint Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs). What Happened: The issuers have trimmed down the fee of their spot Bitcoin…
Cathie Wood’s Ark Invest Buys $3.3M Worth Of Tesla Shares, Also Picks Up $2.8M Worth Of Ark21Shares Bitcoin ETF Units
On Monday, Cathie Wood‘s Ark Invest made a significant move by purchasing $3.3 million worth of Tesla Inc (NASDAQ:TSLA) shares, reinforcing its faith in the electric vehicle giant despite its recent stock slump. This move comes amidst Tesla’s challenging market…
Bitcoin recovers to $43,000 level with significant rebound from last week
Macroeconomics and financial markets In the US New York stock market on the 29th, the Dow Jones Industrial Average closed 224 points (0.59%) higher than the previous day, and the Nasdaq Index closed 172 points (1.1%) higher. Among US crypto…
Bitcoin will reach at least $170,000 after halving: Anthony Scaramucci | CoinDesk JAPAN
Anthony Scaramucci, founder and managing partner of SkyBridge Capital, said Bitcoin (BTC) has lost at least $170,000 since the April halving. The price is expected to soar to 150 yen (equivalent to 150 yen). “Let’s look back at Bitcoin’s halving, 
Mitsubishi UFJ Trust, Progmat, STANDAGE, and Ginco begin joint study on utilizing domestic stablecoins for trade settlement
Considering the use of domestically produced stable coins for trade settlement Mitsubishi UFJ Trust and Banking Corporation, Progmat, Inc., STANDAGE Co., Ltd., and Ginco Co., Ltd. have begun a joint study toward the practical implementation of a trade settlement system…
Will stablecoins overcome the hurdle of widespread trade settlement? Mitsubishi UFJ Trust, Progmat, STANDAGE, and Ginco begin joint study | CoinDesk JAPAN
Mitsubishi UFJ Trust and Banking, Progmat, STANDAGE, and Ginco will begin a joint study on the use of “domestic stable coins†issued using the “Progmat Coin†platform for trade settlement. Trade settlement, or trade finance, is currently a complex process,…