Australian pension funds can expect a pitch soon for saving money on fees with a stablecoin.
Read more
Mike McGlone — Hedge Funds Push Gold Toward $3K Amid Global Market Uncertainty
In a recent interview, Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, emphasized the significant role of hedge funds in gold’s ongoing price surge. McGlone
Read moreSpot Bitcoin ETFs maintain positive flows for 8 out of the last 10 days
Around 80% of the past fortnight’s spot Bitcoin ETF trading days have had positive flows, despite Bitcoin seeing sideways price action.
Read more
UBS Urges Caution Despite Positive US Economic Data
UBS reported on Friday that U.S. stocks extended their rally as new economic data, including a 1% rise in July retail sales, eased concerns about
Read more
Hedge Funds and Brokerages Dominate Bitcoin Assets, Coinshares 13F Filing Analysis Shows
A recent analysis from Coinshares, spearheaded by its lead research analyst, James Butterfill, brings to light the evolving landscape of bitcoin investments among institutional investors.
Read moreOver 50% of U.S. hedge funds have exposure to Bitcoin as BTC crushes stocks in 2024
Millennium Management, holding 27,263 BTC worth $1.69 billion, has allocated about 2.5% of its $67.70 billion total assets under management to Bitcoin.
Read more