Tag: institutional

Institutional Bitcoin products tag record AUM despite volume pulling back

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[ad_1] Institutional traders have locked a record sum of capital into Bitcoin investment products despite trade volume declining during the second half of 2021. According to CoinShares’ Nov. 15 “Digital Asset Fund Flows Weekly” report, Bitcoin (BTC) investment products saw total inflows of $97.5 million between Nov. 8 and Nov. 12 — pushing the sector’s assets under management (AUM) up to a record $56 billion. Year-to-date (YTD) inflows also tagged $6.5 billion last week. Bitcoin instruments represented 64.6% of the $150.9 million that flowed into digital asset investment products last…

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Bitcoin Freedom Institutional Plan World

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[ad_1] To paraphrase “The Communist Manifesto,” it seems to many that all the ruling powers of the state — also known simply as “the elite” — have entered into some unholy alliance to exorcise the still-remaining spectre of independence and human freedoms, which they seem to believe haunts the modern world. These “powers” would include the World Economic Forum, the Bill and Melinda Gates Foundation, the Scientific Academia Network, all central bankers, the European Union, the City of London Corporation, the United Nations, the Kremlin, the Chinese Communist Party, the…

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Majority of institutional investors ready to buy digital assets, study says

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[ad_1] New data shows that institutional investors’ interest in cryptocurrencies and crypto-related businesses is continuing to grow.  Fidelity Digital Assets, the crypto arm of the global asset management giant Fidelity Investments Inc, tasked Coalition Greenwich to survey 1,100 institutional investors to understand their expectations regarding digital asset investments. The majority of surveyed investors expected to invest in digital assets in the future. The survey was conducted between December 2020 and April 2021 with the participation of high net worth investors, family offices, digital and traditional hedge funds, financial advisors and…

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Record $584M Litecoin futures open interest signals institutional inflow

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[ad_1] Litecoin (LTC) might be 60% below its December 2017 all-time high at $420, but that hasn’t stopped its futures contracts open interest from reaching a record $584 million. This makes LTC the seventh-largest cryptocurrency by market capitalization and it ranks third in derivatives, behind Bitcoin (BTC) and Ether (ETH). Litecoin futures aggregate open interest. Source: Bybt.com As shown above, LTC futures aggregate open interest increased by 285% over the past three months. One should keep in mind that such an event is not necessarily positive since futures contracts require…

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The Institutional Landscape Bitcoin – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

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[ad_1] This podcast episode was inspired by the Bitcoin 2021 conference in Miami on June 4 and 5. Make sure to set reminders for the Bitcoin 2021 day one YouTube live stream as well as the day two live stream now. Watch This Episode On YouTube Listen To This Episode: Panel: Cathie Wood (Founder and CEO of Ark Invest) Anthony Scaramucci (Founder of SkyBridge Capital) Moderators: Christian Keroles (Managing Director of Bitcoin Magazine) Dylan LeClair (Head of Research at Bitcoin Magazine) Welcome to a very special Bitcoin 2021-inspired panel on…

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DeFi institutional adoption is booming but gas fees hinder growth

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[ad_1] Panelists at a DeFi-focused talk held at the BlockDown conference on Thursday expressed their optimism at the past and future growth of decentralized finance, but highlighted the hurdles to adoption due to congestion on Ethereum. The panel, titled “DeFi’s newest waves,” featured Anton Bukov, co-founder of 1inch Network, Ajit Tripathi, head of institutional business at Aave, Hyung Lee, CEO of B.Harvest, and Eric Chen, co-founder of Injective Protocol. The panel was moderated by Cointelegraph’s technology editor Andrey Shevchenko (yours truly). Bukov characterized the current crypto cycle as somewhat more…

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State Street to provide tech for institutional Bitcoin trading platform

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[ad_1] State Street, the second-oldest operating bank in the United States, is moving into the cryptocurrency industry by agreeing to provide its technology for a new crypto trading platform. Currenex, a forex technology provider owned by State Street, has entered into an agreement with crypto firm Puremarkets to provide its trading infrastructure and tech for the new crypto trading platform Pure Digital. Announcing the news Thursday, Pure Digital said that it will also collaborate with State Street to further explore the digital currency trading industry. According to the announcement, Pure…

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NFT craze and institutional money to bring next 100 million crypto users, says Crypto.com CEO

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[ad_1] Watch Cointelegraph’s latest interview with Crypto.com CEO Kris Marszalek to understand the catalysts that will push crypto to 200 million users. For more crypto and blockchain content, check out and subscribe to Cointelegraph’s YouTube Channel! When adoption? It took over a decade for crypto to reach 100 million users, or ~1% of the global population, according to a study by Crypto.com. But Marszalek expects the next 100 million users to arrive in a far quicker time frame. He said: “Going from 100 to 200 million is going to be…

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