DeFi’s ethos — permissionless access, composable assets and real-time settlements — are a perfect solution to private credit’s most significant pain points.
Asset management firm 21Shares has deepened its European footprint by launching three new crypto exchange-traded products (ETPs) on Nasdaq Stockholm, according to a March 24 announcement. The newly introduced products are the 21Shares Bitcoin Core ETP (CBTC), the 21Shares Solana Staking ETP (ASOL), and the 21Shares XRP ETP (AXRP). With the listings on Nasdaq Stockholm, […]
The post 21Shares launches Bitcoin, Solana, and XRP ETPs on Nasdaq Stockholm appeared first on CryptoSlate.
Bitcoin (BTC) may be evolving into more than just a hedge against financial instability — it could now be considered a bona fide tech stock, according to a new analysis by Standard Chartered head of digital assets research Geoffrey Kendrick. In a research report shared with CryptoSlate on March 24, Kendrick proposed reconfiguring the famed […]
The post StanChart says Bitcoin strengthening its dual role as TradFi hedge and tech stock appeared first on CryptoSlate.
The International Monetary Fund (IMF) has overhauled its balance of payments standards to reflect the growing impact of digital assets. According to the newly released Balance of Payments Manual, Seventh Edition (BPM7), cryptocurrencies like Bitcoin (BTC) are now classified as non-produced nonfinancial assets, while certain tokens are treated akin to equity holdings. The updated manual, […]
The post IMF updates global standards to include crypto in balance of payments appeared first on CryptoSlate.
Institutional investment in Bitcoin (BTC) has strengthened, but its price has struggled to reflect the growing demand, according to BlackRock’s Global Head of Digital Assets, Robbie Mitchnick. Despite continued adoption by large financial players, Bitcoin has experienced significant ETF outflows and cautious sentiment in early 2025, which have kept prices below previous highs. Mitchnick noted […]
The post BlackRock exec believes Bitcoin’s price does not reflect its strong institutional demand appeared first on CryptoSlate.
Volatility Shares will launch the first-ever Solana (SOL) futures exchange-traded fund (ETF) in the US on March 20, Bloomberg News reported on March 19. The issuer will introduce two products: the Volatility Shares Solana ETF (SOLZ) and the Volatility Shares 2X Solana ETF (SOLT). Bloomberg ETF analyst Eric Balchunas compared them to Bitcoin (BTC) ETFs […]
The post First Solana ETFs in the US set for trading debut on March 20 appeared first on CryptoSlate.
Institutional investors are increasingly bullish on cryptocurrency, with 83% planning to expand their allocations this year, according to a new survey conducted by Coinbase and EY-Parthenon. The research, which polled 352 institutional decision-makers in January, found growing confidence in digital assets as regulatory clarity improves and broader use cases emerge. A majority (59%) of respondents […]
The post Coinbase survey finds institutional investors remain bullish on crypto, 83% plan to expand exposure appeared first on CryptoSlate.
Méliuz, a publicly traded Brazilian company, has announced the acquisition of Bitcoin (BTC) equivalent to 10% of its cash holdings, local media reported on AMarch 6. The company purchased 45.72 BTC for $4.1 million at an average price of $90,296 per BTC. The purchase makes Méliuz the first publicly listed Brazilian firm to hold a significant […]
The post Méliuz becomes first publicly-traded Brazilian company to invest in Bitcoin, allocates 10% of cash reserves appeared first on CryptoSlate.
Bitwise has taken a significant step into DeFi with its first institutional allocation through Maple Finance. This initiative will allow Bitwise to access on-chain credit while maintaining compliance with institutional regulatory standards on Maple’s platform. The firm, which manages over $12 billion in client assets, announced the move in a statement shared with CryptoSlate on March […]
The post Bitwise enters DeFi through institutional allocation with Maple Finance appeared first on CryptoSlate.
Robinhood CEO Vlad Tenev believes that blockchain technology will eventually underpin stock trading, arguing that crypto’s infrastructure could make financial markets more accessible, cost-efficient, and resilient. Tenev made the statement during a fireside chat, where he outlined how integrating stocks with blockchain networks could remove many inefficiencies in traditional trading systems, allowing assets to trade […]
The post Robinhood CEO touts blockchain as antidote to stock market inefficiencies appeared first on CryptoSlate.
BlackRock incorporated Bitcoin (BTC) into its $150 billion model-portfolio offerings through its iShares Bitcoin Trust ETF (IBIT) exchange-traded fund (ETF), Bloomberg News reported on Feb. 28. The asset manager has assigned 1% to 2% of its target allocation portfolios to IBIT. As of Dec. 17, the fund registered over $36 billion in net flows, amassing […]
The post BlackRock adds Bitcoin exposure to model portfolio via IBIT appeared first on CryptoSlate.
CME Group revealed the Solana (SOL) futures launch on Mar. 17, pending regulatory approval, citing increasing client demand. Nate Geraci, CEO of The ETF Store, noted that the development “definitely bodes well” for SOL exchange-traded fund (ETF) prospects. According to a Feb. 28 statement, the new Solana futures contracts will be available in two sizes: […]
The post CME Group set to launch Solana futures on March 17, strengthening ETF prospects appeared first on CryptoSlate.
A recent report by River revealed that hedge funds and registered investment advisors’ (RIA) exposure to Bitcoin (BTC) via exchange-traded products (ETF) reached $34.3 billion as of Dec. 31, showing a 357% growth last year. The report highlighted that 458 RIAs have BTC exposure, with the weighted average allocation being 0.02%. Notably, investment advisors’ exposure […]
The post Hedge funds and RIAs boost Bitcoin exposure to $34.3B, up 357% in 2024 appeared first on CryptoSlate.
Leading financial industry groups have urged President Donald Trump’s administration to roll back federal policies they say have restricted US banks from engaging in digital asset markets and warned that regulatory overreach is hampering American leadership in financial innovation. In a letter sent to David Sacks, Special Advisor for Artificial Intelligence and Crypto and chair […]
The post TradFi coalition urges Trump to overhaul ‘restrictive’ Biden-era crypto policies appeared first on CryptoSlate.
Citadel Securities is reportedly planning to expand into crypto market making, with the aim of providing liquidity on major crypto exchanges, Bloomberg News reported on Feb. 24. People familiar with the matter told the news outlet that the firm is preparing to establish a presence in crypto markets by joining market makers on platforms operated […]
The post Citadel eyes crypto market making expansion amid regulatory shifts appeared first on CryptoSlate.
The Bank of New York Mellon (BNY Mellon) disclosed holdings of more than $13 million in Bitcoin exchange-traded funds (ETFs) at the end of the fourth quarter, marking another sign of traditional financial institutions increasing their exposure to digital assets. According to a newly filed disclosure with the SEC, BNY Mellon owns 115,108 shares of […]
The post BNY Mellon discloses $13 million Bitcoin ETF exposure amid to Wallstreet’s cautious crypto push appeared first on CryptoSlate.
Bitcoin (BTC) financial services firm Fold Holdings will debut on the Nasdaq on Feb. 19, becoming the 12th crypto-native company listed on the stock exchange. According to a Feb. 18 statement, the listing will take place following the completion of its merger with FTAC Emerald Acquisition Corp. (FTAC), a special purpose acquisition company (SPAC). The […]
The post Fold set to debut on Nasdaq, reinforcing Bitcoin presence in TradFi appeared first on CryptoSlate.
Institutional investors held 25.4% of the assets under management (AUM) of spot Bitcoin (BTC) exchange-traded funds (ETFs) as of Dec. 31 — totaling $26.8 billion. K33 Research head of research Vetle Lunde shared that the percentage of Bitcoin ETF AUM held by institutions grew 113% between the third and fourth quarters of 2024. Additionally, the AUM […]
The post Institutional investors hold $27B in Bitcoin ETF shares, controlling over 25% of total AUM appeared first on CryptoSlate.
HK Asia Holdings made its first Bitcoin (BTC) purchase in what it described as a symbolic but strategic move toward integrating digital assets into its financial strategy. The Hong Kong-listed company acquired 1 BTC on Feb. 13 for $96,150 — approximately HK$750,000 — using internal funds. While the transaction remains small in scale, the company […]
The post HK Asia’s symbolic 1 Bitcoin purchase sparks nearly 93% stock surge appeared first on CryptoSlate.
State Street and Citi are considering offering crypto custody services. According to a report from The Information, the banks aim to provide safekeeping solutions to institutional investors, traders, and large funds. A bank executive told the report that State Street plans to roll out crypto custody services next year. The institution is one of the […]
The post State Street and Citi reportedly eyeing crypto custody services appeared first on CryptoSlate.
Franklin Templeton announced on Feb. 12 that its tokenized money fund, “Franklin OnChain US Government Money Fund” (FOBXX), was deployed on Solana — the fund is now available on eight different blockchains. According to Franklin Templeton’s website, the FOBXX invests 99.5% of its total assets in US government securities, cash, and repurchase agreements fully collateralized […]
The post Franklin Templeton FOBXX tokenized money fund goes live on Solana appeared first on CryptoSlate.
CME Group reported record-breaking crypto trading volumes in the fourth quarter of 2024, reflecting a surge in institutional and retail interest in regulated digital asset derivatives. The derivatives exchange saw an average daily trading volume of approximately $10 billion in crypto futures and options during the final quarter of the year, more than 300% higher […]
The post CME Group hits record crypto trading volumes in Q4 amid rising institutional demand appeared first on CryptoSlate.
In its recent 13F form, JPMorgan reported $1 million in crypto exposure through exchange-traded funds (ETF) as of Dec. 31. This is nearly 69% more than the $595,326 it reported at th end of the third quarter of 2024. According to the filing with the US Securities and Exchange Commission (SEC), JPMorgan’s exposure to Bitcoin […]
The post JPMorgan increases crypto holdings via ETFs, but stays cautious at $1 million appeared first on CryptoSlate.
DeFi’s base rate for lending stablecoins is a structural shift that challenges traditional finance by demonstrating the sustainability of high-yield, low-risk on-chain money markets, says Index Coop’s Crews Enochs.
Goldman Sachs reported over $2 billion in crypto exposure through Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETF) as of Dec. 31, according to its latest 13F form. According to its 13F form, the lender had a $1.56 billion exposure to Bitcoin at the end of the fourth quarter of 2024, over 2x higher than […]
The post Goldman Sachs reports over $2B in Bitcoin exposure through ETFs appeared first on CryptoSlate.
Japanese gaming and blockchain company Gumi has announced a 1 billion yen ($6.5 million) investment in Bitcoin (BTC) in a Feb. 10 letter to the market. The investment will occur from February to May and will represent 4.3% of Gumi’s $150 million market cap. Following the news, Gumi stock climbed 3.65%. The company also revealed […]
The post Japanese gaming publisher Gumi announces plans to buy $6 million worth of Bitcoin for treasury appeared first on CryptoSlate.
A balance must be struck between decentralization and security.
Strategy acquired an additional 7,633 BTC and elevated its unrealized profit to over $17 billion on Feb. 9. Meanwhile, Metaplanet reported that 85% of its 2024 net income was attributed to Bitcoin (BTC) holdings, with nearly $36 million in unrealized profits. The firm said it intends to increase its Bitcoin stash to 10,000 BTC by […]
The post Strategy acquires another 7,633 Bitcoin amid downturn, Metaplanet eyes 10,000 BTC stash by year-end appeared first on CryptoSlate.
Traditional finance remains cautious of decentralized finance, but there are opportunities for collaboration.
The US Securities and Exchange Commission (SEC) has delayed on Feb. 7 its decision on whether to approve options trading on Ethereum (ETH) exchange-traded funds (ETFs), extending the review period until Apr. 9. The decision, outlined in a Feb. 7 filing, impacts proposals related to Bitwise’s ETHW, Grayscale’s ETHE and Ethereum Mini Trust, and BlackRock’s […]
The post SEC seeks more time to deliberate on options for Ethereum ETFs, extends review to April 9 appeared first on CryptoSlate.