Billionaire Warren Buffett just sold about $3.23 billion of Berkshire Hathaway’s stake in Citigroup, Bank of America and Capital One. After eliminating …
Exposure
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Adoption
Abu Dhabi sovereign wealth fund Mubadala expands Bitcoin exposure via IBIT while Wisconsin fund exits crypto ETF
by shayaanby shayaanAbu Dhabi sovereign wealth fund Mubadala raised its exposure to Bitcoin (BTC) during the first quarter, purchasing 491,000 shares of BlackRock’s iShares …
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Adoption
Ivy-league US college Brown discloses $4.9 million exposure to Bitcoin via BlackRock’s IBIT ETF
by shayaanby shayaanBrown University has made its first reported foray into Bitcoin (BTC), investing $4.9 million in BlackRock’s iShares Bitcoin Trust (IBIT), according to …
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Mining
Bitcoin Miners With HPC Exposure Underperformed BTC for Third Straight Month: JPMorgan
by shayaanby shayaanBitcoin (BTC) mining companies with high-performance computing (HPC) exposure underperformed the world’s largest cryptocurrency for the third month in a row in …
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This is a segment from the Lightspeed newsletter. To read full editions, subscribe. There’s a refrain in crypto these days that while …
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Mining
Bitcoin Miners With HPC Exposure Underperformed in First Two Weeks of April: JPMorgan
by shayaanby shayaanThe performance of bitcoin (BTC) mining stocks was mixed in the first two weeks of April, with pure play operators outperforming those …
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Adoption
Fidelity launches zero-fee crypto retirement accounts with exposure to Bitcoin, Ethereum and Litecoin
by shayaanby shayaanFidelity Investments is launching zero-fee retirement plans that will provide investors exposure to three major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and …
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Adoption
BlackRock’s Global Allocation Fund raises Bitcoin exposure by 1,810% over 12 months
by shayaanby shayaanBlackRock’s Global Allocation Fund increased its exposure to Bitcoin (BTC) through its spot exchange-traded fund, iShares Bitcoin Trust (IBIT), by roughly 1,810% since …
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According to a recent survey by Brown Brothers Harriman, 71% of ETF investors wish to invest more in crypto this year. This …
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Adoption
Coinbase survey finds institutional investors remain bullish on crypto, 83% plan to expand exposure
by shayaanby shayaanInstitutional investors are increasingly bullish on cryptocurrency, with 83% planning to expand their allocations this year, according to a new survey conducted …