Intelligent Alpha’s investment committee is composed of three AIs, and the fund’s CEO tries to stay out of their way. www.coindesk.com
Fund
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Markets
Trump Picks Pro-Crypto Hedge Fund Manager Scott Bessent for Treasury Secretary
by shayaanby shayaanPresident-elect Donald Trump has nominated Wall Street titan Scott Bessent as Treasury Secretary. www.coindesk.com
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Regulation
SEC disburses $4.6 million to BitClave ICO investors amid unresolved fund discrepancies
by shayaanby shayaanThe US Securities and Exchange Commission (SEC) has distributed $4.6 million to investors of defunct crypto startup BitClave’s 2017 initial coin offering …
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Bitwise Asset Management announced that NYSE Arca has filed to list the Bitwise 10 Crypto Index Fund (BITW) as an exchange-traded product. …
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Markets
Senator Lummis Proposes Selling Fed’s Gold To Fund Strategic BTC Reserve: Bloomberg
by shayaanby shayaanAccording to a latest Bloomberg report, Republican Senator Cynthia Lummis of Wyoming has proposed to sell a part of the Federal Reserve’s …
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Regulation
Pennsylvania introduces bill to use $7 billion state fund for Bitcoin Strategic Reserve purchases
by shayaanby shayaanPennsylvania’s legislature has introduced landmark legislation for establishing a Bitcoin reserve, positioning the state at the forefront of digital asset policy in …
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Markets
How a $115M Crypto Fund With Big Ambitions Plans to Invest In Latin America
by shayaanby shayaanHyla Fund Management wants to become the Goldman Sachs of crypto. The firm plans on launching a new Latin America crypto fund …
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Donald Trump won the 2024 presidential election by a landslide. Whereas polls indicated the race was a tossup, crypto hedge fund Lekker …
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BlackRock, the world’s largest asset manager, now handles more Bitcoin than gold for its flagship iShares exchange-traded funds (ETFs). To put it …
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The U.S. Securities and Exchange Commission has published the application to uplist a Grayscale digital asset fund to an exchange-traded fund in …