Spot bitcoin funds lost about $95 million on Thursday and ether funds roughly $52 million, ending the one bright spot in crypto’s …
funds
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Markets
Troubles for bitcoin ETFs and private credit funds suggest rising market risks
by shayaanby shayaanRedemption requests in the $2 trillion private credit market surged to $15.6 billion in the second quarter, dwarfing bitcoin ETF outflows. www.coindesk.com
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Finance
Funds are buying crypto stocks. Are they exposed to less risk — or more?
by shayaanby shayaanCathie Wood’s ARK Invest bought roughly $77 million of crypto stocks in June, adding $44 million of Coinbase (COIN), $25.25 million of …
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For more details, visit the official Beincrypto platform. TL;DR XRP spot ETF products reportedly extended their inflow streak to eight consecutive weeks. …
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Regulation
Kraken sues crypto derivatives firm PowerTrade over ‘misappropriated’ funds claim
by shayaanby shayaanPayward, the parent company of cryptocurrency exchange Kraken, has taken legal action against PowerTrade, a high-leverage derivatives platform based in the U.A.E., …
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Finance
Grayscale’s GBTC Leads $227M Bitcoin ETF Weekly Outflow as HYPE Funds Add $28M
by shayaanby shayaanAltcoin ETFs Gain Momentum as Bitcoin Funds Post Sixth Weekly Outflow The market had one less trading day for the week due …
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Fund issuers are exploring blockchain-based ETFs amid fears of missing an early foothold in tokenized finance. www.coindesk.com
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Crypto exchange Bybit will offer eligible customers access to tokenized bond funds managed by PIMCO and China Merchants Bank International, expanding its …
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The Bitcoin ETF market is showing signs of life again, but Ether funds are still struggling to find the same bid. TL;DR …
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Regulation
Beijing Woman Jailed 4 Years After Losing Scam Funds in Crypto Trading
by shayaanby shayaanA fraud case in Beijing has drawn attention after stolen funds were lost in leveraged cryptocurrency trading. The case centers on a …