December 14, 2020
Bitwise Asset Management, a leading crypto fund manager, announced that the Bitwise 10 Crypto Index Fund (ticker: BITW) saw record initial trading volumes of its shares in the secondary market following its debut on OTCQX Best Market® on Wednesday, December 9. More than $67 million of shares traded in the first three days, making it the highest volume debut of a publicly-traded crypto fund in U.S. history.
The prior record holder, the Grayscale Ethereum Trust (ticker: ETHE), saw just over $9M in trading volume during the first three days following its debut on OTCQX on June 25, 2019. The Grayscale Bitcoin Trust (ticker: GBTC), the largest crypto fund, with more than $10 billion in assets under management today, joined OTCQX on May 5, 2015, and had under $1 million in trading volume in its first three days on the market.
Crypto Long & Short: Bitcoin s Relationship With Gold Is More Complicated Than It Looks yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
MassMutual Buys $100 Million Worth of Bitcoin (BTC) with Help of NYDIG
Dec 11 2020 · 09:18 UTC by Bhushan Akolkar · 3 min read
Photo: Depositphotos
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Insurance giant MassMutual notes that the latest Bitcoin purchase comes as part of the company’s plan to deliver long-term value to policy owners. NYDIG will facilitate the complete Bitcoin custody for MassMutual.
Institutional investments continue to flow in Bitcoin (BTC) at an increasing rate. On Thursday, December 10, Massachusetts Mutual Life (MassMutual) announced the purchase of $100 Million worth of Bitcoin (BTC). This purchase of Bitcoins comes with the help of New York-based FinTech giant NYDIG.
El Intransigente
The wealthy are jumping into Bitcoin as stigma around crypto fades
With Bitcoin surging more than 270% since March, the rich are ratcheting up investments in digital currencies and anticipating further gains.
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11 diciembre, 2020
Christian Armbruester wishes he’d bought more. Armbruester, the founder of Blu Family Office, a London-based investment firm for wealthy clients, dabbled in cryptocurrencies a few years ago. But the onetime investment banker, whose family made a fortune in metals and manufacturing, believes cryptocurrencies have earned a place in a diversified portfolio. With
Bitcoin surging more than 270% since its 12-month low in March, he’s ratcheting up his investments in the space and eyeing big gains. “We’re now looking for trading opportunities in a very exciting field,” said Armbruester, who manages about $670 million for Blu Family Office, including his personal wealth.
StocksCM Analyst Reports That Bitcoin Is Winning Some Wealthy People marketwatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketwatch.com Daily Mail and Mail on Sunday newspapers.