Standard Chartered, a British multinational bank, has projected that Bitcoin (BTC) will reach a value of $200,000 by the end of 2025. This prediction indicates a more than 300% increase from its current trading value. The bank’s research note released on Monday suggests that the imminent approval of Bitcoin spot ETFs could result in an […]
In an effort to provide a platform for women to share their personal experiences, e-fundresearch.com has launched a new series of articles in 2023 titled ‘Role Models’. Five role models were asked to share their advice for women aspiring to build a career in asset management. Here are their responses:Katja Müller, Chief Customer Officer at […]
UBS, the banking giant, is setting its sights on expanding its wealth and asset management presence in China. This strategic move is driven by the potential the bank sees in the country, according to Eugene Qian, the country head of UBS and chairman of UBS Securities.Qian shared these insights during his speech at the UBS […]
In a significant move signaling strategic expansion, CleanSpark has invested a whopping $193 million in new miners. This investment comes as the company prepares for Bitcoin’s next halving event.The company’s ambitious goal is to achieve a fivefold increase in its hashrate. The hashrate is a key performance indicator in the world of cryptocurrency mining, representing […]
Custodia Bank CEO Caitlin Long has raised concerns about a “hidden risk” associated with the imminent launch of several Bitcoin ETFs in the United States, following BlackRock’s recent update to its S-1 filing. Long suggests that sponsors may seek to increase their profits through securities lending, a practice that could expose investors to hidden risks.Long’s […]
The Bitcoin price has soared past the $47,100 mark, reaching levels not seen since April 2022. This surge is due to the positive sentiment in the cryptocurrency community, as all signs point towards an imminent approval of the highly anticipated Bitcoin Exchange-Traded Fund (ETF) applications.Earlier today, several prominent players in the financial industry, including VanEck, […]
Blockchain and tokenization are revolutionizing money funds, offering instant payments and revenue automation for investors. Archax, a digital asset firm regulated by the UK FCA, is leading this adoption by enabling tokenized investments in abrdn money market funds, marking a groundbreaking milestone.Money market funds are a low-risk type of investment that offers investors a return […]
Grayscale, a leading asset management firm with a portfolio of around $27 billion, has announced a significant change in its fee structure for its proposed Bitcoin ETF. The firm has reduced its management fee from 2% to 1.5%, a strategic move aimed at strengthening its position in the competitive exchange-traded fund market.In a bid to […]
The hype around Solana meme coins seems to be fading, with investors facing a reality check. Solana’s influence, which previously propelled top meme coins like BONK to fame, is now under scrutiny. The excitement around meme coins on the Solana network has cooled, with Bonk (BONK) experiencing a sharp drop of over 70% from its […]
Speculation is mounting that asset managers are sitting on a significant amount of capital, ready to invest in Bitcoin ETFs. This comes ahead of the anticipated launch of these ETFs later in the week.This News Article was automatically generated by Bob the Bot (AI) Information Details Geography Global Countries Sentiment positive Relevance Score 1 People […]
