In an unprecedented surge, global crypto investment products experienced a historic influx of $ 2.7 billion last week, signaling strong confidence among investors and propelling assets under management (AUM) back to December 2021 levels. Record $ 2.7 Billion Flows Into Crypto Investments in a Historic Week The record-breaking week saw digital asset investment …
Blackrock Explores Bitcoin ETP Investments for Global Allocation Fund
In a significant development, Blackrock, the world’s largest asset manager, has amended its prospectus for the Blackrock Global Allocation Fund to potentially include investments in bitcoin exchange-traded products (ETPs). This move, filed with the U.S. Securities and Exchange Commission (SEC), signals a new avenue for traditional investors to gain exposure to the digital asset market. […]
Reddit Embraces Crypto: IPO Filing Reveals Bitcoin, Ether Investments
Reddit Inc. has disclosed cryptocurrency investments in its initial public offering (IPO) filing with the U.S. Securities and Exchange Commission (SEC). The social media giant noted that as of the end of December last year, “we did not hold digital assets other than bitcoin and ether for treasury purposes, and our investment policy requires approval […]
Thai Securities and Exchange Commission Lifts Restrictions on Digital Asset Investments
Thailand’s securities regulator has removed investment restrictions on retail investors who invest in real estate-based digital tokens. The Thai Securities and Exchange Commission (SEC) said digital asset entities that want to diversify to other businesses need to get its approval first. Balancing Between Protecting Investors and Promoting Innovation The Thai Securities and Exchange Commission (SEC) […]