Hong Kong Bitcoin ETFs Reach HK$2 Billion in Assets Under Management

Source: BTC Times Hong Kong’s spot Bitcoin ETFs have reached over HK$2 billion ($272M) in AUM, highlighting growing institutional interest in Asia. Hong Kong’s three spot Bitcoin exchange-traded funds (ETFs) have collectively amassed over HK$2 billion (approximately $272 million) in assets under management since their launch earlier this year. This follows Hong Kong’s approval of… Continue reading Hong Kong Bitcoin ETFs Reach HK$2 Billion in Assets Under Management

Venture capital funding in crypto rises to $2.4 billion: PitchBook

Source: The Economic Times Synopsis ​​Funding was spread across 518 deals and rose by 40.3% from the previous quarter, according to data firm PitchBook. Global venture capital investments dropped to a near five-year low in the same period. Crypto startup funding rose for a second straight quarter to hit $2.4 billion in the first three… Continue reading Venture capital funding in crypto rises to $2.4 billion: PitchBook

Investors Fret Over Interest Rates: Digital Asset Outflows Hit $206M

Source: CryptoPotato Digital asset investment products recorded $206 million in the past week. Bitcoin halving concerns triggered the 11th consecutive week of outflows from the blockchain equities. According to data compiled by CoinShares, blockchain equities experienced $9 million in withdrawals as investors worried about halving the impact on mining companies because it can affect their… Continue reading Investors Fret Over Interest Rates: Digital Asset Outflows Hit $206M