Grayscale's fee adjustment reflects a strategic move in the competitive Bitcoin ETF landscape, highlighting adaptability and a proactive approach. While the market evolves, Grayscale positions itself for continued growth, marked by fee reductions and strategic participant additions.
Cheng YuanOne significant allegation is that Titan Global Management employed misleading hypothetical performance metrics in its advertisements, violating the amended marketing rule by the SEC.
DavinThe bankrupt crypto lender will publish its assets, liabilities and statement of financial affairs on Wednesday.
OthersDigital Currency Group (DCG) confirmed Thursday that it is shuttering HQ, its wealth management division.
decryptPart Three: 3AC, Grayscale, Genesis, and DCG
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BeincryptoSamsung Asset Management (Hong Kong) Limited (“SAMHK”) announced that it will launch the first Asia-Pacific metaverse theme actively managed ETF in Hong Kong in July, named Samsung Asia Pacific ex NZ Metaverse Theme ETF (stock code: 3172.HK ).
CointelegraphSamsung Asset Management acquired a 20% equity stake in the U.S. ETF provider Amplify Holding Company in March 2022.
CointelegraphAfter Kelly Strategic Management submitted an application for an ether futures ETF, analysts questioned whether US SEC Chairman Gary Gensler was "mentally prepared" to approve any product other than BTC futures products.
CointelegraphThe asset manager said it would buy “exchange-traded protective puts” and sell “exchange-traded calls on bitcoin futures and/or bitcoin-related ETFs.”
Cointelegraph