Asset Manager Educates Institutional Investors on Bitcoin ETFs
Asset Manager Educates Institutional Investors on Bitcoin ETFs
👀 Bitcoin ETFs Explained...
According to the head of digital assets at a leading asset management firm, the company has been actively educating pension funds, endowments, and sovereign wealth funds about the recently launched spot bitcoin exchange-traded funds (ETFs). These new investment products provide institutional investors with a regulated and convenient way to gain exposure to bitcoin, the world's largest cryptocurrency by market capitalization.
Major US Public Company Plans Massive BNB Investment Vehicle
A new publicly traded US company is being proposed to focus exclusively on buying and holding BNB tokens. This investment vehicle represents **one of the largest institutional bets** on Binance's native token by a publicly listed entity. Key details: - Company will be US-listed and publicly traded - Primary strategy: acquire and hold BNB tokens - Plans include investments in the broader BNB ecosystem - Marks significant institutional adoption of BNB The move signals growing institutional confidence in BNB as traditional finance continues embracing crypto assets through dedicated investment vehicles.
Firm Reaches 3 Million ETH Tokens, Halfway to 5% Supply Target
A major firm has **crossed the 3 million ETH milestone**, marking significant progress toward its ambitious goal of controlling **5% of Ethereum's total supply**. The company has been steadily building its position: - Previously held 2.83 million ETH tokens as of October 6th - Now sits at over 3 million tokens - Maintains position as **largest corporate ETH treasury** This accumulation strategy represents one of the most aggressive institutional plays in the crypto space. With Ethereum's total supply around 120 million tokens, **5% would equal approximately 6 million ETH**. The firm's systematic approach to cornering such a large portion of ETH supply could have significant implications for the broader Ethereum ecosystem and market dynamics.
🏛️ Court Approves Celsius
A court has issued a **sanction order** following overwhelming creditor support for Celsius's bankruptcy plan. The decision comes after an August re-vote where: - **95.7%** of creditors by number backed the plan - **94.6%** by value supported the proposal This marks a significant milestone in the failed crypto lender's bankruptcy proceedings, with creditors showing strong consensus on the path forward. *The approval follows years of legal proceedings since Celsius's collapse.*
Hyperliquid Upgrade Enables Onchain Perpetual Futures Markets for Builders
Hyperliquid has completed a major infrastructure upgrade that **decentralizes its derivatives platform**. The update allows builders to: - Launch perpetual futures markets directly onchain - Create custom trading products without centralized oversight - Build on decentralized infrastructure This represents a **significant shift** from traditional centralized derivatives platforms to fully onchain solutions. The upgrade positions Hyperliquid as a key infrastructure provider for the next generation of decentralized trading applications.
**DeFi Veteran Surges 120% Ahead of Major Perpetuals Launch**
A legacy DeFi protocol has experienced a **120% price surge** as anticipation builds around two major catalysts. The rally comes ahead of: - Launch of a new **perpetuals DEX** platform - High-profile **trading competition** event These developments could **reignite interest** in established DeFi protocols that have been overshadowed by newer projects. The perpetuals platform promises: - Effortless trading with **no expiration dates** - Advanced liquidity protocols to minimize **slippage** - **Borderless accessibility** for global users This surge highlights how product launches and community events can drive significant price action in the DeFi space, particularly for protocols with established user bases looking for new growth catalysts.