BlackRock’s bitcoin exchange-traded funds (ETFs) have become the firm’s most profitable product line, according to Cristiano Castro, director of business development at BlackRock Brazil. The figure is notable given that the firm manages over 1,400 ETFs globally and is the world’s largest asset manager with… Read More
Denis Dariotis, the 22-year-old founder and CEO of cryptocurrency-focused trading software firm GoQuant, remembers the constraints and pressures of maximizing his trading portfolio while he was still in the third grade at school. “I remember telling my teachers I had to take 10 minutes out… Read More
Despite ETF hype, central banks and asset allocators continue to choose gold over crypto for reserve and trade purposes.
The premium — which tracks the price spread between Coinbase and the global market — acts as a read on U.S. capital flows in previous cycles.
The company had planned to invest up to $500 million in Uruguay, but cited high energy prices and regulatory hurdles as reasons for its pullout.
Crypto-related stocks are higher across the board, led by the bitcoin miners.
