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Assets In Exchange-Traded Products Backed By Crypto Surge 91% In 2023: Report
Monday, November 20, 2023 - 5:10pm | 470Read More...So far this year, exchange traded products (ETPs) with digital assets as underlying collateral, recorded a 91% growth in total assets under management (AuM). That's according to Fineqia International, which reported $38 billion in ETPs AuM — a 25% increase from the prior month. That...
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Financing Platform Credix Closes $60M In Credit Facility In Partnership With Alternative Asset Manager
Tuesday, November 14, 2023 - 10:00am | 542Read More...Credix, a platform providing financing to small businesses and consumer loan portfolios in Latin America, closed a $60 million credit facility wherein an initial $7.5 million will assist Small and Medium Enterprises (SMEs) in Brazil through receivables financing. What Happened: Venture...
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Can Bitcoin Spot ETFs Unleash A Trillion-Dollar Crypto Boom? Here's What Data Shows
Wednesday, October 18, 2023 - 10:47am | 468Read More...Bitcoin (CRYPTO: BTC) is on the verge of blossoming into a $900 billion asset should the anticipated approval of spot exchange-traded funds (ETFs) come to fruition. That's according to CoinDesk, citing data analytics firm CryptoQuant. The report also anticipates that the total crypto...
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Coinbase Director Conor Grogan Estimates Alameda Research Minted Some $40B Of USDT
Tuesday, October 10, 2023 - 1:03pm | 639Read More...Coinbase (NASDAQ: COIN) director Conor Grogan shed light on Alameda's significant involvement in Tether (CRYPTO: USDT) minting, suggesting potential arbitrage trading motives. Onchain data indicates that Alameda was responsible for minting a staggering $39.55 billion of USDT, which accounts for...
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Tron, Cardano, and Sandbox Surge As Investors Dump Bitcoin
Monday, May 15, 2023 - 2:18pm | 439Read More...In an unprecedented development within the digital asset investment space, investors seem to be shying away from Bitcoin (CRYPTO: BTC) and looking toward alternative cryptocurrencies. Outflows from Bitcoin investment products have amounted to $38 million in the past week, contributing to a...
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Investors Losing Faith In Crypto As Bitcoin, Ethereum Experience Historic Exodus
Monday, March 13, 2023 - 5:39pm | 450Read More...Digital asset investment products have seen outflows for the fifth consecutive week, with the total amount reaching a record high of $255 million, representing 1.0% of total assets under management (AuM). According to a report by Coinshares, while the outflows are the largest on record in dollar...
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Here's How Much Blockchain Startups Raised In February Funding
Thursday, March 2, 2023 - 1:58pm | 425Read More...Digital asset investment products recorded a 5.25% increase in assets under management (AUM) in February, reaching $28.3 billion, marking the third consecutive monthly increase and the highest AUM recorded since May 2022. This signifies investors' bullish sentiment and their increased appetite...
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Legg Mason Reports $3.9 Billion Of Long-Term Net Outflows
Wednesday, January 13, 2016 - 3:09pm | 122Read More...Shares of Legg Mason Inc (NYSE: LM) hit a new 52-week low of $33.59 on Wednesday after the company reported its December 2015 assets under management. Legg Mason noted that its preliminary assets under management of $671.5 billion as of the end of December includes preliminary long-term net...
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UPDATE: MLV Initiates Coverage On Ashford
Friday, December 19, 2014 - 11:01am | 192Read More...Ryan Meliker of MLV & Co initiated coverage of Ashford Inc. (NYSE: AINC) on Friday with a Buy rating and $110 price target. “Our Buy rating is driven by our confidence in management's ability to grow assets under management, which in turn will growth Ashford's earnings per...
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Small-Cap Corner: Buying The ETF Issuer
Monday, July 2, 2012 - 6:13pm | 702Read More...The exchange-traded products industry has grown to include nearly 1,500 ETFs and ETNs with almost $1.2 trillion in assets under management (those are just the U.S. numbers), and investors have understandably focused on which ETFs generate profitable trading ideas. Said another way, many investors...
