Tag: institutional

Capula Management Invests $464 Million in Bitcoin ETFs, Signaling Institutional Interest

coiner

Capula Management, one of the largest hedge funds in Europe with assets under management (AUM) of approximately $118 billion, has made a significant move in the cryptocurrency market by investing $464 million in spot Bitcoin exchange-traded funds (ETFs). This substantial investment underscores the growing institutional interest in bitcoin, even amid market fluctuations. Capula’s step highlights […] Source link

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Bitcoin Fluctuates Amidst Increasing Institutional Acceptance

coiner

The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Bitcoin has seen a slight reversal in its ongoing rally over the last months of 2023. This price fluctuation may nevertheless suggest an upcoming bull market as the asset finds new backers. Throughout its entire history, Bitcoin has been a wildly fluctuating asset. In the almost 15 years since the Genesis…

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German banks slowly adopt crypto, mostly for institutional investors

coiner

For a long time, German banks largely neglected the cryptocurrency industry, considering it too speculative, too risky and too unregulated. Foreign institutions, neobrokers, and crypto fintech companies such as Bitwala, Trade Republic, Bison App and Bitpanda were primarily responsible for providing services like trading and custody, business account management, tokenization, card issuing and ATMs. Trading cryptocurrencies directly at a German bank branch is not possible. Not even the big online banks like Comdirect, Deutsche Kreditbank or ING allow their customers to trade cryptocurrencies directly via a broker. The only way…

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