Day: 13 February 2024

In its recently published fourth-quarter report for 2023, CoinShares disclosed an annual revenue of $108.5 million and assets under management (AUM) of $3.8 billion as of December 31, 2023. CoinShares reported that its profits and other revenues amounted to $42.12 million during the fourth quarter of 2023. Additionally, the firm ...

Franklin Templeton submitted an S-1 form to the U.S. Securities and Exchange Commission (SEC) on Monday, February 11, 2024, signalling its intent to issue an Ethereum exchange-traded product (ETF) to investors in the country.  The proposed ETF aims to closely track the price movements of Ethereum's native token, Ether (ETH). ...

Michael Saylor, MicroStrategy CEO, said that the demand for Bitcoin (BTC) investment products is about ten times larger than the supply available in the crypto market.  In an interview with CNBC, Saylor expressed optimism for the crypto market. He believes that the SEC's approval of Bitcoin ETFs spurred a notable ...