Bitwise Bitcoin ETF to absorb $120M Osprey Bitcoin Trust
Subject to closing conditions, the agreement will see Bitwise’s Bitcoin ETF scoop up all the Bitcoin from the Osprey Bitcoin Trust.
Related Posts


Head of Bitstamp’s European arm becomes latest CEO of global crypto exchange
Nejc Kodrič, Julian Sawyer and now Jean-Baptiste Graftieaux... It's unclear what led to the latest change in leadership of one of the oldest crypto exchanges. 332 Total views 6 Total shares Bitstamp, one of the oldest crypto exchanges in the world, has announced the appointment of Jean-Baptiste (JB) Graftieaux as its new global CEO following…

Three Arrow’s Su Zhu reveals latest attempts at a comeback post-FTX
The fall of FTX appears to have brought back certain crypto "villains” out from hiding, one even wants to start a new podcast series. 257 Total views 2 Total shares Three Arrows Capital co-founder Su Zhu looks like he may be attempting a comeback amid the fallout over FTX and Sam Bankman-Fried — seen by…

The secret of pitching to male VCs: Helping female crypto founders blast off
Bridget Greenwood is the founder of The Bigger Pie, a U.K.-based networking organization that supports women in blockchain globally. She says that even venture capitalists with the best intentions still end up funding male founders at disproportionate rates. “I stumbled over the appalling statistic that of all VC funding [in the U.K.], only 3% goes…

Taiwan opens digital asset ETF market to professional investors
Taiwan’s FSC opens investment channels for professional investors, allowing access to high-risk foreign digital asset ETFs while maintaining a cautious stance on market risks.

SMBC, Ava Labs, Fireblocks sign MoU for stablecoin framework in Japan
According to RWA.XYZ, the total stablecoin market cap is currently over $227 billion, with over 155 million holders worldwide. Sumitomo Mitsui Financial Group (SMBC), a Japanese banking and financial services conglomerate, along with business systems firm TIS Inc, Ava Labs — the developer of the Avalanche network — and digital asset infrastructure company Fireblocks, have

Kik CEO Says Firm Spent $5+ Million on Negotiations With US SEC: Report
Ted Livingston, the CEO of Canadian-based messaging startup Kik, told cryptocurrency news outlet Coindesk that the company spent over $5 million on ongoing negotiations with the United States Securities Exchange Commission (SEC). The news was revealed in a report published on May 16.As Cointelegraph reported at the end of January, the SEC stated that it…

China Is Racing to Launch a Digital Currency Ahead of FB’s Libra
The People’s Bank of China (PBoC) is almost ready to launch its government-backed digital currency, official sources say.An Aug. 20 report from the CPC-owned English-language news portal China Daily further revealed that the central bank digital currency (CBDC) may have been influenced by the unveiling of Facebook’s planned cryptocurrency, Libra. ‘Inspiration from Libra’After five years of…

US Fed to create new crypto team amid concerns about unregulated stablecoins
The Fed’s Vice Chair for Supervision emphasized that they do not want to curb innovation, but ensure that regulations protect households and the financial system. 218 Total views 3 Total shares Own this piece of history Collect this article as an NFTThe United States Federal Reserve is set to create a “specialized team of experts”…