Crypto Funds
Ex-ConsenSys Ventures Head Kavita Gupta Raising Over $50M for New Fund
The female-led fund is oversubscribed for the first fundraising round at more than $30 million and could raise as much as $100 million eventually. It plans blockchain investments for a “multi-chain” world.
Solana Funds Outshined Bitcoin Last Week Amid Down Market
Crypto funds focused on Solana’s SOL token garnered almost $50 million of inflows last week, while bitcoin funds brought in a “paltry” $200,000.
Crypto Funds Snap 6 Weeks of Outflows as Markets Rally
The latest data reflected a reversal after six consecutive weeks of outflows.
Crypto Funds Suffer 6th Week of Outflows Despite Bitcoin Rally
The outflow was partly because of low investor participation due to seasonal effects, also seen in other asset classes.
Digital-Asset Funds Reach $50B Despite Outflows
Despite experiencing outflows for the fifth straight week, assets under management in digital funds hit their highest level since mid-May.
Valkyrie Launches a Dash Trust That Includes Staking
The fund is Valkyrie’s third closed-end crypto fund with staking that the company has launched this year.
Digital Asset Funds Suffered Outflows as Bitcoin Price Recovered
Bitcoin-focused funds had outflows totalling $19.7 million, partly offset by net inflows to funds focused on other categories, including multi-asset funds.
Market Wrap: Bitcoin Analysts Expect a Short-Squeeze
Bitcoin sellers are expected to cover positions, which could lead to higher prices next week.
Interest in Crypto Investment Products Weakens Further in July: Report
The decline comes as the price of bitcoin fell below the $30,000 threshold.
