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Morgan Stanley"s move to offer bitcoin funds to rich clients is the "tip of the iceberg" and could result in $1.5 trillion flowing into the cryptocurrency

JMP Securities estimates around $30 trillion of assets in the US retail wealth management industry currently do not have direct access to bitcoin. Bitcoin logo is seen displayed o.....»»

Category: personnelSource: nytMar 18th, 2021

Cryptocurrency hedge-fund survey hints at big quant disparities

Cryptocurrency-focused hedge funds’ assets under management jumped in 2019, according to a new survey, but there were some big differences in performance during the year......»»

Category: topSource: moneycentralMay 11th, 2020

Goldman Sachs Adds $25 Billion in Assets for $750 Million

Mega-bank Goldman Sachs has agreed to purchase financial advisory and wealth management firm United Capital for $750 million......»»

Category: blogSource: 247wallstMay 16th, 2019

Crypto Hedge Funds’ Average AUM Grew Three Times in Q1

The average assets under management (AUM) of global cryptocurrency hedge funds increased three-fold in the first quarter of 2019, new research from PwC and Elwood indicates......»»

Category: forexSource: coindeskMay 14th, 2019

Benjamin F. Edwards adds more than $1 billion with 14 hires

Benjamin F. Edwards & Co. added almost $1.2 billion in assets under management with the hiring of 14 financial advisers in five states, bringing its total assets to more than $23 billion. Nine of the hires are in offices recently opened in Chesterton,.....»»

Category: topSource: bizjournalsOct 19th, 2018

Grayscale’s Newest Crypto Investment Trust Will Hold Stellar Lumens

Grayscale Investments is launching a new single-asset trust for Stellar lumens, allowing accredited investors to gain exposure to the cryptocurrency......»»

Category: forexSource: coindeskJan 18th, 2019

CMC Industries adds three-building portfolio to its assets under management

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallFeb 6th, 2019

Miami wealth management firm expands to Houston

The move follows the firm's acquisitions of major assets from PNC and Citigroup in recent years......»»

Category: topSource: bizjournalsApr 16th, 2024

Cathie Wood Buys Another $42M In Twitter Stock, Also Adds DraftKings, Netflix

Cathie Wood-led Ark Investment Management on Monday bought 731,775 shares, estimated to be worth about $41.76 million, in Twitter Inc (NYSE: TWTR) — a day after The Bill and Melinda Gates Foundation Trust read more.....»»

Category: blogSource: benzingaMay 25th, 2021

Analysis: Retail investors learn to love the crypto rollercoaster

When Brjánn Bettencourt rolled out of bed on Wednesday morning to find the assets in his cryptocurrency portfolio slammed in their biggest selloff in years, he knew exactly what to do: buy more......»»

Category: topSource: foxnewsMay 24th, 2021

Is Elon Musk The Dogecoin Whale? You Wish, But Core Developer Has A More Boring Theory

A core developer of Dogecoin (DOGE) said speculations that the owner of a wallet that holds the world’s largest amount of the meme cryptocurrency is a single individual are likely misplaced, Business Insider read more.....»»

Category: blogSource: benzingaMay 24th, 2021

Cathie Wood Loads Up Yet Another $51M In Coinbase As Shares Slump Amid Bitcoin-Led Crypto Carnage

Cathie Wood-led Ark Investment Management on Friday snapped up another 223,181 shares, worth about $50.7 million, in Coinbase Global Inc (NASDAQ: COIN) as the cryptocurrency exchange stock staged a fresh dip. read more.....»»

Category: blogSource: benzingaMay 23rd, 2021

The Bitcoin Crash of 2021 Compared to Past Sell-Offs

While bitcoin has been one of the world’s best performing assets over the past 10 years, the cryptocurrency has had its fair share of volatility and price corrections. Q1 2021 hedge fund letters, conferences and more Using d.....»»

Category: blogSource: valuewalkMay 23rd, 2021

Cathie Wood Buys Another $59M In Coinbase As Bitcoin Recovers, Entirely Cuts Apple Stake

Cathie Wood-led Ark Investment Management on Thursday snapped up 254,738 shares, worth about $59.46 million, in Coinbase Global Inc (NASDAQ: COIN) as the cryptocurrency exchange bounced back after a bullish call from analysts. read more.....»»

Category: blogSource: benzingaMay 21st, 2021

Cryptos: Hours after sparking a cryptocurrency selloff, Elon Musk says Tesla ‘has not sold any bitcoin’

Prices of the leading cryptocurrencies stabilized on Monday as Elon Musk took Twitter to clarify about whether Tesla Inc. had sold or may sell its remaining bitcoin assets......»»

Category: topSource: marketwatchMay 17th, 2021

Friday links: every single time

StrategyMichael Batnick, "If you’re riding a big winner, you need to have a game plan." (theirrelevantinvestor.com)As an investor you need to play your own game. (collaborativefund.com)CryptoWhy Grayscale wants to see a .....»»

Category: blogSource: abnormalreturnsMay 14th, 2021

Cathie Wood Cuts Apple Stake By 30% And Buys Coinbase, DraftKings

Cathie Wood-led Ark Investment Management shed more shares of Apple Inc (NASDAQ: AAPL) on Monday, just days after halving its stake in the maker of iPhones and iPads, and snapped up shares of cryptocurrency exchange Coinbase Global Inc (NASDAQ: read more.....»»

Category: blogSource: benzingaMay 11th, 2021

OneDigital acquires Atlanta firm, adds $2.3B in assets

The retirement and wealth planning company continues to build its assets under advisement and extend its reach into lucrative markets......»»

Category: topSource: bizjournalsMay 7th, 2021

Grayscale Investments becomes the first-ever crypto sponsor of an NFL team after inking an exclusive partnership with the New York Giants

The largest crypto asset manager, Grayscale Investments, is now the "Official Digital Currency Asset Management Partner" of the New York Giants. .....»»

Category: smallbizSource: nytMay 5th, 2021

Galaxy Digital to acquire digital assets infrastructure provider BitGo for $1.2 billion in cash and stock

Galaxy Digital Holdings Ltd. , a financial services and investment manager in the digital asset, cryptocurrency and blockchain technology sectors, said Wednesday it has agreed.....»»

Category: topSource: marketwatchMay 5th, 2021