Grayscale has announced the addition of Anchorage as a secondary custodian for seven of its exchange-traded products (ETPs), as highlighted by CryptoTwitter commentator @JSeyff. This development is particularly relevant as it underscores the growing institutional interest in cryptocurrency assets. With Anchorage’s involvement, Grayscale aims to bolster its custodianship capabilities, which may positively influence investor confidence
The US services prices gauge reached a four-year high in September even as growth slowed, a combination that could keep leveraged Bitcoin positions exposed to restrictive financing conditions. The October 5 survey pairs softer activity with more widespread reports of rising input costs. The Institute for Supply Management’s services report, issued on its October 5
Artificial intelligence and digital assets are beginning to converge, with AI models showing a preference for bitcoin and stablecoins, according to research cited by BlackRock . In a new report, the $15 trillion Wall Street giant said that card networks and automated clearing houses involve human-driven onboarding, fees that make tiny payments uneconomic and slower
Franklin Templeton’s tokenized U.S. Treasury bills have increased by $87 million in market cap over the past week, according to a recent tweet by the commentator @tokenterminal. This growth is part of a broader trend in the digital asset space, where tokenized instruments are gaining traction. The implications of this trend could reshape investor interest
CoreWeave stock climbed to $91.90 on Tuesday, tracking gains across other neocloud companies such as IREN and Nebius. The shares are now up more than 50% from their lowest level this year. Still, despite this strong rally, the company faces substantial risks ahead. CoreWeave stock jumps as AI companies rally The ongoing CRWV stock rebound
The UK government has appointed six major banks to lead the issuance of its first digitally native government bond, with the pilot expected by the first quarter of 2027. Barclays, HSBC, Lloyds, Morgan Stanley, NatWest and RBC Capital Markets were named joint lead managers for the Digital Gilt Instrument (DIGIT) following a competitive procurement process.
A majority of affluent investors across seven of the biggest economies hold digital assets, with crypto accounting for around 10% of their portfolios on average, according to a new CoinShares survey. The survey covered 2,230 investors with at least $500,000 in investable assets across the US, UK, France, Germany, Italy, Sweden and Switzerland. Digital asset
Early adoption of Russia’s central bank digital currency, the digital ruble, has vastly exceeded forecasts, with more than 220,000 accounts opened in its first month, offering an early test of whether CBDCs can move beyond pilot programs and gain real-world adoption. As Reuters reported Tuesday, Russian central bank Deputy Governor Zulfiya Kakhrumanova said the figure
In its infancy, the crypto sector was bent on creating entirely new types of assets. First came Bitcoin and its derivatives, then Ether and its competitors. Governance tokens, NFTs, and memecoins all followed a formula: create a new digital asset class and build a market around it. As the industry has matured, however, its focus
ARKInvest has emerged as a key player in the investment landscape, particularly regarding OpenAI exposure in publicly listed funds. In a recent analysis, @JSeyff noted that ARKInvest’s funds exhibit the highest weight of OpenAI assets. Meanwhile, Fidelity commands the largest dollar exposure spread across at least 19 different funds, indicating a significant institutional interest in