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Tag: Fund

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Kraken IPO, M&A deals to reignite crypto’s ‘mid-stage’ cycle: fund manager

Kraken’s pending IPO and the wave of crypto companies seeking public listings may help the industry attract more TradFi capital. A potential initial public offering (IPO) next year by cryptocurrency exchange Kraken may attract fresh capital from traditional finance (TradFi) investors. Bitcoin recorded an all-time high price above $126,000 on Oct. 6, but hasn’t recovered…
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Digital Asset Fund Inflows Exceeds $1 Billion Mark in 7 Weeks

Central issues: Computerized resource store saw a record $293 million inflow last week, pushing the 7-week complete past $1 billion for the year. Bitcoin’s year-to-date inflows came to $1.08 billion, with Bitcoin ETP exchanging volumes addressing 19.5% of all out Bitcoin exchanging. Ethereum denoted its most elevated inflows since August 2022 at $49 million. In…
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