Big Wall Street Investors Bought Into Bitcoin ETFs in Q2
Goldman Sachs, Morgan Stanley and hedge funds like Renaissance Technologies loaded up on spot bitcoin ETFs in the second quarter.
Crypto adoption grows among brokerages, but regulators remain skeptical
A FINRA study found nearly 400 firms, or 65% of the broker-dealers surveyed, have some hand in crypto assets and trading, as the once-novel asset class becomes normalized. But that still doesn't make it normal for regulators.
FICO Stock Slips After Filings Show Top Execs Sold Shares
Shares of credit score provider Fair Isaac (FICO) fell Thursday after SEC filings showed selling activity by company insiders.
Stock market today: Indexes rise after retail sales boosts confidence on the consumer and the economy
Indexes rose after a surprise 1% jump in retail sales. Bond yields jumped as traders dialed back fears of an imminent economic slowdown.
Goldman Sachs Joins Morgan Stanley in Holding Bitcoin ETFs as Institutional Interest Grows: 13F Wrap
Investment advisors including Wall Street giants Goldman Sachs and Morgan Stanley were among the biggest holders of spot ETFs as of June 30 as clients amped up their crypto allocations to a total of $4.7 billion.
Goldman Sachs Joins Morgan Stanley in Holding Bitcoin ETFs as Institutional Interest Grows: 13F Wrap
Investment advisors held more than $4.7 billion worth of U.S.-based spot bitcoin exchange-traded funds as of the end of the second quarter.
Bitcoin's Programmability Draws Closer to Reality as Robin Linus Delivers 'BitVM2'
New "BitVM2" paper from Robin Linus and a team of co-authors marks a leap forward from the initial design. Project would rely on advanced cryptography and a novel design to facilitate a secure "bridge" for transferring bitcoins from the main network to auxiliary networks known as "rollups." Unlike the earlier incarnation, BitVM2 is "permissionless," allowing anyone to challenge suspicious transactions, not just a fixed set of operators.
Wild and ‘Worrying’ Stock Rally Mints Billionaire in Brazil
(Bloomberg) -- A massive jump in the shares of a Brazilian waste management company has vaulted its founder into the ranks of billionaires in the South American country.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Warehouse Store Promises Housing for South LA, in BulkBiden Invests $100 Million to Fuel Housing ConstructionThe Cross-Continental Race Using Only Public TransitShares of Ambipar Participacoes e
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