By Marco Piccolo Key highlights: Bitwise CIO Matt Hougan believes Solana could see strong gains by year-end, citing parallels with past Bitcoin and Ethereum rallies. Multiple spot Solana ETF filings are awaiting SEC decisions, with approvals potentially arriving by October. Institutional support is rising, with $1.65 billion pledged to a new Solana-focused treasury company. Trade […]
Tag: AUM
By Emir Abyazov Key highlights: Ethereum ETFs saw $1.4B inflows vs Bitcoin’s $748M last week. August inflows totaled $4.37B; AUM dropped 10% to $219B. Solana and XRP ETFs gain traction ahead of potential U.S. ETFs. Ethereum outpaces Bitcoin in institutional investment Ethereum ETFs continue to outperform Bitcoin products, attracting $1.4 billion in net inflows […]
By Marco Piccolo Key highlights: JPMorgan Asset Management has committed up to $500 million to Numerai, significantly boosting the AI hedge fund’s investment capacity. Numerai’s global equity hedge fund delivered over 25% net return in 2024, outperforming many quant competitors. The news triggered a 95% weekly surge in Numeraire (NMR), the platform’s native cryptocurrency. Trade […]