News list for " fund positive"
According to the FT, US foundations and university endowments are ramping up their investment in cryptocurrencies, which, despite their volatility, have far outperformed other asset classes over the past five years, with many who had been sitting on the sidelines now jumping in, fearing they would miss out on a price rise.
On September 24th, referring to the establishment of a stabilization fund, Pan Gongsheng, governor of the People's Bank of China, said in response to questions that he is studying it.
On July 26th, quantitative fund Kbit said that although hedge funds are using proven strategies to profit from the recent influx of US bitcoin and ethereum ETFs, it will be more profitable to continue to invest in the digital asset space. Ed Tolson, founder and CEO of Kbit, said it is necessary to have access to centralized cryptocurrency trading platforms, participate in token trading, perpetual contracts, derivatives themselves. Kbit manages more than $100 million in assets and uses a market-n...
