Finance News – Funds
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Ark Invest Buys More Than 2.5M Bullish Shares on Day of NYSE Debut
Cathie Wood’s investment company significantly increased its position by acquiring over 2.5 million shares across multiple funds, reflecting confidence as the stock gains momentum...
Read Full Article →Fake Law Firms Targeting Crypto Scam Victims, FBI Warns
Cybercriminals impersonating legal and government officials are exploiting previous cryptocurrency scam victims, aiming to deceive them into fraudulent transactions that result in...
Read Full Article →These rural radio stations are a lifeline for their communities. Trump’s cuts threaten their future
Recent federal budget reductions have removed over one billion dollars in support for public media, causing numerous local non-commercial broadcasters to lose essential funding and...
Read Full Article →US spot Ether ETFs see 2nd-biggest inflows on record as ETH nears new high
Investors contributed substantial capital to spot Ether exchange-traded funds this week as the cryptocurrency approached a recent peak, marking one of the highest daily investment...
Read Full Article →How a retired Aussie cop lost $1.2M in a crypto scam in Thailand
As digital currencies become more widely used, individuals face growing financial risks, exemplified by substantial losses resulting from fraudulent schemes targeting investors wor...
Read Full Article →Global investors flock to ex-U.S. markets for better growth, valuations
In July, international investment funds experienced their highest influx in over four years, driven by attractive growth prospects and more favorable valuation levels outside the U...
Read Full Article →BlackRock’s ETHA becomes 4th-largest ETF by 30‑day inflows as Ethereum funds aim for $10B
BlackRock’s ETHA has rapidly gained investor interest, contributing significantly to spot Ethereum ETFs nearing $10 billion in inflows within the past month, highlighting growing d...
Read Full Article →Chinese crypto enforcement leads to $20 million Bitcoin laundering bust
Authorities in Beijing's Haidian District dismantled a significant cryptocurrency laundering scheme involving about 140 million yuan, highlighting increased regulatory efforts targ...
Read Full Article →Bitcoin and Ethereum ETFs Pull in Record-High $11.2 Billion in July
In July, exchange-traded funds focused on cryptocurrency attracted an unprecedented $11.2 billion, highlighting increased investor interest particularly in Ethereum-based assets co...
Read Full Article →Ethereum ETFs Massively Outpace Bitcoin Funds—Why ETH Demand Is Surging
Ethereum exchange-traded funds experienced a substantial increase in inflows this week, attracting significantly more investment capital compared to Bitcoin funds and reflecting a...
Read Full Article →CD Maturing Soon? Move the Funds to a New One—Before the Fed Cuts Rates
Investors with soon-to-mature certificates of deposit may want to reinvest promptly to secure current interest rates ahead of potential reductions by the Federal Reserve.
Read Full Article →BlackRock’s Ethereum ETF Rockets to $10B, Third-Fastest in History
BlackRock’s iShares Ethereum Trust achieved a $10 billion valuation rapidly, marking it as one of the quickest funds to reach this milestone since ETFs began nearly three decades a...
Read Full Article →Centralized exchange WOO X investigates ‘contained incident’ resulting in estimated $14 million loss
The platform experienced a security issue that led to a notable monetary loss of approximately $14 million, prompting collaboration with external experts to recover assets and comp...
Read Full Article →FTX to start next creditor payout on Sep. 30 with $1.9 billion granted by court
The court’s approval to lower the claims reserve by $1.9 billion enables FTX to begin releasing payments to creditors starting September 30, marking a key step in the bankruptcy pr...
Read Full Article →Crypto 'control' takes center stage at Roman Storm trial
During the trial, testimony revealed that Roman Storm exercised authority over certain assets linked to the cryptocurrency mixing platform, highlighting important aspects of financ...
Read Full Article →Asymmetric shifts funds strategy after investor posts losses on X
Following a reported $10 million setback on social media platform X, the crypto hedge fund is adjusting its investment approach by moving away from readily tradable assets.
Read Full Article →Denver Pastor, Wife Indicted in Alleged $3.4 Million Crypto Scam
Authorities claim the couple diverted millions from cryptocurrency investments to finance high-end personal expenses, including dental work, designer accessories, recreational vehi...
Read Full Article →How Russia is using Kyrgyzstan’s crypto market to bypass sanctions: report
A recent analysis reveals that the rapid growth of Kyrgyzstan's cryptocurrency sector is enabling certain networks to transfer funds internationally while avoiding financial restri...
Read Full Article →Is a $10K ETH Christmas rally now base-case? As Ethereum ETFs pull in $4 Billion in 2 weeks
The recent influx of over $4 billion into Ethereum-focused ETFs within two weeks reflects growing investor confidence and significantly increases the total assets managed by these...
Read Full Article →DOJ Seeks to Return Millions in Crypto to Alleged Victims of $97M Oil and Gas Scheme
Federal authorities aim to recover substantial digital assets linked to a fraudulent energy investment, highlighting the scale of financial misconduct involving multiple intermedia...
Read Full Article →Dan Tapiero sees crypto ecosystem reaching $50 trillion as he launches new $500 million fund under 5...
Dan Tapiero has combined his previous funds into a newly branded firm and introduced a $500 million growth equity fund, anticipating substantial expansion in the cryptocurrency mar...
Read Full Article →Bitcoin ETFs 12-day winning streak ends with $130m outflows
Following a sustained period of consistent investments, Bitcoin exchange-traded funds experienced a notable reversal as investors withdrew approximately $130 million, signaling a s...
Read Full Article →Falcon Finance withdraws all funds from centralized exchanges
Falcon Finance's decision to remove its assets from centralized platforms reflects a strategic move aimed at minimizing exposure to potential operational and cybersecurity risks in...
Read Full Article →Private equity boom: Nearly 9 in 10 accountancy firms approached last year
A substantial majority of UK accountancy firms experienced increased engagement from private equity investors last year, indicating strong mutual interest in significant financial...
Read Full Article →XRP lags Ripple ETF as AUM nears $500 million milestone
The fund associated with XRP has attracted nearly $500 million in assets, demonstrating stronger performance by aiming to deliver twice the daily returns compared to the cryptocurr...
Read Full Article →They trusted a sealed wallet from TikTok, and it cost them $6.9M
A counterfeit hardware wallet obtained through a social media platform resulted in a $6.9 million loss, highlighting increased risks to digital asset security amid growing cyber th...
Read Full Article →NCA Officer Who Stole Bitcoin From Crime Network Jailed for Five and a Half Years
The conviction of the officer involved highlights the recovery of valuable cryptocurrency assets, emphasizing the ongoing efforts to combat financial crimes involving digital curre...
Read Full Article →NCA insider busted for stealing £4.4 crypto seized from Silk Road
A former National Crime Agency officer was sentenced for unlawfully taking 50 bitcoins, valued at approximately £4.4 million, which were confiscated during the Silk Road 2.0 invest...
Read Full Article →Ethereum ETFs attract record $726 million, pushing ETH price above $3,400
Institutional investment in Ethereum-focused exchange-traded funds surged significantly, reflecting growing confidence and contributing to a notable increase in the cryptocurrency’...
Read Full Article →Big launch, small gains: Bobby Jain struggles to match hedge fund giants
Jain Global's initial year highlights the considerable challenges and costs involved in establishing a new multi-strategy hedge fund capable of competing with well-established indu...
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