Finance News – Funds
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Just 216 Bitcoin holders own over 6 million BTC as market concentration grows
A small group of institutional investors and centralized organizations now controls a substantial portion of Bitcoin’s total supply, highlighting increasing concentration within th...
Read Full Article →The biggest market for AI funds is Europe even as most holdings are American, Morningstar says
European investors represent the largest market for artificial intelligence investment funds, despite the majority of these funds primarily holding companies based in the United St...
Read Full Article →GameStop Stock Falls as Firm Plans $1.75 Billion Raise After Bitcoin Buy
GameStop’s decision to secure an additional $1.75 billion in funding signals a strategic move to support potential cryptocurrency investments and bolster its financial position ami...
Read Full Article →FTX partners with Payoneer to distribute customer refunds
FTX is collaborating with Payoneer to facilitate the return of funds to clients, utilizing the payment platform as a means to manage and streamline the reimbursement process effici...
Read Full Article →Reeves to set out spending plans up to next election
The chancellor’s upcoming budget will outline funding allocations aimed at supporting healthcare, schools, infrastructure development, and various other key sectors through to the...
Read Full Article →Canadian ETFs: More than 30 funds land in May, includes inverse strategies
In May, over 30 new Canadian exchange-traded funds were introduced, expanding investment options with a variety of strategies, including those designed to profit from market declin...
Read Full Article →Ripple commits $5M more toward crypto research in APAC
Ripple has increased its investment in cryptocurrency research across the Asia-Pacific region by an additional $5 million, supplementing the recent $25 million allocated to educati...
Read Full Article →Crypto scammers plead guilty to $37M scheme targeting Americans
Five individuals involved in an international cryptocurrency fraud admitted to illegally obtaining close to $37 million from U.S. citizens and transferring the money overseas.
Read Full Article →Voters reject Reeves’ plans for state power on pension investments
Recent polling indicates that most British voters are against government control over how pension funds are invested, potentially limiting the state's ability to influence economic...
Read Full Article →Crypto exec ran a ‘covert pipeline for dirty money,’ DOJ says
The founder of Evita Pay is alleged to have facilitated the transfer of illicit funds from sanctioned Russian financial institutions into the United States, impacting economic and...
Read Full Article →Australia unmasks $123M crypto laundering ring behind security firm
Authorities uncovered a complex scheme involving cryptocurrency transactions valued at approximately $123 million, highlighting significant challenges in detecting and preventing f...
Read Full Article →Sui DEX restarts, plots open-source move after massive exploit
Following the recent security breach, the impacted liquidity pools on Sui DEX were restored through a mix of recovered assets, existing cash reserves, and a substantial $30 million...
Read Full Article →Bitopro Confirms $11M Hack, Taiwan Crypto Exchange Says It Has Replenished Lost Funds
The recent cyberattack resulted in a substantial monetary loss for the Taiwan-based digital currency platform, which has since restored the missing assets to maintain operational s...
Read Full Article →Trump Media Gets Closer to Truth Social Bitcoin ETF Debut With SEC Filing
A new Bitcoin exchange-traded fund associated with Trump Media is progressing toward launch after regulatory submission, with Yorkville America Digital overseeing the management of...
Read Full Article →How $220M was stolen in minutes: Understanding the Cetus DEX exploit on Sui
The Cetus DEX on Sui experienced a rapid loss of $220 million due to a vulnerability in its mathematical operations, highlighting critical financial risks in decentralized finance...
Read Full Article →Wedbush's Nvidia Bull Dan Ives’ AI ETF Joins Growing List of AI-Focused Funds
The introduction of Wedbush's AI ETF led by Dan Ives highlights increasing investor interest and capital flow into technology sectors driven by artificial intelligence advancements...
Read Full Article →Blow to Thames Water as KKR pulls out of equity raise
Thames Water’s efforts to secure funding and stabilize its financial position faced a setback when a major potential investor decided not to participate in the planned capital incr...
Read Full Article →UK small companies funds surge as government bonds sink
Investment in technology and smaller UK company sectors increased notably in May, outperforming government bond funds, which experienced declines due to volatility in the Treasury...
Read Full Article →Tokenized Securities Trading Venue 21X Adds Circle’s USDC Stablecoin
The integration of Circle’s USDC stablecoin on 21X’s regulated platform enables faster and more secure settlement processes for tokenized financial instruments such as stocks, bond...
Read Full Article →HSBC accelerates private credit pivot with $4bn injection
HSBC's $4 billion commitment to its asset management division highlights a strategic move to expand its presence and influence within the rapidly growing private credit sector valu...
Read Full Article →Taiwanese Crypto Exchange BitoPro Likely Hacked for $11M in May, ZachXBT Says
A suspected cyberattack on the Taiwanese cryptocurrency platform BitoPro in early May resulted in the loss of approximately $11.5 million, with the stolen assets reportedly moved u...
Read Full Article →SEC casts doubt on REX‑Osprey bid to launch staking Ethereum, Solana ETFs
The SEC’s request to postpone the debut of staking Ethereum and Solana ETFs highlights regulatory challenges that could impact the timing and market reception of these new investme...
Read Full Article →Australian Regulator Sues Ex-Director of Crypto Exchange ACX for Mishandling Funds
The legal action against the former executive highlights concerns over the management of client assets following the 2019 collapse, emphasizing potential impacts on investor confid...
Read Full Article →Cetus seeks Sui community nod to unlock $162M to make users whole
Cetus aims to access $162 million by obtaining approval from Sui token holders to restore losses incurred by users due to a recent security breach on the platform.
Read Full Article →Strive Raises $750 Million to Fuel Bitcoin Treasury Purchases
Strive Asset Management secured $750 million in new capital to expand its cryptocurrency holdings, reflecting growing institutional interest in diversifying investment portfolios t...
Read Full Article →BitGo advances FTX repayment amid rising phishing threats
BitGo has begun distributing funds to FTX creditors in a key step toward financial restitution, although recipients cannot access their assets for trading until the end of May.
Read Full Article →Spot bitcoin ETFs log highest volume week of 2025 as BlackRock’s IBIT reaches 30-day streak
The recent surge in spot bitcoin exchange-traded funds reflects increased investor interest and capital inflows, marking one of the strongest periods of trading activity since thei...
Read Full Article →'Absolute tsunami' of ETFs to hit market, and investors need to prepare now, says fund expert
The upcoming release of thousands of new ETFs is expected to significantly increase market complexity, requiring investors to carefully evaluate numerous options to effectively man...
Read Full Article →Stocks vs Funds: Six Different Ways They Impact Your Portfolio
Stocks and mutual funds influence your investment strategy differently by varying in risk, diversification, management style, cost, potential returns, and liquidity, affecting over...
Read Full Article →Ex-SafeMoon CEO faces 45 years after being found guilty on all charges
Braden Karony’s conviction for defrauding investors and misappropriating assets highlights the serious financial consequences individuals may face when engaging in fraudulent activ...
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