BlackRock launches $100 million tokenization fund on Ethereum, signaling traditional finance's embrace of blockchain. CEO Larry Fink's interest reinforces strategic focus on digital assets. Speculation arises on impact on DeFi and Web3, raising questions about stance on decentralization.
Huang BoBloomberg analysts say: Schwab is not first to the market on anything, but when they do it will have a negative impact
JinseFinanceThe next fund to cross the $2 billion mark is likely to be Fidelity’s Wise Origin Bitcoin Fund (FBTC), which held just under 44,000 Bitcoins as of January 25.
JinseFinanceFrom a regulatory perspective, this may indicate pressure on the SEC to approve a spot BTC ETF.
JinseFinanceThe company has also named Leon Marshall as its Europe CEO.
ClementSamsung Asset Management (Hong Kong) Limited (“SAMHK”) announced that it will launch the first Asia-Pacific metaverse theme actively managed ETF in Hong Kong in July, named Samsung Asia Pacific ex NZ Metaverse Theme ETF (stock code: 3172.HK ).
CointelegraphSamsung Asset Management acquired a 20% equity stake in the U.S. ETF provider Amplify Holding Company in March 2022.
CointelegraphSwiss asset manager Julius Baer is set to offer cryptocurrency exposure to its high-net-worth clientele.
CointelegraphSo many metaverses, so little interoperability: isolation between different metaverses is likely to be the main challenge to overcome in achieving mass adoption.
CointelegraphSo many metaverses, so little interoperability: The isolation of different metaverses from each other might be the main challenge to overcome to gain mass adoption.
Cointelegraph