Asset Management News

Goldman Sachs' Gary Black closed his TSLA position after the company purchased $1.5B in BTC, dodging a 28% crash. Now he’s calling for the company to dump Bitcoin for share buybacks.

Eric Balchunas said the Purpose Bitcoin fund could surpasses all other ETFs in Canada within two months, "barring a nasty selloff."

“Holding some portion of what you hold in cash in things like crypto seems to make some sense to me," said Rick Rieder.

“Long Bitcoin” has once again flipped “long tech” as the most crowded trade based on Bank of America's recent fund manager survey.

Arca will use the funding to beef up its infrastructure and expand its crypto asset-class offerings.

Asset managers around the globe are losing confidence in the dollar, encouraging them to seek out inflation-resistant investments for their clients.

Cryptocurrency hedge funds’ assets under management doubled in 2019, but the launch of new funds depends on Bitcoin prices.

A decentralized VC group is launching a series crypto index funds to help bring new capital from the traditional financial markets to the crypto industry.