Bitwise Takes Over ETC Group - Home To Europe's Largest Bitcoin Fund
August 19, 2024--In a strategic move to expand its presence in Europe and the broader crypto industry, asset manager and Bitcoin exchange-traded fund (ETF) issuer Bitwise Investment has sealed a deal to acquire ETC Group, a major crypto issuer headquartered in London. |
Bitwise Doubles Down On Institutional Bitcoin
While specific terms of the transaction remain undisclosed, Bitwise announced on Monday that following the finalization of the deal, the San Francisco-based company will be entrusted with managing a substantial $4.5 billion in assets. |
ESAs warn of risks from economic and geopolitical events September 10, 2024--The three European Supervisory Authorities (EBA, EIOPA and ESMA-ESAs) today issued their Autumn 2024 Joint Committee Report on risks and vulnerabilities in the EU financial system. The Report underlines ongoing high economic and geopolitical uncertainties. |