Binance Launches New Platform for VIP and Institutional Crypto Investors

Crypto exchange Binance has launched a new platform for VIP and institutional investors.

Binance Launches Institutional Platform for VIP High Rollers

It’s not crypto winter at Binance, as the world’s biggest crypto exchange launches a platform for institutional investors.

Institutional Investors Are Ditching Ethereum in Favor of One of Its Biggest Rivals, According to CoinShares

A leading digital assets manager finds institutional investors are buying into Solana (SOL) over Ethereum (ETH) as markets tumble.

Crypto lender Babel Finance halts withdrawals due to liquidity pressures

Hong Kong-based asset manager Babel Finance is the latest crypto lending firm to signal the growing crisis of the cryptocurrency lending industry amid the bear market. Hong Kong-based asset manager Babel Finance is the latest cryptocurrency lending firm experiencing some serious issues amid the ongoing market downturn.Babel Finance officially announced June 17 a temporary suspension of redemptions and withdrawals from its products, citing “unusual liquidity pressures.”“Recently, the crypto market has seen major fluctuations, and some institutions in the industry have experienced conductive risk events,” the statement on Babel Finance's website reads.The firm said that it’s in close communication with “all related parties” on the matter and is doing its best in order to best protect its customers.Founded in 2018, Babel Finance is a major cryptocurrency financial services provider, offering crypto lending, asset management and financing services to institutional investors.

GBTC premium hits -34% all-time low as crypto funds ‘puke out’ tokens

Dark days for crypto institutional investors as contagion fears are magnified and asset prices tumble. The largest Bitcoin investment vehicle, the Grayscale Bitcoin Trust (GBTC), is now trading at its biggest ever discount to the spot market.Data from on-chain analytics resource Coinglass shows GBTC shares down 34% versus BTC/USD on major exchanges as of June 17.GBTC suffers in market downturnAmid continued turmoil in DeFi spilling over to infect the crypto market, conditions have deteriorated for investors big and small.The latest figures now show that institutions have definitively failed to avoid the contagion, and the already underperforming GBTC has hit new lows.The GBTC premium, long a misnomer due to the fund’s shares in fact costing less than Bitcoin itself, is circling its lowest values in history.

Bitcoin Crash Sends Institutional Investors Running For The Hills

Small and retail investors are not the only ones getting hit hard by the Bitcoin crash.

Solana (SOL) Dominating Institutional Capital Flows for 2022 As Crypto Carnage Continues: CoinShares

Data from leading digital asset manager CoinShares suggests that throughout 2022, institutional investors have shown a heavy preference to smart contract platform Solana (SOL).

Institutional Investors Buying Bitcoin Weakness As VC Firms Accelerate Interest in Crypto: Glassnode Co-Founders

The co-founders of leading blockchain analytics firm Glassnode are revealing that institutional investors are loading up on Bitcoin as BTC trades below the $30,000 level.

Institutional Investors Refocus On Bitcoin As Market Losses Intensifies

The recent market losses have seen institutional investors shift their focus once more to bitcoin.

Institutional Investors Flock to Safety of Bitcoin As Altcoins See Almost No Capital Flows: CoinShares

A leading digital assets manager says that institutional investors are converging toward the safety of Bitcoin (BTC) as altcoins see very little capital flows.

Amid crypto bear market, institutional investors scoop up Bitcoin: CoinShares

Bitcoin investment funds are seeing positive inflows while Ether funds continue to be drained, according to industry data.

Global Web3 metaverse and tax initiatives continue in the face of a market meltdown

Web3 developers, institutional investors and regulators preparing to tax metaverse profits remain stable despite all the turbulence in the digital assets market. In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain.In 2021, nonfungible tokens became the biggest disrupter in art, with artists minting, exhibiting and auctioning them and investors buying, selling and trading them.

Over 200K BTC now stored in Bitcoin ETFs and other institutional products

Bitcoin ETPs now have more BTC under control on behalf of clients than ever before. Bitcoin (BTC) investment vehicles are seeing “gargantuan” inflows this month, which is a fresh sign that traders’ appetite for BTC exposure is mounting.Data from monitoring firm Arcane Research published this week shows that Bitcoin exchange-traded products (ETPs) now have record high BTC under management."Happier days" for Bitcoin ETPs as buyers pile inDespite BTC price action failing to draw in buyers at over 50% below all-time highs, not everyone is feeling risk-off.According to Arcane’s data, Bitcoin ETPs have seen a flurry of interest from institutional investors both this month and last.In total, Bitcoin ETPs, which include products such as the ProShares Bitcoin Strategy exchange-traded fund (ETF), now have 205,000 BTC under their control — a new record.“While the May recovery was strong in ETPs, June has seen even happier days!” Arcane analyst Vetle Lunde told Twitter followers while uploading the numbers on June 2.“The first two days of June have seen gargantuan net inflows to Purpose, 3iQ Coinshares, and BITO, pushing the global BUM to a new all-time high of 205,008 BTC.”Bitcoin ETF investment chart.

Institutional Investors Turn To Competitors As Ethereum Tumbles

As the crypto market has taken a turn for the worse, institutional investors are phasing out their investments in Ethereum.

Institutional Investors Are Now Accumulating Bitcoin and One of Ethereum’s Biggest Competitors: CoinShares

New data shows institutional investors are jumping on the opportunity to buy Bitcoin and one of Ethereum’s main competitors.

Asset Management Titan Fidelity To Offer Ethereum (ETH) Trading and Custody Services: Report

Financial services giant Fidelity is reportedly preparing to expand its crypto assets division, which is focused on appealing to institutional investors.