Report: Bitcoin (BTC) investment products declined in November
Bitcoin-based investment products have returned negative gains in the month of November while other digital assets have been mostly positive.
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Morgan Stanley, through three of its funds, cumulatively holds over 6.5 million Graycale’s Bitcoin shares which are worth over $300 million.
Celsius’ valuation could rise to $10 billion in 2022 as it raises it eyes a $750 million funding round.
In bid to improve standings with regulators, Binance is seeking new fundings from some sovereign wealth funds.
Institutional investment into Bitcoin within the last one year is now over $6 billion with Solana seeing around $43 million within the space of one month.
MoonPay has closed series A funding with a whopping $555 million investment led by Tiger Global Management
CoinShares data reveals a spike of inflows towards Cardano and Ethereum as compared to Bitcoin whose prices have taken a sudden plunge on Tuesday.