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Showing 21 - 30 of 186 results for "bitcoin"

Future Group, family offices back US$100m AI-focused fund

MATTHEW WAI  |  TUESDAY, 18 MAR 2025
... 2022 and the Inevitable Gaming Fund in April 2024, which has already recorded 180% growth since its launch, outpacing Bitcoin's performance over the same period, King River Capital said. The firm has over $1.2 billion assets under management. It also ...

'Incompetent' adviser permanently banned by ASIC

MATTHEW WAI  |  FRIDAY, 14 MAR 2025
... financial adviser" as he ought to have been alerted to potential 'red flags', including the payment to subsequent fees to a Bitcoin wallet of an alleged banking institution. ASIC said the ability to identify and distinguish such warnings is necessary ...

MLC wary of but not opposed to bitcoin

ELIZA BAVIN  |  MONDAY, 24 FEB 2025
MLC chief investment officer Dan Farmer said MLC is open to the possibility of investing in bitcoin in the future, but now is not the right time. "Like many institutional investors, we remain in the 'not now', rather than 'not ever' to bitcoin camp," ...

Betashares launches Bitcoin, Ethereum ETFs

ANDREW MCKEAN  |  THURSDAY, 20 FEB 2025
Betashares has rolled out Bitcoin and Ethereum ETFs on the ASX today, saying the launches are part of a "global turning point" in the crypto investment landscape. The new funds - Betashares Bitcoin ETF (ASX: QBTC) and the Betashares Ethereum ETF (ASX ...

Dimon 'cautiously pessimistic' on US economy

KARREN VERGARA  |  FRIDAY, 17 JAN 2025
... write it off. "We are going to have some kind of digital currency at some point. I'm not against crypto. You know, Bitcoin itself has no intrinsic value. It's used heavily by sex traffickers, money launderers, ransomware," he said. "I just don't ...

Industry breaks records for assets, flows, and product launches

ANDREW MCKEAN  |  TUESDAY, 14 JAN 2025
... exposures," crypto and technology-focused ETFs were the industry's top performing products. The Global X 21Shares Bitcoin ETF (EBTC) was the best performer (146%), followed by the Global X FANG+ ETF (65.7%), and the Munro Climate Changers Leaders ...

Bitcoin now 7th largest global asset

ELIZA BAVIN  |  TUESDAY, 14 JAN 2025
Bitcoin finished 2024 up 123.4%, ranking as the seventh largest global asset by market capitalisation, according to new research from Binance Australia. However, momentum stalled in late December when the US Federal Reserve scaled back its planned 2025 ...

Bitcoin returns 147%, outshines bull market

KARREN VERGARA  |  FRIDAY, 10 JAN 2025
Bitcoin reaped nearly four times more in returns compared to US equities during 2024, achieving 147% and trumping all the major asset classes. According to a VanEck and Bloomberg analysis, US equities delivered 38.2% for the year while global equities ...

Bull market buoys super funds' 2024 returns

MATTHEW WAI  |  WEDNESDAY, 8 JAN 2025
... this exposure by buying from motivated sellers at deep discounts." Shelley also added the ground-breaking investment in Bitcoin through its Dynamic Asset Allocation program has made a "positive contribution". Meantime, ASFA chief executive Mary Delahunty ...

AMP defies super fund herd with Bitcoin bet

ANDREW MCKEAN  |  TUESDAY, 17 DEC 2024
AMP has dared to go where no super fund has gone, taking the plunge with a "modest allocation" to Bitcoin, even as other industry heavyweights stand resolute in their rejection of the digital asset. Last week, AMP senior portfolio manager Steve Flegg ...