Dan Tapiero Projects Crypto Economy Hitting $50T, Launches $500M Fund Under New Firm

Well-known digital asset investor Dan Tapiero is merging private equity firms 10T Holdings and 1RoundTable Partners under a new brand 50T, reflecting his forecast that the digital asset ecosystem will reach a market value of $50 trillion in the next decade. “50T is a natural evolution from our original thesis in 2020 when we launched … Read more

SEC Approves, Immediately Pauses Bitwise’s Bid to Convert BITW Crypto Index Fund to ETF

The Securities and Exchange Commission approved — then abruptly paused — Bitwise’s plan to convert its Bitwise 10 Crypto Index Fund (BITW) into a spot exchange-traded fund (ETF) on Tuesday, raising fresh uncertainty around the agency’s standards for crypto ETFs. The fund holds 90% of its weight in bitcoin (BTC) and ether (ETH), with the … Read more