Asia Morning Briefing: Crypto’s Rising Leverage Trades Show Signs of Stress, Galaxy Digital Says

Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Leverage in crypto markets is surging back to bull-market levels, even … Read more

Brevan Howard, Goldman Sachs and Harvard Lead Billions in Bitcoin ETF Buying Spree

Wall Street ramped up its exposure to bitcoin in the second quarter, adding positions not only in spot bitcoin exchange-traded funds (ETFs) but also in U.S. stocks closely tied to the cryptocurrency’s price, according to new filings with the Securities and Exchange Commission (SEC). Brevan Howard nearly doubled its position in BlackRock’s iShares Bitcoin Trust … Read more