Jun 30, 2021 12:35

ARK Invest Files to Launch Bitcoin ETF

Cathie Wood-founded investment firm Ark Invest has joined the race to launch a Bitcoin ETF, filing  with  the SEC.

Cathie Wood is a vocal supporter of Bitcoin and recently stated that the cryptocurrency will not stop at a trillion-dollar market cap.

We talked in more detail about what a Bitcoin ETF is and why everyone talks about them so much in our video .

Morgan Stanley Buys Bitcoin Through Grayscale

One of America's largest banks, Morgan Stanley, owns shares of GBTC through the Grayscale bitcoin trust. 

Morgan Stanley Europe Opportunity Fund owned 28,289 shares of GBTC worth $1.3 million as of April 30, according to an SEC filing .

Elrond Announces Partnership with Saito

Elrond has partnered with the Saito project to enable developers to use eGold and other tokens issued on the Elrond network in web applications and games running on the Saito decentralized peer-to-peer network.

Saito is an open network that runs crypto applications in browsers without plugins, private APIs, or closed infrastructure.

A16z invests $12 million in Nansen

Analytics platform Nansen has raised $12 million in a Series A funding round led by Andreessen Horowitz (a16z). 

“I think a16z invested in us because they recognize that for the future of finance to become a reality, you need high-quality data analytics ,” said Nansen CEO Alex Svanevik.

Skyfall Ventures, Coinbase Ventures, imToken Ventures, Mechanism Capital and QCP Capital also participated in the round.

Earlier, Andreessen Horowitz launched its 3rd crypto fund for $2.2 billion.