ChainCatcher news, according to Coindesk, Indian cryptocurrency exchange CoinDCX has acquired the trading platform BitOasis, with the specific acquisition amount not disclosed. This marks its first entry into the Middle East and North Africa (MENA) market, and the acquisition will help BitOasis expand its business in the region.It is reported that CoinDCX is one of the most well-known cryptocurrency exchanges in India, with over 15 million users and a quarterly spot trading volume exceeding $840 million. Previously, BitOasis had obtained a license to operate brokerage services in Bahrain and has secured operating licenses in its home country, the UAE.

ChainCatcher news, ARK Invest, led by Cathie Wood, reduced its holdings of 237,983 shares of ProShares Bitcoin Strategy ETF (BITO) on April 25, valued at over 6.7 million dollars.

ChainCatcher message, based on BNB Chain, tom is the first incubation project of the Bitocean Web3 incubator, with a total issuance of 12 million pieces, which will be launched on Pancakeswap on the evening of February 10. tom serves as a ticket to join tomDAO, participating in the entire process of incubating emerging projects and receiving corresponding dividends, and tom can also be used as a payment medium outside the ecosystem.Bitocean also offers various features, including funding support for quality projects provided by the Bitocean Foundation, Bitocean NFT, and reward systems.

ChainCatcher news, according to Coinglass data, the total assets under management of Bitcoin ETFs reached $29.16 billion.Among them, the top three Bitcoin ETFs by assets under management are: GBTC with assets under management of $23.54 billion; BITO with assets under management of $2.28 billion; IBIT with assets under management of $1.17 billion.

ChainCatcher news, Bloomberg analyst Eric Balchunas tweeted that ARK sold its entire remaining GBTC position (which was the largest holding in ARKW a month ago) and used about half of the funds, around $100 million, to purchase BITO, "likely as a liquidity transition tool."

ChainCatcher news, ProShares' Bitcoin Strategy ETF (BITO) reached an asset under management (AUM) of $1.47 billion this week, setting a new high since December 2021.

ChainCatcher news, according to Bloomberg, Dubai-based cryptocurrency exchange BitOasis has completed a new round of financing from investors including Indian digital asset platform CoinDCX, but the terms of the deal and valuation have not been disclosed. The company stated that current investors also include Wamda and Jump Capital.It is reported that BitOasis was founded in 2016 and operates in countries such as the UAE, Saudi Arabia, Bahrain, and Kuwait. According to the company, BitOasis raised $30 million in funding in 2021.

ChainCatcher news, according to The Block data, ProShare's BITO fund saw inflows of $14.9 million and $11.9 million on June 29 and July 3, respectively, bringing its total assets under management to $1.04 billion. In comparison, the fund's assets under management were $822 million on June 15 (the day BlackRock submitted its ETF application). (source link)

ChainCatcher news, according to data released by Bloomberg senior ETF analyst Eric Balchunas on social media, the ProShares Bitcoin Strategy ETF (BITO) from asset management company ProShares has once again surpassed the $1 billion mark in assets. The performance of BITO is almost identical to that of Bitcoin, and this ETF also set a record for the largest single-week inflow of funds in 2023. (Source link)

ChainCatcher news, according to Tech in Asia, FTX holds 99% of the shares in the Indonesian cryptocurrency exchange Bitocto, with the remaining 1% owned by the Hong Kong crypto platform Genesis Block. The market development director of Bitocto stated that customer funds and assets are safe because the company's systems are not integrated with FTX.It is reported that Bitocto is one of the 25 officially regulated cryptocurrency trading platforms under Indonesia's cryptocurrency regulatory authority, the Commodity Futures Trading Regulatory Agency (Bappebti), and is categorized under the same Dotcom silo as FTX's Japanese subsidiary Liquid, European subsidiary Digital Assets AG, and FTX US Derivatives (formerly LedgerX). (source link)

ChainCatcher news, according to foreign media reports, Mastercard has reached a strategic partnership with the cryptocurrency trading platform BitOasis, expecting to launch a cryptocurrency-supported debit card in the Middle East and North Africa (MENA) in early 2023. BitOasis customers will be able to convert their held cryptocurrencies into fiat currency, allowing consumers to shop and pay easily at over 90 million merchant locations worldwide.It is reported that the cryptocurrency trading platform BitOasis in the Middle East and North Africa announced last October that it had completed a $30 million Series B financing, led by Jump Capital and Wamda, with participation from Alameda Research, Global Founders Capital, Pantera Capital, Digital Currency Group, and NXMH. (source link)