ChainCatcher message shows that, according to SoSoValue data, the Bitcoin funding rate briefly exceeded an annualized 100%, and has now fallen back to 79.33%. Meanwhile, the Fear and Greed Index (FGI) has reached 84, indicating that the market is in a state of extreme greed.Note: The Bitcoin funding fee is based on the difference between the perpetual contract price and the spot price, and is a fee paid periodically to long or short traders. The annualized funding rate is calculated from the Binance real-time funding rate, which is the funding rate every 8 hours x 3 x 365.

ChainCatcher news, according to the latest report from Pantera, the Pantera Bitcoin Fund has recently achieved a milestone of 1000 times growth, with a post-election surge causing the fund's share price to rise an additional 30%, bringing the fund's lifetime return since inception to 131,165%. Pantera purchased 2% of the world's Bitcoin from 2013 to 2015.Over the years, it has made efforts to help the community in various ways. Therefore, when Expedia announced in 2014 that it would accept Bitcoin, all travel expenses on Expedia were paid with Bitcoin. In 2015, the team spent 59 nights on the road, averaging 1.5 BTC per night, totaling 88 Bitcoins, which at current prices amounts to $8,683,136, enough to buy two hotels.

ChainCatcher news, cryptocurrency investment firm Pantera Capital stated that its launched Pantera Bitcoin Fund has increased over 1000 times to date. The surge after the U.S. presidential election further boosted the fund by 30%, bringing the fund's lifetime return rate to 131,165% (after fees and expenses).Pantera Capital noted that when it launched the Bitcoin Fund in 2013, it purchased 2% of the world's Bitcoin. Additionally, Pantera pointed out that currently 95% of financial wealth has yet to enter the blockchain space, and these institutions are just beginning this massive transition. When this transition occurs, the price of Bitcoin could reach $740,000.

ChainCatcher news, according to Bloomberg, the Alpha Long Biased strategy fund under investment management company Pythagoras has performed remarkably since its launch, with a year-to-date increase of 230% (206% after fees), consistently outperforming Bitcoin except for two months. The fund was launched a few weeks before the approval of the spot Bitcoin ETF in January 2024.The fund's investment portfolio employs a tri-partite allocation: one-third is allocated to core Bitcoin holdings, one-third utilizes a trend-following strategy (which can flexibly adjust to 2x leverage based on market conditions), and the remaining one-third is allocated to market-neutral, beta-neutral, and dollar-neutral long-short strategies. The fund's founder, Mitchell Dong, stated that the product aims to provide investors with an investment option superior to the spot Bitcoin ETF.

ChainCatcher news, Rumble CEO Chris Pavlovski expressed interest in adopting a Bitcoin funding strategy, leading to an increase in Rumble (RUM) stock price during Tuesday's afternoon trading session in the U.S.Pavlovski asked on X: "Should Rumble add Bitcoin to its balance sheet?" MicroStrategy (MSTR) CEO Michael Saylor replied: "Yes, I would love to discuss why and how with you."It is reported that Rumble's revenue for the third quarter was $25.1 million, a 39% increase compared to the same period last year. Its balance sheet shows cash and cash equivalents of $130.8 million. Year to date, the company's stock price has risen 26%, with a current market capitalization of approximately $1.6 billion.

ChainCatcher news, according to Decrypt, Australian crypto fund management company DigitalX plans to position itself as a "flag bearer" for digital assets, preparing for a "mainstream moment" for the crypto industry after significant breakthroughs and global political shifts (especially in the U.S.). DigitalX announced on Thursday that the company is significantly cutting operational costs, with a restructuring of the fund management team, resulting in an annual cost reduction of $950,000 (614,000 AUD).Meanwhile, its Bitcoin fund boasts an annual return of up to 99%, outperforming its competitors over multiple time frames, with a 12% return over six months and a 30% return over three years. According to the company's latest shareholder update, its digital asset fund, despite a slight decline of 2.1% last quarter, has still achieved a return of over 526% over the past five years.The company acknowledges that, despite solid performance, it still faces several challenges in raising management funds and points out that the potential investor market is relatively small compared to traditional investment products.

ChainCatcher news, Matrixport released its daily chart, indicating that the Bitcoin funding rate has soared to 37%, reaching its highest level since March 2024, reflecting a general bullish sentiment in the market. The futures open interest has also significantly increased from $16 billion in September to $28 billion.Given that Trump's inauguration will take place on January 20, 2025, the market has ample time to maintain this bullish momentum. Matrixport predicted a year-end target of $100,000 in its October report "Matrix on Target," and this milestone may be achieved ahead of schedule.

ChainCatcher news, according to CoinDesk, the decentralized venture capital firm Maelstrom, supported by Arthur Hayes' family office, announced Jon Atack as the second recipient of its Bitcoin funding program.It is reported that Atack started contributing to Bitcoin Core in 2019 and was recently appointed as the maintainer and editor of the Bitcoin Improvement Proposal (BIP) repository.

ChainCatcher message, Trader T posted data on social media stating that Fidelity FBTC's fund behavior in Bitcoin is currently leaning towards bullish.

ChainCatcher news, Matrixport released a chart stating that the trading volume in the Korean market is highly correlated with the Bitcoin funding rate, as Korean trading users have significant influence in the market. As trading volume declines, the annualized Bitcoin funding rate also decreases. Recently, the trading volume has been below $1 billion for three consecutive days, which may indicate that the funding rate will further decline.However, with the approach of the Korean Blockchain Week, market activity and sentiment may rebound.

ChainCatcher message, Matrixport released a chart on platform X stating that the Bitcoin funding rate has turned negative. August (and September) has historically been a month of decline for Bitcoin, and this year seems no exception.The significant volatility in Bitcoin futures positions in May and July drove prices up. However, with the funding rate now turning negative, the market is experiencing a downward trend.Despite this, the current position open interest remains as high as $17.8 billion, compared to $16 billion in May and July, indicating that there may be more liquidations before a rebound occurs.

ChainCatcher news, BlackRock is nearing becoming the world's largest Bitcoin fund. Since its launch four months ago, BlackRock's Bitcoin spot ETF has reached an asset management scale of $16.7 billion, trailing Grayscale's GBTC by less than $1 billion. Grayscale, on the other hand, has a 10-year head start, with total assets under management of $28 billion.In addition, BlackRock recently launched a tokenized treasury fund, and cryptocurrency hedge funds and market makers have begun using it as collateral for trading tokens.BlackRock's Chief Operating Officer Rob Goldstein revealed that entering the Bitcoin market has been a multi-year, very thoughtful journey aimed at bringing BlackRock's institutional quality into the ecosystem.Official data shows that as of May 13, Grayscale's GBTC holds 289,348.7762 BTC. Meanwhile, BlackRock's IBIT holds 274,755.1419 BTC as of May 10, with a difference of approximately 14,593.6343 BTC between the two. (Financial Times)

ChainCatcher news, according to CoinDesk, Bitcoin ETF provider Valkyrie has added BitGo as the second custodian for its Bitcoin fund (BRRR) to mitigate risk.It is reported that this marks it as the first ETF provider to diversify its token custody by introducing BitGo's expertise, with Coinbase already serving as the custodian.

ChainCatcher news, according to The Block Pro, Wilshire Phoenix has submitted a new S-1 amendment for its Bitcoin fund (wShares Bitcoin Fund), which will charge a 0.75% management fee and will custody Bitcoin at Fidelity.Bloomberg analyst James Seyffart noted that this is Wilshire Phoenix's 11th S-1 amendment submission.

ChainCatcher news, Nomura Securities' digital asset subsidiary Laser Digital has launched a Bitcoin Adoption Fund aimed at institutional investors. This is a long-term mutual fund based in the Cayman Islands, with Komainu responsible for digital asset custody.

ChainCatcher news reports that according to Wu Blockchain, Bitdeer, owned by Wu Jihan, has begun raising funds for the Bitdeer Green Bitcoin Fund, which aims to generate returns from Bitcoin mining operations in Bhutan. It is said that the fund has a duration of six years and plans to raise $80 million for its first-phase construction project, with a minimum investment threshold of $5 million for investors. Bitdeer will use these funds to build a mining project in Bhutan with a total hash rate of nearly 20 EH/s.Previous news indicates that Bitdeer announced in May this year a partnership with Bhutan's state-owned investment company Druk Holding and Investments to raise up to $500 million for the latter's cryptocurrency mining fund, aiming to establish a zero-carbon cryptocurrency mining base utilizing Bhutan's abundant hydropower resources.

ChainCatcher news, according to CryptoSlate, the venture capital fund Bitcoin Magazine Ventures, which specializes in investing in the Bitcoin ecosystem, is raising $30 million and has already been oversubscribed by $90 million.The new fund will focus on the development of the Bitcoin ecosystem, primarily investing in new applications, tools, and infrastructure such as Ordinals, Lighting, BRC20, DLC, and other UTXO-related elements, managed by David Bailey and Tyler Evans. Sora Ventures supports Bitcoin Magazine Ventures by investing $3 million in the fund. (source link)

According to ChainCatcher news and a report by Trustnodes, based on documents submitted to the U.S. Securities and Exchange Commission (SEC), the New York Digital Investment Group (NYDIG) has raised $720 million for its institutional Bitcoin fund, with a total of 59 investors contributing, averaging over $12 million per person. (Trustnodes)