ChainCatcher news, four asset management companies have submitted applications to U.S. regulators to create investment Bitcoin ETFs, but using derivatives to minimize or completely hedge potential losses.Calamos Investments has applied for four actively managed ETFs.First Trust Portfolios has applied to establish a 15% floor ETF and a buffered ETF aimed at hedging the first 30% of losses.Innovator ETFs is seeking to launch a three-month buffered product with a 10% return. The company has also applied to launch a three-month actively managed ETF with a 20% return and has set a "participation rate."Grayscale Investments also plans to launch a covered call Bitcoin ETF, which will sell call options on a spot Bitcoin ETF. This will reduce the potential price appreciation when Bitcoin rises, but can provide regular premium income.

ChainCatcher news, Binance co-founder Zhao Changpeng shared his management insights on social media, stating: "Small decisions, big meetings. Big decisions, small meetings."

ChainCatcher news, according to Watcher.Guru, asset management giant Macquarie, with an asset management scale of 870 billion dollars, stated that Bitcoin mining can support the local power grid.

ChainCatcher news, Bitwise announced on platform X that the Bitwise Physical XRP ETP (GXRP) has surpassed $80 million in assets under management, with Ripple as one of the investors. This product is listed and traded on Deutsche Börse Xetra, allowing European investors to gain exposure to XRP through GXRP.

ChainCatcher news, according to Cointelegraph, Swedish listed company Hilbert Group announced the acquisition of Liberty Road Capital (LRC), including all AUM, existing client relationships, key employees, and all intellectual property acquired by Hilbert Group.LRC co-founder Russell Thompson will join Hilbert Group. Thompson co-founded the traditional hedge fund The Cambridge Strategy in 2003, which had assets under management of up to $3.5 billion and was successfully sold in 2018. LRC was established in 2019 and is headquartered in the British Virgin Islands, holding an investment management license issued by the local Financial Services Commission.According to the agreement, LRC's business revenue will be split 50:50 over the next two years, and LRC commits to converting all its share of the revenue into new Class B shares of Hilbert Group. Hilbert Group CEO Niclas Sandström stated that this acquisition will significantly accelerate the company's business development and expand the range of trading strategies.

ChainCatcher news, according to the official announcement, Binance Wealth Management, One-Click Buy, Flash Exchange, Leverage, and Contracts will launch Thena (THE). Binance will launch THE 1-75x U-based perpetual contract on November 27 at 20:15 (UTC+8).THE principal-protected earning product will go live today at 18:00 (UTC+8) and will be open for subscription; users can purchase THE through the regular investment platform starting from 18:00 on November 28.THE can be purchased and sold using credit cards, Google Pay, Apple Pay, or wallet balance through the "One-Click Buy" page one hour after the spot trading goes live.

ChainCatcher news, Iowa Senator Joni Ernst recently wrote to the leaders of the U.S. Department of Efficiency, Elon Musk and Vivek Ramaswamy, proposing ideas for budget cuts. Ernst's suggestions include addressing unused office space and uncommitted COVID-19 relief spending, with proposed cuts totaling over $2 trillion. (Daily Signal)

ChainCatcher news, the UK crypto trading platform Archax has provided access to a money market fund of the UK asset management company abrdn in a tokenized form on the decentralized blockchain XRP Ledger (XRPL). This fund is part of abrdn's £3.8 billion liquidity fund and is the first tokenized money market fund on the XRPL.

ChainCatcher message, according to Arkham monitoring, about 15 hours ago, a total of 113.128 BTC flowed from the Gemini hot wallet address into the asset management giant VanEck's Bitcoin exchange-traded fund HODL Bitcoin ETF, amounting to approximately 11.2 million USD.In addition, 732.264 ETH also flowed from the Gemini hot wallet address into VanEck's Ethereum exchange-traded fund ETHV Ethereum ETF, amounting to approximately 2.41 million USD.

ChainCatcher news, global asset management company WisdomTree Investments announced the launch of the exchange-traded product WisdomTree Physical XRP ETP (XRPW), which will be listed on multiple European exchanges, including Deutsche Börse Xetra, SIX Swiss Exchange, and the pan-European exchange. The current management fee rate for this ETP is 0.50%.It is reported that WisdomTree's product will be 100% backed by spot XRP, with assets stored in cold wallets and adopting a dual custody model, managed by regulated custodians. Currently, WisdomTree's portfolio has expanded to nine cryptocurrency ETPs, covering Bitcoin, Solana, Ethereum, and more.

ChainCatcher news, according to Jinshi reports, the Hong Kong Private Wealth Management Association (PWMA) released a survey on Friday showing that most private wealth management companies are taking a wait-and-see approach to virtual assets. However, in recent years, the trading volume of cryptocurrencies in Hong Kong has surged, and with the regulatory framework gradually improving, about one-third of wealth management institutions expect their allocation to virtual assets to be 6-10% within five years.

ChainCatcher news, Blockstream announced the establishment of an asset management department aimed at bridging the gap between Bitcoin and mainstream finance. Hedge fund professional Sean Bill has been appointed as Chief Investment Officer to lead this initiative.

ChainCatcher news, Deutsche Bank Asset Management analyst Johannes Müller stated in a webinar that the decline in inflation in the Eurozone next year should enable the European Central Bank to further cut interest rates.The chief economist of Deutsche Bank Asset Management mentioned that the company expects the European Central Bank to cut rates five more times, once in December, and then four more times before the third quarter of 2025. Deutsche Bank Asset Management predicts that the inflation rate will drop to 2.0% in 2025, down from 2.3% in 2024. However, due to strong wage growth and inflation in service prices, core inflation may still remain elevated.

ChainCatcher news, according to The Block, the American cryptocurrency exchange Gemini has announced that it will operate in France. This move marks Gemini's latest expansion in the European Union, especially against the backdrop of the upcoming comprehensive regulation of the crypto asset market (MiCA) that will reshape the region's relationship with the crypto industry.Earlier this year, Gemini registered as a Virtual Asset Service Provider (VASP) in France, stating that the country's positive support and engagement with the crypto industry is a key factor in its strategic layout.According to Gemini's 2024 Global Crypto Report, France is rated as one of the "most supportive countries for cryptocurrency," with the proportion of cryptocurrency holders in the country increasing by 2% since 2022, reaching 18%.

ChainCatcher news, Gemini co-founder Cameron Winklevoss believes that the initiatives of the Department of Government Efficiency (DOGE) are crucial in combating inflation, the "silent tax."It is reported that DOGE proposed to eliminate government waste and combat inflation in the United States. Last month, the inflation rate in the U.S. rose by 2.6% year-on-year, slightly higher than in September.Winklevoss emphasized the importance of addressing rising prices, stating that it imposes a disproportionate burden on low-income Americans, and he believes that these measures by DOGE are essential for achieving economic fairness and sustainability.

ChainCatcher news, Gemini co-founder Tyler Winklevoss lambasted Gary Gensler on the X platform. He stated: Gary Gensler should never hold a position of influence, power, or authority again. Any company, university, or organization that hires or collaborates with him after the SEC is a betrayal of the crypto industry and should be strongly resisted. This is the only way to prevent such abuses of government power from happening again in the future.Gary Gensler's actions cannot be explained as a good-faith mistake. His behavior is entirely calculated and deliberate, aimed at advancing his personal political agenda at all costs, even if it means destroying an industry, tens of thousands of jobs, people's livelihoods, billions of dollars in investment capital, and more. Ironically, his antisocial ambitions ultimately ruined his own party.No amount of apologies can make up for the damage Gary Gensler has done to the crypto industry and the country. Such a person should not be in any institution, large or small. Americans have had enough of their tax dollars going to a government that is supposed to protect them but is instead used by politicians who want to undermine their success. It is time to put an end to this pathology once and for all.

ChainCatcher news, blockchain security audit company CertiK has issued a statement saying that it has recently received a large number of requests for help from users of the DEXX platform, who reported that their account assets had been emptied. After verification, CertiK confirmed that this security incident occurred on the Solana chain, which is not within CertiK's audit coverage.CertiK stated that the main reason for the incident was improper private key management on the DEXX platform, leading to the leakage of the official private key.It is reported that the large-scale theft of user assets on the DEXX trading platform has currently confirmed that the stolen funds have reached over 100 million yuan, and the hackers are still continuing their attacks. CertiK reminds all blockchain projects and users that the secure storage and management of private keys is key to ensuring asset safety.

ChainCatcher news, cryptocurrency exchange Gemini co-founder Tyler Winklevoss posted on the X platform that as long as Harvard University continues to have ties with U.S. Democratic Senator Elizabeth Warren, the U.S. federal government should terminate tax exemptions and funding for Harvard University.She is a law professor, yet she has launched an illegal war against the cryptocurrency industry; American taxpayers' money should not flow to institutions that harbor these villains.

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, the Web3 education platform Academic Labs announced on the X platform that it has completed a new round of financing of $3.2 million, with participation from UOB Ventures Management, Signum Capital, HTX Ventures, Web Master, WIDUSPartners, DWF Ventures, Blockchain for Good Alliance, AsiaTokenFund, and Citystate Group. Specific valuation information has not yet been disclosed.According to reports, the team stated that information regarding new products, token airdrops, and token listings will be released in the coming weeks. The new funds will be used to expand ecosystem coverage and enhance collaborations with universities.ChainCatcher news, Academic Labs is developing an AI web3 education platform that uses its native token ACAD to incentivize content creators to create engaging gamified learning content, quizzes, and videos, focusing on learning English and blockchain knowledge/programming. High-quality content creators can monetize their work using PUBLISHER NFT and earn reputation NFTs from user feedback on their creations.