Author: 行政

Goldman Sachs agreed on 12 August to acquire NEOS Investments for up to US$2.25 billion (AU$3.17 billion) in cash and equity, subject to performance and service commitments. The deal brings NEOS Bitcoin High Income ETF, which held just under US$1.1 billion (AU$1.55 billion) on 11 August, into Goldman Sachs Asset Management alongside 18 other options-income funds. Goldman’s own Bitcoin income ETF, filed in April, has had its effective date pushed back three times and has yet to commence operations. Goldman Sachs agreed on 12 August to buy options-ETF manager NEOS Investments for up to US$2.25 billion (AU$3.17 billion) in cash…

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BlackRock’s iShares Bitcoin Premium Income ETF (BITA) recorded $79,073 of realized gains and $265,776 of unrealized appreciation on written options in its first operating period, helping offset losses on its Bitcoin holdings and shares of the iShares Bitcoin Trust ETF (IBIT).BITA posted an $860,335 decrease in net assets from operations through June 30, its first quarterly filing shows. IBIT is BlackRock’s spot Bitcoin fund and one of BITA’s underlying investments. Related ReadingBlackRock’s new Bitcoin ETF offers monthly income, but caps gains when Bitcoin surgesThe Nasdaq-listed ETF offers monthly income potential through covered calls while capping part of the rally trade.…

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Zcash treasury firm and Leap Therapeutics owner, Cypherpunk Technologies, reported $39.4 million in second-quarter net income, reversing a $16.6 million loss a year earlier.Cypherpunk recorded a $4.7 million operating loss, while a $46 million unrealized gain on its ZEC treasury drove the change in its bottom line.Research and development expense accounted for $0.2 million of the quarter’s costs, while general and administrative expense was $4.5 million. That left the company loss-making at the operating level before the ZEC revaluation was reflected in the income statement.The accounting treatment recognizes price movements without requiring Cypherpunk to sell the tokens. Related ReadingBitMine made…

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Bitcoin miner HIVE Digital Technologies missed the Aug. 10 deadline for its quarter-ended-June 30 Form 10-Q even as preliminary revenue climbed to approximately $79 million.In an Aug. 11 late-filing notice, the firm said the delay relates exclusively to the accounting and disclosures for contested Swedish value-added tax assessments, and that it expects to file within the Rule 12b-25 extension period.HIVE said recent developments in the Swedish proceedings increased the probability that it would record a noncash accrual. It needs more time to decide the accounting amount and finish the related financial statements and disclosures.Until that amount is set, investors have…

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The Bank of Russia has proposed opening public organized crypto trading with only Bitcoin, Ethereum, and Tether’s USDT eligible for admission.Under the draft directive, a Russian resident who is not a qualified investor could spend up to ₽300,000, nearly $58,000, on cryptocurrency through a single broker in a calendar year. The cap measures cumulative purchase costs through that broker.That structure makes the broker the unit of the proposed ceiling. It also limits acquisitions: the directive’s formula totals the ruble cost of cryptocurrency purchases made for the client through the broker during the year.The draft remains open for comments through Aug.…

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The 21Shares XRP ETF lost more than half its assets during the first six months of 2026 as falling XRP prices collided with heavy redemptions that crystallized $13.36 million in losses.TOXR ended June with $112.9 million in net assets, down 54.4% from $247.7 million at the end of December, its Aug. 11 quarterly filing showed. XRP fell 42.9% to $1.0431 over the same period, while the fund’s outstanding shares dropped 20% to 11.11 million from 13.89 million.The difference shows how investor withdrawals amplified the damage from XRP’s price decline. Related ReadingXRP loses $1 for the first time since Trump’s 2024…

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The Commodity Futures Trading Commission (CFTC) has ordered Kalshi to keep operating after the prediction-market exchange declared a market emergency tied to New York’s enforcement campaign.The move marks the strongest federal intervention yet in the widening fight over whether states can apply gambling laws to event contracts offered on CFTC-regulated exchanges.It also comes as New York authorities broaden their scrutiny of prediction markets beyond Kalshi’s legal status, even as the company continues posting rapid growth and seeks a valuation of about $40 billion.CFTC says New York action threatens national derivatives marketOn Aug. 11, the CFTC directed KalshiEX LLC to continue…

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Nasdaq-listed Tron Inc. continues expanding its TRX treasury reserve as it routes nearly all of its holdings through JustLend, the largest DeFi platform on the TRON blockchain.On Aug. 12, the company said it acquired another 148,944 TRX at an average price of $0.3357, pushing reported holdings above 709.4 million TRX.The purchase follows the company’s second-quarter filing, which showed it planned to continue acquiring TRX despite current market conditions. Notably, about 95% of the firm’s assets are invested in or committed to TRX. Related ReadingTron’s Justin Sun plans to public in US with Eric Trump through $210M SRM reverse merger dealEric…

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Bitcoin financial services firm Fold could address its Nasdaq share-price problem through a potential reverse split, but the company’s shrinking Bitcoin reserve raises a separate question about how it will fund operations.The company’s Aug. 11 quarterly filing reported that, as of June 30, Fold held 194 BTC worth $11.4 million in its investment treasury after selling 832 BTC during the six months ended June 30.On that same date, it held another 77 BTC worth $4.5 million in a rewards treasury, but that balance was matched to a Bitcoin-denominated customer rewards liability. The combined total was 271 BTC, though the two…

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eToro’s users executed 1.4 million crypto trades in July, down 73% from a year earlier. The average amount invested per trade halved to $182. In the same Aug. 11 update, the trading platform agreed to pay consideration of up to $231 million for TradeZero. TradeZero is a US-focused brokerage serving active stock traders.The combination is consistent with eToro expanding from a profitable multi-asset base, not a company in broad distress. It does not establish that the crypto decline motivated the acquisition.Meanwhile, the July slowdown followed a second quarter in which eToro’s net contribution rose 9% to $229 million. GAAP net…

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