Salim Ramji, who is set become Vanguard's Chief Executive Officer on July 8, succeeding Tim Buckley, has made it clear that the company has no plans to introduce its own spot Bitcoin exchange-traded fund (ETF).
Nasdaq-listed business intelligence firm MicroStrategy, the largest corporate holder of Bitcoin with over $13 billion worth of BTC on its balance sheet, will be added to the key MSCI World Index after the firm’s shares rallied.
Prominent cryptocurrency investment firm BlockTower Capital has been hacked, with attackers breaching its main hedge fund and draining an undisclosed amount of assets from it.
Top stories in the Crypto Roundup today:
- Vanguard’s New CEO Rules Out Spot Bitcoin ETF Launch
- MicroStrategy Joins MSCI World Index
- BlockTower Capital Suffers Security Breach That Saw Hackers Drain Hedge fund Assets