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Author: Emmanuel Musa

Bitcoin ETFs Inflows Hit $101M as XRP, Ether and Solana Lose Funds

Bitcoin exchange-traded funds (ETFs) returned to positive territory on Wednesday with $101.15 million in net inflows, led by Blackrock’s IBIT. Ether, XRP and solana funds all posted outflows, while HYPE ETFs were flat for the session. Blackrock Leads Bitcoin ETF Comeback With $115M IBIT Inflow The balance of power shifted back toward bitcoin on Wednesday…

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Rockawayx Expands US Crypto Presence With Relayer Capital Deal

Rockawayx has acquired digital asset hedge fund Relayer Capital, adding a directional long-short strategy to its roughly $2 billion investment platform. Relayer founder Austin Barack will remain in charge as CIO of the newly renamed Rockawayx Liquid Opportunities Fund. Rockawayx Targets Mispriced Crypto Assets With Relayer Acquisition Rockawayx is expanding its liquid-markets business with the

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Kraken Parent Payward Acquires Magic Wallet, Adding Technology Behind 60M Wallets

Payward has agreed to acquire Magic Labs’ wallet-as-a-service business, adding embedded, non-custodial wallets to the infrastructure platform behind Kraken. The deal brings technology used to create more than 60 million wallets into Payward’s expanding enterprise product suite. Newton Labs Sells Magic Wallet Business to Focus Fully on Onchain Authorization Payward…

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