Galaxy


Markets

Ether Spot ETFs Could See $5B of Net Inflows in the First Five Months: Galaxy

Ether is more price sensitive to ETF inflows than bitcoin due to the large amount of ETH total supply that is locked up, the report said.

Ether spot ETFs to see same sources of demand as bitcoin versions but on lower scale: Bernstein. (Rob Mitchell/CoinDesk)

Policy

BitGo’s $100M Suit Against Galaxy Digital Can Proceed, Delaware Supreme Court Rules

The Delaware Supreme Court’s ruling overturns a decision from a lower court to dismiss the lawsuit last year.

CEO of BitGo Mike Belshe in a chair on-stage at Consensus 2023

Tech

Plume, Layer-2 Blockchain for Real-World Assets, Pulls $10M in Seed Funding from Haun, Galaxy

Plume plans to make it possible for people to easily – and compliantly – bring real-world assets (RWAs) like real estate and collectibles onto blockchains.

Plume co-founders Eugene Shen, Chris Yin and Teddy Pornprinya (Plume)

Tech

Galaxy, Lightspeed Faction Lead $15M Raise for Turnkey, Crypto Wallet Startup From Former Coinbase Employees

The company from ex-Coinbase employees aims to help developers build better blockchain wallets.

Turnkey co-founders Jack Kearney and Bryce Ferguson (Turnkey)

Markets

Galaxy Digital to Introduce Exchange-Traded Products in Europe in 'Matter of Weeks'

Galaxy Digital teamed up with asset manager DWS last April to develop ETPs designed to give Europeans access to digital-asset investment through traditional brokerage accounts.

16:9 Europe (652234/Pixabay)

Markets

Galaxy-Backed Gyroscope's 'All-Weather' Decentralized Stablecoin Goes Live on Ethereum Mainnet

The GYD dollar-pegged token aims to protect against the risks of holding stablecoins by offering an alternative to centralized and algorithmic designs.

Gyro stablecoin (Gyroscope)

Videos

How Much Money Will Flow Into Bitcoin ETFs? Here’s One Projection

Alex Thorn, head of research at Galaxy, sees inflows to spot bitcoin ETFs reaching more than $14 billion in the first year after a potential SEC approval and the price of bitcoin spiking to $47,000. He also sees approval of these products possibly occurring this year.

Unchained

Videos

Bankrupt FTX Wants Mike Novogratz’s Galaxy to Manage its Crypto Holdings

Bankrupt crypto exchange FTX is seeking to hire Mike Novogratz’s Galaxy as an advisor to help sell, stake and hedge its sizable crypto holdings, according to court filings. "The Hash" panel discusses the latest developments and the financial conditions of the defunct exchange as the bankruptcy case is burning as much as $1.5 million every day in legal costs.

Recent Videos

Policy

FTX Taps Galaxy to Sell, Stake and Hedge Its Crypto Billions

The bankrupt exchange wants to return funds to creditors in dollars without denting value.

New FTX CEO John J. Ray III (C-Span)

Videos

Brett Harrison Addresses Likelihood of a Spot Bitcoin ETF Approval in U.S.

Architect founder and CEO Brett Harrison weighs in on the future of spot bitcoin ETFs in the U.S. in the wake of Fidelity, WisdomTree, VanEck, ARK Invest, Galaxy/Invesco and BlackRock all filing applications over the past few weeks, “Is it arbitrary that the spot Bitcoin ETF cannot be approved when these other spot commodity ETFs have been approved in the past?” Harrison said.

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