Haun Ventures Targets $1B Fundraise with Dual Crypto Investment Funds
Venture capital firm Haun Ventures aims to raise $1 billion across two new cryptocurrency funds by June 2024. Founded by former Coinbase board member Katie Haun, the firm plans to split funding between early and late-stage investments amid evolving market conditions.
Bitwise Pursues Dogecoin ETF as Musk's Department Distances from DOGE
Asset manager Bitwise prepares for a potential Dogecoin ETF filing with the SEC, while REX Shares pursues similar crypto investment vehicles. Meanwhile, Elon Musk's Department of Government Efficiency removes Dogecoin imagery amid price volatility and legal challenges.
Influencer-Backed HAWK Token Crash Raises Alarm Over Celebrity Crypto Endorsements
A cryptocurrency endorsed by influencer Hailey 'Hawk Tuah' Welch lost over 90% of its value within hours of launch, dropping from $490M to $26.4M. The dramatic collapse has intensified scrutiny of celebrity-backed digital assets and sparked calls for stronger investor protections.
BitWise Takes Bold Step with Multi-Crypto Index ETF Proposal
BitWise Asset Management seeks SEC approval for a groundbreaking ETF tracking 10 major cryptocurrencies, potentially offering the most diverse crypto investment vehicle in the US market. The move follows their successful Bitcoin ETF launch and reflects growing institutional appetite for regulated crypto exposure.
Bitcoin's Path to $500K: Bitwise CIO Sees Major Growth Ahead Despite Record Highs
Bitwise CIO Matthew Hougan predicts Bitcoin could reach $500,000 by capturing half of the $20 trillion store-of-value market currently dominated by gold. This ambitious target hinges on increased institutional adoption and central bank participation, with potential for even higher valuations.