Friday, May 17, 2024

Steven Cohen's Point72 Also an Owner of Bitcoin Via Spot ETFs

Point72, the $34 billion hedge fund of billionaire and owner of the New York Mets, Steven Cohen, held $77.5 million of the Fidelity Wise Origin Bitcoin Fund (FBTC) as of the close of the first quarter, according to a filing.

source https://www.coindesk.com/markets/2024/05/17/steven-cohens-point72-also-an-owner-of-bitcoin-via-spot-etfs/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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New Ethereum proposal would cut issuance to zero if staked ETH reaches $112 billion

The EIP-8361 draft proposal calls for burning a rising share of validator rewards as the staking ratio climbs. source https://www.coindesk....