Goldman Sachs jumps into bitcoin ETFs while Morgan Stanley retreats

Goldman Sachs jumps into bitcoin ETFs while Morgan Stanley retreats

When the SEC opened the door in January for bitcoin exchange-traded funds to hit the mainstream, many traditional financial institutions across Wall Street and beyond finally had the opportunity to buy into crypto. Since then, money has poured in, but in fits and starts. On Wednesday, banks and hedge funds with more than $100 million … Read more

Crypto catches M&A frenzy as bitcoin miners chase AI boom

Crypto catches M&A frenzy as bitcoin miners chase AI boom

Whinstone CEO Chad Harris takes CNBC on a tour of the largest bitcoin mine in North America. Crypto companies are suddenly at the center of deal-making. The catalyst is artificial intelligence. Bitcoin mining companies have expansive data centers, with access to fiber lines and large amounts of power across the U.S. They’re exactly the types … Read more