FTX’s bankruptcy estate is set to release $1.6 billion of funds to creditors at the end of the month, marking the third major payout following the crypto exchange’s implosion nearly three years ago. The FTX Recovery Trust, which oversees the bankruptcy process, announced on Friday that payments will begin on September 30 for creditors who […]
Harvard Management Company, which oversees the university’s $50 billion endowment, disclosed a $116 million position in BlackRock’s iShares Bitcoin Trust (IBIT) in its latest quarterly filing with the U.S. Securities and Exchange Commission (SEC). The stake, reported in a Form 13-F on Friday covering holdings as of June 30, 2025, represents one of the largest […]