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Verition Fund boosts Bitcoin ETF holdings by 19%, totaling $110M amid mixed institutional trends

Market News
14 Aug 2026
Crypto Briefing
View Source
Bullish
Verition Fund boosts Bitcoin ETF holdings by 19%, totaling $110M amid mixed institutional trends

Verition Fund Management, a hedge fund managing $15 billion, increased its Bitcoin ETF holdings by 19% to 3.07 million shares worth about $110 million. This move contrasts with a general decline in institutional Bitcoin ETF investments in early 2026, highlighting Verition's bullish stance. The exact ETF product involved remains unclear until the next 13F filing, which will clarify the fund's position and strategy. This development underscores the evolving role of Bitcoin ETFs as a simpler route for institutional crypto exposure.

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Cyngn wins follow-on order to expand autonomous material handling at a Fortune 100 heavy equipment maker

Cyngn wins follow-on order to expand autonomous material handling at a Fortune 100 heavy equipment maker

Cyngn has secured a follow-on order from a Fortune 100 heavy equipment manufacturer to expand the use of its autonomous DriveMod Tugger for material handling at the customer's facility. This expansion supports a new production workflow, building on a...

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Solana price rebounds strongly, eyeing $150 rally amid steady institutional ETF inflows.

Solana price rebounds strongly, eyeing $150 rally amid steady institutional ETF inflows.

Solana's price recovered from a dip below $100 in mid-September, driven by continuous net inflows into Solana spot ETFs over 11 weeks, signaling strong institutional demand. Analyst Ali Martinez highlights that Solana's network growth and shrinking e...

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QuickSwap hits $700M volume on Base, aiming for $1B on Coinbase's Layer 2 network

QuickSwap hits $700M volume on Base, aiming for $1B on Coinbase's Layer 2 network

QuickSwap, a decentralized exchange known for its Polygon presence, has surpassed $700 million in total trading volume on Coinbase's Layer 2 network, Base, after launching there in May 2025. The platform steadily grew from $500 million in June 2026 t...

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Parti Québécois set for comeback, challenging Canadian PM Mark Carney in 2026 Quebec election

Parti Québécois set for comeback, challenging Canadian PM Mark Carney in 2026 Quebec election

The Parti Québécois, a separatist party in Quebec, is poised to regain power in the 2026 provincial election, with Paul St-Pierre Plamondon leading the charge. Market odds show a 93% chance of Plamondon becoming Premier, signaling a major political s...

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Neutral
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IM Cannabis completes sale of IMC Holdings, expects C$3M boost in shareholders' equity

IM Cannabis completes sale of IMC Holdings, expects C$3M boost in shareholders' equity

IM Cannabis Corp. has completed the sale of IMC Holdings to Slil.com Holding Ltd., resulting in an expected improvement of approximately C$3 million in shareholders' equity. The transaction involved transferring Israeli operations out of IMC Holdings...

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