The Singapore-based digital asset exchange giant Crypto.com plans to offer custody services for high-net-worth individuals and institutions in the US and Canada. This week, the exchange announced the launch of a US trust company to enable the new services. Crypto.com also plans to shift all US and Canadian customer digital assets to the new trust […]
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On Christmas Eve, the 12 spot bitcoin exchange-traded funds (ETFs) experienced outflows totaling $338.38 million, while the nine spot ether ETFs enjoyed inflows of $53.54 million. Bitcoin ETFs Falter as Ether ETFs Rally in Market Tug-of-War Tuesday marked the fourth consecutive day of losses for the spot bitcoin ETFs, with $338.38 million leaving the sector. […]The launch of Bitcoin mutual funds in Israel could enhance mainstream adoption and accessibility, potentially influencing global crypto markets.
The post Israel to debut Bitcoin mutual funds tracking BlackRock’s IBIT and other indices appeared first on Crypto Briefing.
On Dec. 31, Israel’s asset managers will launch six mutual funds tracking Bitcoin’s price movements.
Six Bitcoin-tracking funds are set to launch in Israel next week following the recent approval from the Israel Securities Authority.
According to local media reports, the funds will mirror Bitcoin’s (BTC) price movements through various indexes and strategies and will be available for purchase at banks and investment firms starting Dec. 31.
Some of the new funds will track exchange-traded funds (ETFs) launched in the United States, such as BlackRock’s iShares Bitcoin Trust ETF (IBIT). One of the funds will be actively managed to beat the cryptocurrency’s performance.
The “Santa Claus rally” seems to be behind the broader crypto market’s rebound today. Bitcoin (BTC) soars from $93,835 to $98,441, and altcoins follow suit, with Bitget (BGB) recording some of the most impressive weekly gains among the top 25 coins. Bitget’s partnership with TRON, which saw it invest $10 million into TRX and announce […]
The chief executive of the digital asset analytics firm CryptoQuant thinks a national strategic Bitcoin (BTC) reserve could offset US debt. Ki Young Ju tells his 389,600 followers on the social media platform X that $790 billion in realized capital inflows have ballooned Bitcoin’s market cap to $2 trillion over the past 15 years. “This […]
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Eleven months and thirteen days ago, the U.S. welcomed its first spot bitcoin exchange-traded funds (ETFs) into the fold of traditional finance (tradfi). Since their debut, these ETFs have not only broken records but have also amassed more than a million bitcoins. Surging Spot ETFs Spark Power Shift in Crypto Investments The launch of these […]
PRESS RELEASE. The blockchain world is buzzing, and for good reason—Lightchain is making waves as the ultimate Ethereum contender. Powered by cutting-edge technology and unmatched community engagement, the presale for Lightchain’s native token, LCAI, has been nothing short of explosive. With Stage 9 well underway and over $5.3 million raised, it’s clear that crypto investors, […]Russia's use of crypto for trade may undermine Western sanctions, potentially reshaping global financial systems and regulatory approaches.
The post Russia adopts Bitcoin, crypto assets for cross-border transactions, finance minister says appeared first on Crypto Briefing.
Robinhood CEO Vlad Tenev is predicting that stocks and other traditional finance (TradFi) assets will eventually move on-chain like cryptocurrencies. In a new interview with investor Anthony Pompliano, Tenev says that the efficiencies gained by using blockchain technology make its adoption by traditional finance inevitable. He also predicts that US President-elect Donald Trump and his […]
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