Financial Insights That Matter Since then, US states Utah and New Hampshire have introduced legislation for a state-level SBR. Other states are also exploring an SBR. Matthew Sigel, Head of Digital Assets Research at VanEck, highlighted the potential impact of state-level SBRs, stating; āWe analyzed 20 state-level Bitcoin reserve bills. If enacted, they could drive […]
Financial Insights That Matter The State of Wisconsinās Investment Board has upped its exposure to Bitcoin by buying more shares in a prominent crypto ETF. A regulatory filing with the Securities and Exchange Commission shows that the SWIB now owns over 6 million shares of BlackRockās iShares Bitcoin Trust (IBIT) fund, worth $335.9 million as […]
Financial Insights That Matter New filings show that the Abu Dhabi Sovereign Wealth Fund has accumulated hundreds of millions of dollars worth of BlackRockās Bitcoin (BTC) exchange-traded fund (ETF). According to new filings with the U.S. Securities and Exchange Commission (SEC), the wealth fund has stockpiled about $455 million worth of the asset management giantās […]
Financial Insights That Matter Bitcoin’s price action this week was mostly flat: The biggest virtual coin hasn’t moved over the last day, and is currently priced at $97,575, CoinGecko shows. It’s up just 1.5% on the week. The oldest cryptocurrency hasn’t touched the magical $100,000 mark since the beginning of February as traders try to […]
Financial Insights That Matter Cardano has managed to outshine a large percentage of the digital asset market this week amid news that the crypto asset management firm Grayscale wants to create a spot ADA exchange-traded fund (ETF) for the smart contract platform. The ETF and securities exchange NYSE Arca, a subsidiary of the New York […]
Financial Insights That Matter This article was written by Follow Austin Rogers is a REIT specialist with a professional background in commercial real estate. He writes about high-quality dividend growth stocks with the goal of generating the safest growing passive income stream possible. Since his ideal holding period is “lifelong,” his focus is on portfolio […]
Financial Insights That Matter Join Our Telegram channel to stay up to date on breaking news coverage The XRP price surged 10% in the last 24 hours to trade at $2.82 as of 09:27 p.m. EST on trading volume that soared 60% to $7.8 billion, according to CoinGecko. This came after the US Securities and […]
Financial Insights That Matter Key Takeaways Osprey Funds is seeking SEC approval to convert its Bitcoin Trust into an ETF. The conversion would provide enhanced liquidity and fee reductions for investors. Share this article Osprey submitted a draft registration statement to the Securities and Exchange Commission to convert its Osprey Bitcoin Trust (OBTC) into an […]
Financial Insights That Matter The SEC met with Jito Labs and Multicoin Capital to discuss regulatory issues surrounding crypto assets. A major subject of discussion was the approval of staking features for crypto ETFs. NYSE Arca filed with the SEC for Grayscale to allow staking within its Ethereum ETFs, following the footsteps of 21Shares. In […]
Financial Insights That Matter Mubadala Investment Company, the sovereign wealth fund that manages investments for the Abu Dhabiās government, signaled on Friday that it started stockpiling exposure to Bitcoin last year via the leading ETF. During the fourth quarter of last year, Mubadala scooped up $436 million worth of BlackRockās spot Bitcoin ETF, according to […]