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BlackRock’s $20B ETF becomes top global Bitcoin fund


In the most recent advancement in the realm of Cryptocurrency investments, the iShares Bitcoin Trust has emerged as the most significant Bitcoin fund, surpassing the earlier market leader Grayscale Bitcoin Trust. By Tuesday, the iShares fund had $1968 billion in assets, slightly outpacing Grayscale...

NYSE Partners With Coindesk for Bitcoin-Tracking Financial Products


The New York Stock Exchange (NYSE) has teamed up with Coindesk Indices to develop cash-settled options contracts that track bitcoin prices. These contracts, based on the Coindesk Bitcoin Price Index (XBX), are currently in the planning stage and awaiting regulatory approval. NYSE and Coindesk...

Bank of Israel Launches Digital Shekel Challenge


The Bank of Israel has announced the Digital Shekel Challenge, inviting various entities — private companies, public sector organizations, and academic institutions — to participate in the digital shekel’s experimental environment. The initiative aims to foster the development of innovative...

South African Central Bank Opts Against Publishing CBDC Study Findings


The South African Reserve Bank has reportedly decided not to unveil the findings of the initial phase of its central bank digital currency feasibility study. Instead, the central bank said it is currently focused on the second phase of the study and will release a report once it is satisfied with...

Ethereum Futures Open Interest Hits All-Time High Following ETF Approvals


Ethereum has experienced a significant increase since the U.S. Securities and Exchange Commission (SEC) approved a group of spot ether exchange-traded funds (ETFs). This week, ether reached a high of $3,980 per coin, which is approximately 18.4% below its all-time high. Amid fluctuating prices...

Tokyo-Listed Metaplanet to Buy Additional Bitcoin for Its Treasury


Metaplanet, a publicly traded corporation listed on the Tokyo Stock Exchange, announced on Tuesday that its board of directors passed a resolution to purchase an additional 250 million yen (approximately $1.6 million) worth of bitcoin. For BTC held for long-term purposes, the company explained that...

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