Several billionaire hedge fund managers have increased their investments in the iShares Bitcoin Trust, an ETF from BlackRock that mirrors Bitcoin’s price. For instance, Israel Englander boosted his shares by 116%, while Paul Tudor Jones raised his stake by an impressive 409%. These moves indicate a growing interest among institutional investors, especially with Bitcoin’s recent ...
U.S. asset managers Osprey Funds and Rex Shares have filed with the SEC to launch cryptocurrency exchange-traded funds (ETFs), including one focused on the new TRUMP coin. Launched on January 18, 2025, the TRUMP coin quickly gained popularity, reaching a valuation of $80 billion before settling at around $42 billion. The proposed TRUMP ETF would ...
South Korea’s Financial Services Commission (FSC) is set to potentially lift its ban on institutional cryptocurrency trading, allowing organizations to open accounts on local exchanges. Currently, only individual retail traders can participate in crypto trading, while institutions have been advised against account openings. This policy shift supports President Yoon Suk-yeol’s goals of boosting the cryptocurrency ...
