Strive Asset Management, founded by Vivek Ramaswamy, has filed to create a new Bitcoin Bond ETF, offering investors exposure to convertible bonds from companies like MicroStrategy that heavily invest in Bitcoin. The fund will be actively managed and may use financial instruments like swaps and options for its investments. MicroStrategy has been purchasing Bitcoin since ...
Jeff Park, the head of alpha strategies at Bitwise Invest, recently suggested that if the U.S. creates a Bitcoin reserve, the price of Bitcoin could reach $1 million by 2025. He mentioned that this would be based on specific calculations, although he believes that only 10% of this reserve might become a reality next year. ...
KULR Technology Group, Inc., a company specializing in advanced energy management, recently announced its acquisition of 217.18 Bitcoin for about $21 million, averaging $96,556.53 per Bitcoin. This purchase is part of KULR’s new Bitcoin Treasury strategy, where it intends to allocate up to 90% of its surplus cash into Bitcoin. The company is partnering with ...
Bitcoin has soared in value, surpassing $100,000 this year, but financial planners advise caution for potential investors. Most experts recommend only investing a small portion of your portfolio, typically 1% to 2%. If you decide to invest, buying Bitcoin directly or using spot ETFs can be good options for newcomers. Despite its impressive growth, Bitcoin ...
Cathie Wood, a well-known growth investor, has high hopes for Bitcoin, predicting it could reach between $1 million and $1.5 million by 2030. In a recent Bloomberg interview, she highlighted that institutional investors are starting to take Bitcoin seriously, thanks to new financial tools like spot Bitcoin ETFs. With over 94% of Bitcoin already mined, ...
Israel is set to launch six Bitcoin-linked mutual funds on December 31, marking a major development in its cryptocurrency investment Market. Approved by the Israel Securities Authority, these funds will initially allow single daily transactions, with potential for continuous trading in the future. This initiative reflects growing confidence in digital assets and aligns Israel with ...
Bitcoin recently reached a record price of $103,332, driven by factors like the launch of spot price ETFs, its halving event, interest rate cuts, and pro-crypto policies from President-elect Trump. While its current price is around $97,000, Bitcoin remains the leading cryptocurrency with substantial growth over the past year. In contrast, Solana, trading at approximately ...
Metaplanet Inc., an investment firm based in Tokyo, recently announced that it has purchased an additional 619.7 Bitcoin for around $58.9 million. This acquisition boosts their total Bitcoin holdings to 1,761.98 BTC, valued at approximately $167.1 million. The investment follows a successful bond issuance that raised about $60.6 million, which Metaplanet plans to use for ...
Ethereum, the second-largest cryptocurrency, has impressively risen 50% this year, recently surpassing the $4,000 mark. However, it still lags behind competitors like Bitcoin, which is up 131%, and newer blockchains like Solana and Sui, which have seen even higher gains. The much-anticipated launch of spot Ethereum ETFs has not sparked the expected growth, with the ...
Cardano (ADA), Toncoin (TON), Arbitrum (ARB), and JetBolt (JBOLT) are emerging as top choices for cryptocurrency investment as altseason approaches. Recent data shows a significant ADA outflow of $200 million from exchanges, while Toncoin is expected to experience a range-bound trend. Arbitrum has seen a boost in liquidity, with netflows reaching $15.78 million. JetBolt excited ...
