Other crypto ETF applications, including the Grayscale Solana Trust and Canary Capital Litecoin ETF, were also postponed. What to know: The U.S. Securities and Exchange Commission (SEC) has pushed back its decision on whether to approve an exchange-traded fund (ETF) proposed by Truth Social, the social media platform affiliated with Donald Trump. The delay, announced Monday, gives the agency until […]
The payments giant is hiring two U.S.-based leaders to grow its crypto and blockchain business. What to know: Mastercard is deepening its push into crypto with plans to hire two senior leaders focused on digital assets and blockchain. The payments giant is recruiting for a Vice President, Head of Digital Assets Ecosystem Growth, and a […]
A longtime vocal critic of bitcoin, Dimon said the bank he runs will now let clients to buy the crypto. What to know: Clients of JPMorgan Chase (JPM) will soon have the option to buy bitcoin BTC$106,663.37, according to CEO Jamie Dimon, who spoke at the bank’s annual Investor Day on Monday, signaling a shift in […]
TD Cowen analysts evaluated the Strategy’s treasury activity against bitcoin trading volume and price action over the past six months. What to know: Despite its growing footprint as a major corporate holder of bitcoin (BTC), Strategy’s large-scale purchases of the cryptocurrency appear to have little, if any, influence on its price, according to a research […]
In a letter to shareholders, the chairman of the world’s largest asset manager warned about the soaring U.S. debt and the possible competition that bitcoin poses to the U.S. Dollar. What to know: Still a big fan of digital assets, BlackRock CEO Larry Fink nevertheless said he’s not blind to the possible risks to the […]
The state’s investment board’s stake is worth more than $340 million at IBIT’s current price of $56.10. What to know: Wisconsin’s investment board saw fit to significantly add to its bitcoin (BTC) bet in the last three months of the year. The State of Wisconsin Investment Board (SWIB) disclosed ownership of just over 6 million […]
The “buy now, pay later” company is backed by venture capital firm, Sequoia Capital, which has a 22% stake. What to know: Klarna Bank AB, a Swedish fintech company popular in Europe, plans to embrace cryptocurrencies on its platform, the firm’s chief executive officer, Sebastian Siemiatkowski announced in a post on X over the weekend. […]
The company plans to launch three ETFs later this year, all issued under the Truth.Fi brand. What to know: U.S. President Donald Trump’s media company, Trump Media and Technology Group (TMTG), is making moves to launch exchange-traded funds (ETFs), including one tracking the price of bitcoin (BTC), according to an announcement on Thursday. Clearly, Trump Media and […]
The Securities and Exchange Commission had previously only allowed cash redemptions when the spot bitcoin ETFs were approved last January. What to know: Nasdaq has filed a proposed rule change to allow in-kind creation and redemption for the BlackRock iShares Bitcoin Trust (IBIT), according to a Friday filing to the U.S. Securities and Exchange Commission (SEC). The […]