On December 17, XRP-linked exchange-traded funds (ETFs) reached a significant milestone of $60 million in assets under management (AUM). Despite this influx of capital, the token’s market price remains sluggish, trading around $1.79 (a 4% daily decline). This disconnect has left many investors wondering why ETF growth isn’t translating into immediate price gains. The Institutional … Read more
The U.S. Securities and Exchange Commission (SEC) has resumed its formal evaluation of a unique Bitcoin-linked ETF proposed by BlackRock. Rather than a standard “spot” fund, the iShares Bitcoin Premium Income ETF focuses on generating yield through a hybrid strategy of holding Bitcoin and selling call options. Key Developments in the Review Process Formal Scrutiny: … Read more
A senior executive at Vanguard, John Ameriks, the global head of quantitative equity, expressed deep skepticism toward Bitcoin, comparing the cryptocurrency to a “digital Labubu”—a speculative collectible toy. He argued that Bitcoin lacks the cash flow and compounding characteristics that Vanguard seeks in long-term investments, stating there is no clear evidence that the underlying blockchain … Read more