In a pioneering move that could reshape investment strategies in the cryptocurrency sector, a firm linked to former President Donald Trump is making strides to launch a Bitcoin Bond Exchange-Traded Fund (ETF). This initiative, led by Strive Asset Management, positions itself to invest in convertible bonds from companies with substantial Bitcoin holdings, including major players […]
Japan’s Financial Institutions Advocate for Major Crypto ETFs
In a significant push toward integrating cryptocurrencies into mainstream finance, a coalition of major Japanese financial institutions has recently called for the creation of exchange-traded funds (ETFs) focused on digital asset investments. This coalition includes prestigious names such as Mitsubishi UFJ Trust and Banking Corporation and Nomura Securities, underscoring a robust trend among Japan’s financial […]
Michael Saylor’s Firm Doubles Shares While Holding $15.8 Billion in Bitcoin
In a significant move reflecting confidence in the cryptocurrency market, MicroStrategy Inc., co-founded by Michael Saylor, has successfully raised $1.01 billion through the sale of convertible senior notes. This strategic maneuver highlights the firm’s commitment to expanding its Bitcoin holdings, allocating a substantial $458 million from this recent capital influx for additional Bitcoin purchases. As […]