Czech central bank’s Bitcoin reserve plan may take months, exposure cut to under 1%: report
The Czech central bank is reviewing a Bitcoin reserve plan that may take months, with potential exposure set to be well below the originally suggested, sources say. The Czech central bank’s Bitcoin (BTC) adoption plan may take months to finalize, with exposure expected to be much lower than the initially suggested 5%. Governor Ales Michl […]
World’s largest sovereign wealth fund grows indirect BTC exposure by 153%
Norway’s sovereign wealth fund, managed by Norges Bank Investment Management, has positions in MicroStrategy, Square, Tesla, MARA Holdings, Riot Platforms and Coinbase. Source link
Norway boosts Bitcoin exposure via MicroStrategy stock
Norway’s central bank holds over $500 million in indirect Bitcoin exposure through investments in MicroStrategy and other cryptocurrency-focused companies. According to K33 Research, Norway’s indirect exposure to Bitcoin (BTC) has nearly tripled over the past 12 months due to increased allocations to crypto-related firms. Vetle Lunde, K33 head of research at K33, wrote that the […]
Grayscale launches Bitcoin miner ETF, offering new exposure to crypto
Grayscale Investments has introduced the Grayscale Bitcoin Miners ETF (ticker: MNRS), a new exchange-traded fund that provides exposure to publicly traded Bitcoin mining companies. The fund, which tracks the Indxx Bitcoin Miners Index, is designed for investors looking to gain exposure to the Bitcoin mining industry without directly investing in the cryptocurrency. Bitcoin miners play […]
Grayscale launches Bitcoin Miners ETF to offer BTC mining exposure
Grayscale’s new ETF, MNRS, tracks Bitcoin mining firms and infrastructure, offering investors exposure to the mining industry without direct BTC investment. Source link
Grayscale XRP Trust returns, offering regulated exposure to XRP
Can Grayscale’s XRP Trust revive institutional interest in XRP? On Jan. 17, 2024, Grayscale Investments, a digital currency asset management firm, has announced the reopening of its XRP (XRP) Trust to eligible accredited investors. Grayscale XRP Trust is open to eligible accredited investors seeking exposure to $XRP, which powers the XRP ledger, a distributed network […]
Bank of England watchdog asks firms to disclose crypto exposure
The UK’s central bank wants to monitor the stability of crypto and set future policy; it has asked local firms to disclose their current and future crypto plans. Source link
