Some large bitcoin holders are moving coins into spot exchange-traded funds through in-kind creations, converting off-platform BTC into brokerage-account assets they can borrow against or include in estate plans, Bloomberg reported Tuesday. The mechanics rest on a summer policy shift. On July 29, 2025, the U.S. Securities and Exchange Commission (SEC) announced the decision to
Federal Reserve Governor Christopher Waller has proposed a new “limited-access” or “skinny” master account for fintech and crypto firms. The goal is to let qualified institutions use the Fed’s payment system directly instead of relying on traditional partner banks. If adopted, this plan could reduce how much stablecoins and other crypto firms depend on commercial
Deribit, the crypto derivatives exchange acquired by Coinbase (COIN) earlier this year, is working with digital asset custodian Komainu to offer institutions the ability to trade continuously without moving assets off custody, the companies said on Wednesday. The agreement links Deribit to Komainu Connect, a platform that manages collateral between trading venues and custodians. Institutional
On Tuesday, gold erased a total of $2.1 trillion in value, logging one of its worst days in years. Gold dev just rugged pic.twitter.com/rMHx6uLGLn — wale.moca 🐳 (@waleswoosh) October 21, 2025 The yellow metal, as noted by commodity trader Peter Brandt, has lost more than half of the total crypto market cap, which currently stands
According to Eric Balchunas, senior ETF analyst for Bloomberg, the number of cryptocurrency ETF filings has already reached 155. The analyst expects this number to eventually hit 200 amid what appears to be a “total land rush.” Solana and Bitcoin in the lead Solana (BTC) and Bitcoin (BTC) are currently in the lead when it
Fidelity says that as crypto goes mainstream and proves its longevity, more customers are asking their financial advisors about the benefits and risks of these investments. The firm is now advising advisors to help clients navigate the intricacies of investing in crypto. Fidelity Claims Digital Assets Are Becoming More Common in Advisor-Client Conversations The Facts:
Sanae Takaichi was selected as Japan’s 104th Prime Minister yesterday, and her new cabinet has been inaugurated. The appointments of key ministers, including Satsuki Katayama (Finance) and Hisashi Matsumoto (Digital), alongside the new coalition with Nippon Ishin no Kai, will significantly impact the trajectory of the “Tax Reform 2026” sought by the crypto industry. International
Kraken boss David Ripley has fired back against a senior executive of the American Bankers Association, who argued that stablecoins yield is a “detriment” to banks’ abilities to support their community. ABA’s senior vice president of innovation and strategy, Brooke Ybarra, said if major crypto exchanges such as Kraken or Coinbase were allowed to pay
China’s Crypto strategy is turning money into a weapon of statecraft. A recent study published by Study Times—the journal of China’s Central Party School—argued that digital assets now shape warfare and finance. The study described crypto and central bank digital currencies (CBDCs) as tools of “financial mobilization.” They allow states to redirect liquidity when banks
A leading asset management firm, ProShares, has announced its intention to introduce a new crypto ETF that will track the CoinDesk 20 Index. To achieve this, the company seeks approval from the Securities and Exchange Commission (SEC) after submitting a filing to the commission. Meanwhile, reliable sources have noted that this index is crucial in