Bitcoin ETFs just notched $697 million worth of inflows on Monday, their biggest gain since early October.
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Bitcoin, the No. 1 crypto by market cap, hasn’t recovered from a flash crash, chopping more than $1 trillion from the broader sector’s value.
The firm isn’t fully convinced of crypto’s place in portfolios, with one executive likening it to a ‘digital Labubu.’
Innovative as the tokenized funds may be for JPMorgan, the bank is actually chasing an existing trend on Wall Street.
Connecticut claims Kalshi, Robinhood and Crypto.com don’t have the proper licenses to handle sports wagers in the state.
More than half of RIAs increased the number of strategies in which they invested.
Crypto’s exclusion further highlights the complete 180 Paul Atkins’s SEC has done on multiple issues from the previous administration.
Bitcoin has entered “death cross” territory, meaning its 50-day moving average has fallen below its 200-day moving average.
Outside of some high-net-worth clients’ portfolios, tokenized assets are not yet the norm among advisors.
Bitcoin has so far fallen 20% from its 2025 peak this cycle; in previous bear markets, it fell as much as 30% to 40%.
While digital assets are feeling the chill heading into fall, it’s too early to say it’s the start of a full-blown crypto winter.
The move comes before the bank’s full rollout of its tokenization platform next year.
Still in the “early innings of its growth story,” Robinhood has morphed from an app with crowdsourced stock advice to a financial ecosystem.
PayPal’s PYUSD is the world’s sixth-largest stablecoin with a current market cap of $2.7 billion, all fully-backed by US dollar deposits.
Over one million brokerage accounts have now been opened with Charles Schwab for four consecutive quarters.