The state’s investment board’s stake is worth more than $340 million at IBIT’s current price of $56.10. What to know: Wisconsin’s investment board saw fit to significantly add to its bitcoin (BTC) bet in the last three months of the year. The State of Wisconsin Investment Board (SWIB) disclosed ownership of just over 6 million […]
The “buy now, pay later” company is backed by venture capital firm, Sequoia Capital, which has a 22% stake. What to know: Klarna Bank AB, a Swedish fintech company popular in Europe, plans to embrace cryptocurrencies on its platform, the firm’s chief executive officer, Sebastian Siemiatkowski announced in a post on X over the weekend. […]
The company plans to launch three ETFs later this year, all issued under the Truth.Fi brand. What to know: U.S. President Donald Trump’s media company, Trump Media and Technology Group (TMTG), is making moves to launch exchange-traded funds (ETFs), including one tracking the price of bitcoin (BTC), according to an announcement on Thursday. Clearly, Trump Media and […]
The Securities and Exchange Commission had previously only allowed cash redemptions when the spot bitcoin ETFs were approved last January. What to know: Nasdaq has filed a proposed rule change to allow in-kind creation and redemption for the BlackRock iShares Bitcoin Trust (IBIT), according to a Friday filing to the U.S. Securities and Exchange Commission (SEC). The […]