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Grayscale Expands Bitcoin ETF Offerings With Two Covered Call Funds


Grayscale has introduced two new bitcoin-focused exchange-traded funds (ETFs), the Bitcoin Covered Call ETF (BTCC) and the Bitcoin Premium Income ETF (BPI). These actively managed funds use covered call strategies to generate income while offering exposure to bitcoin’s price movements....

Indian IT Firm Jetking to Raise Funds for Bitcoin Treasury Expansion


Jetking Infotrain Limited, a Mumbai-based IT education firm, announced plans Wednesday to raise ₹6.6 crore ($793,000) through a preferential share issue to expand its bitcoin reserves and fund cryptocurrency-related initiatives, Chief Financial Officer Siddarth Bharwani confirmed. Jetking Doubles...

Brazil Bans Retirement Funds From Investing in Cryptocurrency


The National Monetary Council, one of the major institutions managing monetary system policies in Brazil, issued this cryptocurrency investment ban for pension funds as it considered crypto’s “specific investment and risk characteristics” in a resolution issued on March 27. Brazil...

SIR.trading begs hacker to return $255K or ‘no chance for us to survive’


The founder of the recently hacked decentralized finance protocol SIR.trading has made an emotional plea to the attacker, asking them to return around 70% of the stolen customer funds otherwise, the protocol will not survive.“Here is my proposal, keep $100k as a fair share for your critical...

SIR.trading begs hacker to return $255K or ‘no chance for us to survive’


The founder of the recently hacked decentralized finance protocol SIR.trading has issued an emotional plea to the attacker, urging them to return approximately 70% of the stolen customer funds. Without the recovery of these funds, the protocol is unlikely to survive.“Here is my proposal, keep...

Crypto funds see $226M of inflows, but asset values slump — CoinShares


Cryptocurrency exchange-traded products (ETPs) continued to see modest inflows last week, extending a reversal from a record-breaking streak of outflows.Global crypto ETPs posted another $226 million in inflows in the last trading week, adding to the prior week’s $644 million inflows...

Crypto funds see $226M of inflows, but asset values slump — CoinShares


Cryptocurrency exchange-traded products (ETPs) continued to see modest inflows last week, extending a reversal from a record-breaking streak of outflows.Global crypto ETPs posted $226 million in inflows in the last trading week, adding to the prior week’s $644 million inflows, CoinShares...

North Carolina bills would add crypto to state’s retirement system


North Carolina lawmakers have introduced bills in the House and Senate that could see the state’s treasurer allocate up to 5% of various state retirement funds into cryptocurrencies such as Bitcoin.The Investment Modernization Act (House Bill 506), introduced by Representative Brenden Jones...

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