Mashreq Capital has launched BITMAC, a DIFC-based multi-asset mutual fund that includes equities, fixed income, gold and Bitcoin via ETFs. The fund is systematically rebalanced and aims to offer diversified crypto exposure to retail investors.
Vanguard's new crypto price-tracking ETFs drew heavy demand on day one, lifting XRP and Solana sharply. Traders cited increased access and fresh liquidity as the main catalysts.
Leveraged ETFs built on a bitcoin-hoarding strategy are among the biggest victims of this year’s crypto downturn, after a bitcoin price slide dragged down shares of the largest corporate holder of the token.
Vanguard will allow clients to access crypto ETFs tied to Bitcoin, Ethereum, XRP and Solana, a move that broadens mainstream exposure and integrates digital assets into traditional portfolios. The decision could reshape allocation strategies for millions of investors.
Bitwise’s CEO has warned that a key sign points to a potential Bitcoin bear market, even as Vanguard reverses course and will allow trading of crypto-focused ETFs and mutual funds on its platform. The Vanguard move could broaden access and liquidity, offsetting some downside pressure.
According to Yahoo, Bank of America will allow its wealthiest clients to buy Bitcoin ETFs and for the first time permit its network of advisers to recommend crypto exposure, with a 1–4% allocation guideline. The move signals broader institutional acceptance of BTC products.
Vanguard will allow regulated digital-asset ETFs on its platform, giving its roughly 50 million clients access and reversing a long-standing anti-crypto stance. The firm says listings will follow its compliance and custody standards.
Goldman Sachs will buy active ETF provider Innovator Capital Management in a cash-and-stock transaction valued at about $2 billion, the firm announced Monday. The move bolsters Goldman’s push into the fast-growing ETF sector and expands its product and distribution capabilities.
XRP climbed about 7% on Tuesday, marking its largest breakout in weeks after Ripple-backed ETFs began trading. Traders pointed to renewed institutional demand and higher liquidity as immediate drivers.