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21Shares Launches Six Crypto ETPs in Sweden Amid ETF Craze

21Shares, a prominent provider of crypto exchange-traded products (ETPs), announced the launch of six new funds on Sweden’s Nasdaq Stockholm. This expansion includes ETPs for Aave, Cardano, Chainlink, Polkadot, and two crypto basket products, increasing their total offerings on this exchange to 16. The launch follows a surge in crypto ETF activity in the US, including recent Solana ETF introductions. Alistair Byas Perry, head of EU investments at 21Shares, noted the growing interest from Nordic investors for diverse, cost-effective access to digital assets. 21Shares manages approximately $8 billion in assets globally, which constitutes around 4% of the total $191.5 billion in crypto ETFs worldwide. The company continues to respond to market demands as institutional and retail investments in digital assets rise amid increased regulatory acceptance and the introduction of new products.

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Proposed Bitcoin for America Bill Would Enable BTC Tax Payments, Which Go to Reserve

Rep. Warren Davidson has introduced a bill allowing Americans to pay federal taxes using Bitcoin, intending to deposit the collected BTC into the U.S. stockpile. The bill emphasizes the potential of Bitcoin as a non-inflationary asset, asserting the need for the U.S. to enhance its national wealth to

AI relief rally meets BTC drag

Equities rallied with the Nasdaq up 2.15% and the S&P 500 up 1.39% after Nvidia beat earnings and projected $65 billion in Q4 revenue. In contrast, Bitcoin (BTC) fell 1.66%, with almost all sectors closing in the red except for a few, notably meme coins

Ethereum Blockchain’s Fusaka Upgrade Signals New Era for Value Accrual

Ethereum's Fusaka upgrade, set for December, reflects a strategic shift toward a more economically coherent roadmap, enhancing scalability and usability while potentially boosting value accrual for ether holders. Fidelity Digital Assets highlighted that for years, Ethereum's development was muddled by competing stakeholder priorities, but Fusaka represents

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