Key Takeaways:
- Quiet but significant progress on U.S. crypto regulation
- ETF inflows remain steady and supportive
- Market momentum stalls amid continued profit-taking
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Key Takeaways:
Crypto held steady through a weekend in which Washington turned down Tehran's seven-day proposal to reopen the Strait of Hormuz, before selling off in Asian trading on Monday as reports pointed to renewed US strikes after the midterms.
The problem with running a global crypto exchange from offshore is not just compliance. It is who stands behind you when a major power comes calling.
Interviews with 15 large allocators suggest the barriers to crypto adoption are now governance and career risk rather than investment merit, with bitcoin increasingly treated as a companion to gold.
The three single-token portfolios rebalance through smart contracts and are open only to eligible investors outside the US, with BlackRock supplying model allocations while disclaiming any role as adviser or manager.