Abu Dhabi ADIC | Investment in Bitcoin ETF Tripled

Key Takeaways ADIC tripled its IBIT stake, showing its long-term conviction to bitcoin. ADIC and Mubadala together hold over 16 million IBIT shares. Abu Dhabi says it sees bitcoin as a gold-like diversification asset. Abu Dhabi’s Investment Council (ADIC) has made a major move into Bitcoin. The fund tripled its investment in BlackRock’s iShares Bitcoin…

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Are ETFs the key to a rally?

XRP could be in for a major shake-up this year thanks to a wave of new ETFs hitting the market. Bitwise, Franklin Templeton, and other investment companies are gearing up to launch theirs soon, and Franklin Templeton’s ETF alone is projected to bring in $150-$250 million on the first day. Naturally, everyone’s wondering whether this…

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Tether Doubles Down on Latam With Parfin Investment

The stablecoin company aims to accelerate institutional adoption of USDT by targeting use cases solvable through its solutions. The undisclosed investment in Parfin enables USDT to be featured in the company’s CAAS offerings, which include integrated compliance. Tether Invests in Parfin to Increase Institutional Adoption In Latam The Facts Tether, the largest stablecoin company in…

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