Bloomberg ETF analyst James Seyffart posted on social media that he agreed with crypto asset manager Bitwise's prediction that more than 100 crypto ETFs will be launched in 2026, but pointed out that many of these products will be difficult to maintain. We will see a large number of crypto ETP products liquidated. This could happen by the end of 2026, but more likely by the end of 2027, with over 126 ETP applications currently awaiting the results of the Securities Exchange Commission. Issuers a...
According to Bloomberg, the White House is preparing an executive order that would give 401 (k) plan managers legal protection to include private market funds, cryptocurrencies and other alternative assets in their investment options. Jon Gray, president of Blackstone Inc., said that once the United States paves the way for 401 (k) plans to expand beyond stocks and bonds, the head of the alternative asset industry will most likely benefit. The move will help the United States...