Key Takeaways JPMorgan will engage in digital asset trading but has no plans to launch a custody business. The bank is evaluating third-party custodians and its risk appetite before expanding further Share this article JPMorgan’s head of markets digital assets confirmed that the bank plans to engage in crypto trading but has no immediate plans to launch a custody service, saying the firm is instead exploring third-party custodians to support its growing digital asset business. Major banks are increasingly removing restrictions on Bitcoin ownership to enable broader client access. Payment…
Tag: Markets
Crypto Markets Wait as US Government Shutdown Drags On
America’s federal government has entered its third week of shutdown, leaving as many as 16 exchange-traded funds (ETF) awaiting approval should the shutdown continue into November. Most of the US government came to a standstill on Oct. 1 when the Republicans and Democrats failed to reach a funding agreement. This has caused agencies, including the US Securities and Exchange Commission, which approves ETF applications, to run with only essential staff. The crypto industry was set for a flood of ETFs in October, with the SEC set to make their final…
Bitcoin, Altcoins Collapse As Trade War Fear Hits Markets
Key points: Bitcoin has pulled below $116,000, but select analysts expect buyers to step in at lower levels and arrest the decline. Select altcoins have reached critical support levels where the buyers are expected to mount a strong defense. Bitcoin (BTC) attempted a recovery on Friday, but higher levels attracted selling. That has pulled the price under $116,000 as short-term traders are rushing to the exit. Analyst Stockmoney Lizards said in an X post that BTC is witnessing a shakeout in both directions. Despite the correction, the analyst remains bullish,…
BTC Leads Global Crypto Markets With Record ETP inflows
Key takeaways: Bitcoin reached a new all-time high of $126,200, backed by a record $5.67 billion ETP inflows. Fiscal and geopolitical uncertainty have revived the “debasement trade” narrative. Institutional inflows dominate while retail participation continues to decline. Bitcoin (BTC) stormed to a new all-time high of $126,200 on Monday, following one of the strongest weeks on record for digital assets as global crypto exchange-traded products (ETPs) logged $5.67 billion in net inflows, the largest ever weekly haul. The surge reflected the return of investor conviction, fuelled by renewed faith in…
S&P Launches Digital Markets 50 Crypto Index
S&P Global plans to launch a new benchmark index that tracks a wide range of digital assets and blockchain-related companies, signaling growing recognition of the crypto sector within traditional finance. The S&P Digital Markets 50 Index, created in partnership with tokenization company Dinari, includes 15 cryptocurrencies with a market capitalization of at least $300 million and 35 publicly traded companies in the sector with a market cap of at least $100 million, S&P announced Tuesday. Constituents have not yet been published, but no single component will exceed 5% of the…
S&P unveils Digital Markets 50 index, offering diversified exposure to digital assets: Barron’s
Key Takeaways S&P launched the S&P Digital Markets 50 to offer diversified exposure to cryptocurrencies and crypto-related stocks. This move is part of S&P’s broader efforts to incorporate crypto tracking tools into its index offerings. Share this article S&P today unveiled the S&P Digital Markets 50, a new benchmark designed to provide diversified exposure across cryptocurrencies and crypto-related stocks, Barron’s reported. The major index provider launched the product as part of its ongoing efforts to integrate crypto tracking tools into its offerings. S&P has previously developed indices focused on digital…
Boon For Crypto Markets, Risk Assets
Japan’s newly elected prime minister, Sanae Takaichi, may bring fresh political momentum for risk assets, including cryptocurrencies, as her victory drove the country’s benchmark Nikkei index to an all-time high. Japan’s Nikkei index rose 4.75% on Monday to a new all-time high close of 47,734.04, according to TradingView. The rally followed Takaichi’s election on Saturday, setting her up to become Japan’s first female prime minister when she takes office on Oct. 15. Takaichi is widely regarded as pro-growth, supporting low interest rates, tax cuts and large-scale economic stimulus. Her stance…
Crypto Markets Will Rally Once US Treasury Hits $850 Billion Goal: Analyst
Crypto markets will enter “up only” mode once the United States Treasury hits its target goal of filling the General Account (TGA), the Treasury Department’s bank account, with $850 billion, according to Arthur Hayes, co-founder of the BitMEX crypto exchange. “With this liquidity drain complete, up only can resume,” Hayes wrote on Friday as the US TGA’s opening balance crossed $807 billion. When the Treasury is filling its General Account, the funds are generally sequestered and do not flow into private markets. However, not all analysts were convinced by Hayes’…
What Korea’s big bet means for global markets
Massive pullout of Korean investors from Tesla For years, Korean retail investors have been behind Tesla, contributing significantly to the company’s global stock market surges. However, in August 2025, Korean investors withdrew a whopping $657 million from Tesla stock, the largest monthly outflow in over two years. The withdrawal of investments extends beyond direct stock investments. Leveraged products linked to Tesla, such as the 2x leveraged exchange-traded fund (ETF), TSLL, saw outflows of $554 million in August 2025, the largest since early 2024. For retail investors who previously boosted Tesla’s…
Native Markets Takes Home The Prize, Secures USDH Ticker After Heated Race
Native Markets, one of the teams that submitted a proposal to issue and manage the Hyperliquid crypto exchange’s US dollar stablecoin (USDH), officially claimed the USDH ticker on Sunday, following a community vote. The project will deploy the inaugural Hyperliquid Improvement Proposal (HIP) for USDH and an ERC-20 token, the token standard for the Ethereum network, in the coming days, Max Fiege, founder of Native Markets, said in an X post. He also outlined the next steps: “We will then start with a testing phase for mints and redeems of…