Gensler also signaled an openness to an 40 Act ETF [sic] focused exclusively on Bitcoin futures that follows mutual fund oversight rules.
A number of institutional investors who in one survey likened cryptocurrency to rodents’ least-favorite dish seem to be warming to the asset class.
Financial havens like the Cayman Islands and Singapore are figuring out how to run digital assets for retirement investors around the world.
Total outstanding loans on Aave’s platform grew from $93.7 million in July 2020 to $6.92 billion in July 2021, up over 70x year over year.