In a separate statement, Osprey said that the deal for Bitwise to acquire the Osprey Bitcoin Trust had been scuttled after failing to get the necessary regulatory approvals.
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European retail investors will likely feel the biggest effect of the MiCA regulations through more stringent data collection and the potential introduction of crypto taxation laws.
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Memecoins were also tipped by the survey respondents as a top source of market growth next year, behind AI tokens.
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Despite having no intrinsic value, memecoins have created many new millionaires among crypto investors.
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The Spotlight Stock Market offers traditional investors a total of 45 exchange-traded products to choose from.
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Jim Cramer doubled down on his tip to buy crypto, saying he was “going to call the top by recommending it yet again.”
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MicroStrategy acquires 55,000 Bitcoin for $5.4 billion, boosting its holdings to 386,700 BTC amid bullish institutional sentiment.
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A recent survey shows institutional investors’ growing confidence in crypto, with many planning increased long-term allocations.
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United States investors increased exposure to Bitcoin and Ether ETFs as a strong price rally fueled unprecedented inflows.
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Despite the growing number of investors, only 10% held over $7,200 worth of digital assets in their crypto portfolios.
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