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The SEC pauses crypto ETF approvals whereas a Japanese textile producer invests $5 million in Bitcoin. In the meantime, Trump’s DeFi platform continues aggressive Ethereum accumulation technique.
SEC Halts Crypto Index Fund Conversions Amid Regulatory Uncertainty
The Securities and Trade Fee delivered combined indicators this week on crypto index funds. The regulator accepted Bitwise’s plan to transform its $1.68 billion crypto index fund into an ETF. Nevertheless, the SEC instantly paused the approval pending additional fee evaluate.
Bitwise’s fund holds 90% in bitcoin and ethereum with remaining property throughout eight altcoins. The product would change into America’s first multi-asset crypto index ETF if accepted. Grayscale’s related Digital Massive Cap Fund confronted an identical therapy earlier this 12 months.
Market observers recommend the SEC hesitates on index funds containing unapproved standalone crypto ETFs. This regulatory strategy might delay index fund approvals till particular person altcoin ETFs obtain clearance. The fee continues reviewing a number of crypto ETF functions from main asset managers together with Franklin Templeton and Constancy.
Historic Japanese Textile Agency Embraces Bitcoin Treasury Technique
Kitabou Co., a conventional textile producer in Hakusan Metropolis’s UNESCO Geopark area, introduced plans to buy $5 million in Bitcoin. The corporate will purchase the digital asset by periodic purchases on home crypto exchanges over time. Kitabou plans to lend parts of its Bitcoin holdings to crypto-related companies for producing regular curiosity earnings.
The established agency allotted an extra $1.3 million for crypto mining operations and infrastructure by December 2028. Administration is actively exploring joint ventures with abroad companions to speed up complete cryptocurrency enterprise growth throughout borders. The strategic transfer represents Japan’s legacy producers more and more diversifying their portfolios into digital property for progress.
Kitabou’s modern technique efficiently blends conventional manufacturing roots with cutting-edge digital finance in Asia’s quickly evolving blockchain ecosystem. The numerous announcement highlights rising company adoption of Bitcoin treasury methods throughout your entire area.
Trump’s DeFi Platform Accelerates Ethereum Accumulation Strateghty
President Trump’s household DeFi platform World Liberty Monetary (WLFI) is as soon as once more accelerating its Ethereum purchases. In response to on-chain information analyst AI, WLFI-related addresses bought an extra 1,740 ETH (value roughly $6.5 million) early on the twenty third.
WLFI’s latest Ethereum purchases are being evaluated as a complete concentrated funding technique that goes past easy “dollar-cost averaging.” Over the previous six days, three WLFI-related wallets have gathered a complete of 5,608.48 ETH (roughly $19.46 million).
WLFI 关联地址 2 分钟前再次加仓 1740 枚 $ETH ，价值 650 万美元
过去六天三个 WLFI 已累计买入 5608.48 ETH（约 1946 万美元），均价 $3469.66，该部分已浮盈 145.7 万美元
钱包地址https://t.co/rDEeOYYVfwhttps://t.co/xqNGtZ9gGehttps://t.co/QJh4Nci3GA https://t.co/LUgcIyZhko pic.twitter.com/ntYswp6rh8
— Ai 姨 (@ai_9684xtpa) July 23, 2025
The typical buy value is round $3,469.66 per ETH, and primarily based on the present Ethereum value (round $3,700), this represents an unrealized achieve of roughly $1.45 million. Even after these purchases, WLFI maintains Ethereum as greater than 65% of its complete property.
Paul Kim and Shigeki Mori contributed.
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