Morgan Stanley plans to offer a spot bitcoin ETF at 14 basis points, undercutting competitors and potentially igniting fee competition in the market. This strategic pricing aims to attract investments by leveraging its vast wealth management network.
Gate News: According to the latest Gate TradFi data, VIX (VIX) has surged by 9% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.
Bitcoin's price has declined below $66,000 amid geopolitical tensions and poor U.S. market performance, leading to significant losses in the crypto market. Investor sentiment is dampened as recession fears grow.
Gate News: According to the latest Gate TradFi data, XTIUSD (WTI Crude USOIL) has surged by 6% in a short period. Current volatility is significantly higher than recent averages, indicating increased market
Gate News: According to the latest Gate TradFi data, VIX (VIX) has surged by 7.5% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.
In brief
ICE has invested another $600 million into Polymarket, fulfilling its commitment made in October.
Rival Kalshi recently raised $1 billion at a $22 billion valuation, outpacing Polymarket's current valuation.
Prediction markets face mounting regulatory pressure, with lawmakers
Africa is emerging as a leading market for digital assets, driven by necessity rather than speculation. With significant growth in on-chain value and increasing crypto adoption, the continent is addressing financial challenges through innovative solutions.