Bank of Montreal, the State of Wisconsin, and UBS join Bitcoin ETF wave

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The new high water mark for bitcoin ETF holdings has arrived. Boston-based Bracebridge Capital has reported owning $262m of“What is also notable IMO is the sheer number of holders that each has so far… $IBIT is up to 250,” Balchunas said in a follow-up from Swiss bank UBS, the country’s largest banking institution and the largest private bank in the world, showed the firm holds at least 3,600 shares of IBIT, which were purchased for around $40.50 per share.

- Federal Reserve Chair Jerome Powell attended a Foreign Bankers’ Association event in Amsterdam on Tuesday, which offered him the opportunity to comment on the U.S. economy in general, and inflation in particular, after PPI came in well above expectations in the morning.While Powell pointed to the progress that was made on inflation in 2023, he acknowledged that this year has not continued the positive trend.

- Northern Europe is a great place to build a mine, said Taj Singh, president and CEO of First Nordic Metals.

 

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