BTC $71,807
2026 Bull Run Is Building Start trading with 5% OFF all fees
Sign Up Now
BTC $71,807
Bull Run 2026 | 5% Off Fees Open your Binance account today
Sign Up

Nomura Unleashes Bitcoin Adoption Fund Amid Regulatory Buzz

Japan's Largest Investment Bank Dives into Cryptocurrency as Global Institutional Interest in Bitcoin Surges

Nomura, Japan’s largest investment bank, with over US$500 billion worth of assets, has launched a Bitcoin Adoption Fund.

- Advertisement -

The Bitcoin Adoption Fund includes long-only exposure to Bitcoin and comes amid intense discussion by regulators around Bitcoin-based products, with the next decision on US spot Bitcoin ETFs pending October 15.

This fund is part of Laser Digital Funds SPC, a Segregated Portfolio Company, which is registered as a mutual fund. 

The Bitcoin Adoption Fund aims to provide institutional investors with a streamlined and efficient gateway into the rapidly evolving digital assets space.

This move comes at a time when there is an unprecedented wait for the approval of spot Bitcoin ETFs in the United States.

- Advertisement -

The U.S. Securities and Exchange Commission (SEC) has extended the evaluation period for all six pending Bitcoin Spot ETF applications, with a new decision deadline set for October 17, 2023.

It’s worth noting that the US, Canada, and Europe have approved several Bitcoin-focused funds over the past couple of years.

This shows a growing trend of institutional adoption of Bitcoin globally. It’s an exciting time in the world of digital assets!

🔴 LATEST POSTS

Previous Articles:

- Advertisement -
Ad
Altseason Is Loading. Don't watch from the sidelines.
SOL $90.51
DOGE $0.0963
LINK $9.02
SUI $1.00
5% off fees when you sign up
Start Trading
Ad
Pay Less on Every Trade. For Life.
$10K/mo volume Save $60/yr
$50K/mo volume Save $300/yr
$100K/mo volume Save $600/yr
5% off all trading fees when you sign up
Claim Your Discount

Latest News

Ethereum Nears $2,000 As Market-Wide Correction Deepens

Ethereum (ETH) is facing a steep correction, falling 2.9% in the last 24 hours...

Bitcoin Depot Files Bankruptcy, Shuts Down ATM Network

Bitcoin Depot, North America's largest Bitcoin ATM operator, has filed for Chapter 11 bankruptcy...

Oil Inflation Fears Cloud Ethereum’s Tokenization Story

Fundstrat's Tom Lee identifies surging oil prices, with WTI crude above $106, as Ethereum's...

Kraken AI layoffs push US IPO to 2027

Cryptocurrency exchange Kraken has reportedly laid off approximately 150 employees, attributing the move to...

Crypto Market Plunges, $660M Liquidated in 24 Hours

Bitcoin has plunged to near $76,000, triggering over $660 million in market liquidations.Higher inflation,...

Must Read

Buy Domain With Bitcoin: Top 8 Domain Registrars That Accept Bitcoin And Crypto

You are here because you want to buy a domain with bitcoin, right? If you are looking for domain registrars that accept bitcoin or...
Ad
Altseason Is Loading. These 4 coins are trending right now.
SOL $92.12
DOGE $0.0950
LINK $9.02
SUI $1.02
5% off spot fees when you sign up
Start Trading