Bitcoin A march to restore The teacher of $ 120,000 again acquires a pace with a A mixture of tightening the offer And interesting events around the world.
Harvard University recently unveiled its allocation of $ 116.6 million to IBITCOIN from Blackrock. Meanwhile, El Salvador welcomes investment banks that focus on bitcoin, while organizational delays have put the first encryption in Japan.
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El Salvador opens the door for investment banks in Bitcoin
El Salvador acknowledged a law for investment investment that allows investment banks subject to regulation, which is different from commercial loans, for bitcoin and other digital assets on their public budgets. These institutions will be exclusively for advanced investors, and this is required to obtain a license for the digital asset service provider and at least $ 50 million at the start of the capital.
The law, which was approved on Thursday, aims to irritate the road for banks to choose to work in full as Bitcoin banks. Government officials say the framework is designed to attract foreign capital and strengthen the country’s position as a coding center. However, critics warn that the benefits may greatly prefer the wealthy institutions over the daily allevadorians.
The move comes at a time when the Bitcoin market is entering ETF. While the US -based Bitcoin investment funds are based in the United States, they put judicial flows and powers such as El Salvador moving forward, Japan was not home to the ETF.
There was Multiple reports this week About SBI Holdings in Japan to get investment funds in Spot Crypto. However, the company has made it clear that it has not yet submitted any requests for encryption investment funds. However, the company noted in the Q2 2025 profit report that it plans to launch investment funds associated with encryption and investment funds in investment funds upon organizational approval.
Harvard University is committed to more than $ 116 million to Bitcoin ETF
The institutional confidence in Bitcoin received a big boost with Harvard University Investment decision 116.6 million dollars in Ibit Spot from Blackrock Bitcoin ETF. This interesting investment has been revealed In a modern file With the American Securities and Stock Exchange Committee by Harvard Administration Company.
This great position of Bitcoin is raised to a prominent role in the stock portfolio at Harvard University, a noticeable shift in its investment choices, especially after its decision in the last quarter to expand the scope of exposure to many major major technology shares. According to the deposit, the endowment bought 1.9 million shares of ISHares Bitcoin Trust, at a value of $ 116.6 million. This value is placed Bitcoin as the fifth largest holding in the stock portfolio at Harvard University behind Microsoft, Amazon, Booking Holdings and Meta.
Harvard’s allocation is closely Investment trends in the United StatesThe Pitcoin ETFS in the United States has attracted more than $ 54 billion in flows since its launch in early 2024.
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The move comes at a time of tightening liquidity on the main exchanges, and it has contributed to Increase in upward feelings Ocean Bitcoin.
At the time of this report, Bitcoin is trading at $ 118,320, an increase of 4 % in the past seven days.
Distinctive image from Unsplash, tradingvief chart
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