Hedge funds, pensions, and banks invested significantly in Bitcoin-focused ETFs as the asset gained mainstream acceptance with the help of US regulators. Major players like Millennium Management and other firms from around the world engaged. The funds experienced a net inflow of $17 billion this year, bolstered by BlackRock’s $20 billion IBIT.
Sebi launches new verification agency to crack down on mis-selling
Sebi has launched the Past Risk and Return Verification Agency (PaRRVA) to combat mis-selling of investment products. This tech-driven system, linking credit rating agencies and