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US spot-Bitcoin exchange-traded funds suffered their largest daily outflow as the digital token heads for its worst week since August 2023. Investors pulled a net $564 million from the batch of almost a dozen funds on Wednesday, the biggest drawdown since the products debuted in January. The prospect of higher-for-longer interest rates has hurt risky assets ...
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Tokenisation is an area of great promise for capital markets. Many participants are working hard to create blockchain tokens that represents ownership of a broad spectrum of financial and tangible assets. But to deliver the benefits of tokenisation require a tokenised means of representing cash as well. Of the many benefits that tokenising assets could ...