Fannie Mae is collaborating with Coinbase to roll out crypto-backed mortgages, marking a significant shift in traditional mortgage structures and providing a new avenue for utilizing cryptocurrency in securing property loans.
Morgan Stanley is preparing to launch a Bitcoin ETF with a competitive 0.14% fee structure, aimed at attracting investors looking for lower costs in Bitcoin fund management. This development comes as Bitcoin ETFs see positive inflow recovery following recent outflows.
U.S. Senators introduced the 'Mined in America Act' to expand domestic Bitcoin mining and establish a strategic Bitcoin reserve, while Franklin Templeton integrated XRP as the third-largest holding in its newly launched crypto index ETF, reflecting strategic diversification in digital assets.
