Cryptowire, NEW YORK: Bitcoin traded above $70,000 during the latest session, reaching an intraday high of $70,240 before pulling back to about $68,400, as the largest cryptocurrency extended a rebound that also lifted crypto-linked equities. The move returned the token to a level that has remained closely watched after sharp swings in recent months, while drawing fresh attention to a parallel shift on Wall Street as banks, brokers and asset managers continue to expand products and infrastructure tied to digital assets. That institutional buildout has moved beyond offering indirect exposure through listed funds. Charles Schwab has launched a dedicated Schwab Crypto page ahead…
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Goldman Sachs’ crypto ETF holdings exceed $2B, showing rising institutional interest in Bitcoin and Ethereum as Wall Street firms increase their digital asset investments.
The SEC rescinds SAB 121, clearing barriers for banks to custody bitcoin and crypto, signaling a major step in regulatory evolution for digital assets.
