Need to know what moved crypto markets today? Here are the main developments affecting Bitcoin, blockchain, DeFi, NFTs, Web3 and regulation.
WisdomTree tokenizes options income strategy
Asset manager WisdomTree launched a tokenized fund that brings a complex options-income strategy onchain. The WisdomTree Equity Premium Income Digital Fund is designed to track the Volos US Large Cap Target 2.5% PutWrite Index, a put-writing benchmark used to generate income and help hedge volatility. WisdomTree says the product gives investors more flexibility to trade strategy exposure onchain. The firm now runs 15 tokenized funds, including a Government Money Market Fund that holds over $730 million in assets.
BPCE to launch in-app crypto trading
French banking group BPCE plans to add crypto trading directly inside its Banque Populaire and Caisse d’Épargne mobile apps, letting customers buy and sell Bitcoin (BTC), Ether (ETH), Solana (SOL) and USDC. The initial rollout will cover clients of four regional banks—including Banque Populaire Île-de-France and Caisse d’Épargne Provence-Alpes-Côte d’Azur—reaching roughly 2 million users. BPCE intends to expand the service across its remaining 25 regional entities through 2026, eventually offering crypto trading to its full retail base of about 12 million customers. The bank is phasing the rollout to monitor performance before wider scaling.
Bitcoin poised for year-end rally: Coinbase Institutional
Coinbase Institutional says Bitcoin and the broader crypto market could see a strong year-end rally, driven by rising global M2 money supply and anticipated U.S. Federal Reserve rate cuts. In a recent report, the firm noted Fed cut odds had risen to about 92% (as of Dec. 4) and expects liquidity improvement to support a December recovery after October weakness tied to money-supply dynamics. Such a year-end uptick would be consistent with historical seasonality, including the so-called “Santa Claus rally.”
