WisdomTree Deposits 8,258 BTC Worth Nearly $600 Million to CEX in Past 20 Hours
WisdomTree deposited 8,258 BTC worth $598.89 million and 48.83 ETH worth $125,000 into CEX in the last 20 hours, according to Onchain Lens monitoring. WisdomTree still holds 5,611 BTC worth $388 million and 16,767 ETH worth $41.9 million.
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Indian regulators announced on Thursday that they will allow the country’s $463 billion portfolio management industry to invest in overseas securities for the first time and to conduct short-selling in stock options. This move opens up new channels for India’s wealthy class to access global markets and holds significance for AI-related assets, which have attracted strong investor interest. Additionally, India will launch new portfolio management products with lower investment thresholds.
