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Crypto and Rates to Drive US Convertible Debt Growth in 2025

(Bloomberg) -- The US convertible securities market could test its pandemic-era highs in 2025, bankers say, with interest rates remaining above where many on Wall Street expected and a crypto asset-related strategy that shows no sign of going away soon.Most Read from BloombergHow California Sees the World, and ItselfHong Kong's Expat Party Hub Reshaped by Chinese InfluxLondon’s Tube Fares Are Set to Rise by 4.6% Next YearEquity-linked securities issued by American companies reached $81 billion i

Bitcoin Rally Leaves the World’s Original Crypto ETFs Behind

(Bloomberg) -- In what’s been a record-breaking year for Bitcoin, the originators of the world’s first exchange-traded funds to hold the cryptocurrency appear to be at risk of being left behind. Most Read from BloombergHow California Sees the World, and ItselfHong Kong's Expat Party Hub Reshaped by Chinese InfluxLondon’s Tube Fares Are Set to Rise by 4.6% Next YearBitcoin ETFs were launched in Canada in February 2021, making them the first in the world. This led to billions of dollars of inflows