Happy Wednesday!

Bitcoin treasury companies must acquire at least 10,000 BTC per month to remain viable, says Fred Krueger, highlighting Michael Saylor’s strategy. Krueger said treasure companies must “buy like sharks” — what exactly does he mean by that metaphor?

Coinbase Global is seeking the SEC’s approval to offer “tokenized equities” to its customers, joining a list of other companies making similar efforts, including Robinhood — what exactly is the crypto giant planning?

Plus, in a market where Treasuries offer safe but capped returns, if you’re interested in an actively-managed ETF that targets high-yield corporate bonds while employing options-writing strategies to boost income, check out today’s sponsor.

TOP STORY

Fred Krueger Says Bitcoin Treasury Firms Must Buy Like Sharks — 10,000 BTC Monthly To Stay Afloat

Crypto investor Fred Krueger sparked conversation on Tuesday with a bold analogy – Bitcoin treasury companies are like sharks, they must keep moving (buying) to survive. “If they stop, the strategy fails,” he added, likening the aggressive Bitcoin acquisition behaviour to a feeding frenzy that persists regardless of price levels.

Krueger said these companies need to purchase 10,000 BTC every month just to maintain strategic momentum.

He pointed to Michael Saylor's BTC accumulation strategy for his company Strategy, which has involved purchasing at least 10,000 BTC every two months since 2024..

Read the full scoop here.

Fixed Rates, Flexible Strategy: How The Infrastructure Capital Bond Income ETF (BNDS) Navigates Today’s Complex Waters

In a market where Treasuries offer safe but capped returns, the Infrastructure Capital Bond Income ETF (BNDS) provides an alternative worth looking into. Managed by seasoned portfolio manager Jay Hatfield, BNDS targets high-yield corporate bonds while employing options-writing strategies to boost income. 

Unlike passive bond ETFs, BNDS dynamically adjusts its holdings seeking to exploit undervalued credit and capitalize on spread compression if economic conditions improve. This flexibility could lead to both enhanced income and capital appreciation – two levers Treasuries don’t offer. For income-seeking investors seeking to look beyond the obvious, BNDS may have the potential to deliver tactical value in a shifting environment. 

To learn more about this income-focused ETF and dig into the research, click here.

QUICK N DIRTY

Bitcoin, Ethereum and Dogecoin extended declines for a second consecutive day as geopolitical tensions continue to loom while traders await the FOMC meeting. While one popular trader predicts volatility for BTC, another marks a key support level.

Dogecoin has dropped 15% in seven days, but this widely-followed technical analyst painted bold targets at $0.6533 and even $1.25, despite the meme coin’s corrective price action of late — what’s driving the optimism?

XRP is likely to reach $2.65 and $5 in its next leg as two Canadian XRP ETFs, Purpose XRP ETF and 3iQ XRP ETF, were officially launched on the Toronto Stock Exchange (TSX) today — is the U.S. next in line for an XRP ETF approval?

FINTECH FOCUS

Coinbase Eyes SEC Nod For Blockchain-Based Stocks— Legal Head Paul Grewal Says It's A 'Huge Priority'

Coinbase Global Inc. is seeking the SEC’s approval to offer “tokenized equities” to its customers, according to a report on Tuesday. Paul Grewal, the chief legal officer of Coinbase, said in a Reuters interview that the concept is a “huge priority” for the company.

This move by Coinbase comes in the wake of similar efforts by other companies. Last month, Robinhood Markets Inc. proposed a federal framework to the SEC for tokenized real-world assets.

Currently, tokenized equities are not available for trading in the U.S., but firms are experimenting with the concept.

Read the full scoop here.

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