Is Trump’s Family Cashing In on Crypto? Japan’s Big Bet on Bitcoin Revealed!

SEC Pauses Crypto ETFs, Japan Manufacturer Adopts <a href="https://jpykr.com/btc-usd/">BTC</a>, and Trump Family

Greetings! Here’s your daily briefing on the latest crypto updates from the Asia-Pacific region, impacting local markets and overall sentiment worldwide. Sit back with a cup of green tea as we keep you informed.

The Securities and Exchange Commission (SEC) is temporarily halting the approval of cryptocurrency exchange-traded funds (ETFs), while a Japanese textile manufacturer pours $5 million into Bitcoin investments. At the same time, Donald Trump’s DeFi platform persists in its aggressive strategy of stockpiling Ethereum.

This version aims to maintain the original information’s structure and meaning but uses simpler language and a more conversational tone. It also replaces proper nouns with common names (SEC for Securities and Exchange Commission, DeFi for Decentralized Finance platform) where appropriate to make it easier for the reader to understand.

SEC Halts Crypto Index Fund Conversions Amid Regulatory Uncertainty

This week, the Securities and Exchange Commission gave ambiguous indications regarding crypto index funds. Specifically, the regulatory body granted approval for Bitwise’s proposal to transform its $1.68 billion crypto index fund into an exchange-traded fund (ETF). Yet, the SEC has now put a hold on the approval process until they conduct a more thorough examination by their commission.

As a researcher, I am examining the unique composition of Bitwise’s fund, which allocates approximately 90% of its assets to bitcoin and ethereum, with the remaining proportion distributed across eight diverse altcoins. If approved, this product would pioneer the path as America’s initial multi-asset crypto index Exchange Traded Fund (ETF). Previously this year, Grayscale’s Digital Large Cap Fund encountered a similar evaluation process.

Financial analysts are saying that the Securities and Exchange Commission (SEC) may be holding back on approving index funds that include unapproved standalone cryptocurrency exchange-traded funds (ETFs). This cautious stance could potentially postpone the approval of such index funds until individual altcoin ETFs have been given the green light. The SEC is currently examining numerous crypto ETF applications submitted by prominent asset managers, including Franklin Templeton and Fidelity.

Historic Japanese Textile Firm Embraces Bitcoin Treasury Strategy

In a groundbreaking move, the age-old textile firm, Kitabou Co., located within Hakusan City’s UNESCO Geopark district, has unveiled its decision to invest $5 million in Bitcoin. Over time, they will procure this digital currency through regular purchases on local cryptocurrency exchanges. The strategic aim of the company is to loan out portions of their Bitcoin holdings to businesses in the crypto sector, with the objective of earning a consistent stream of interest income.

By the end of 2028, as a researcher, I’ve found that our established firm has earmarked an extra $1.3 million for crypto mining operations and infrastructure expansion. Our management team is actively pursuing partnership opportunities with foreign entities to expedite the global development of our cryptocurrency business. This strategic move underscores Japan’s traditional manufacturers broadening their portfolios into digital assets, aiming for growth in the ever-evolving landscape of digital finance.

Kitabou’s groundbreaking approach skillfully combines old-school manufacturing foundations with modern digital finance, particularly in the fast-paced blockchain landscape of Asia. This major declaration underscores the increasing trend of companies throughout the region embracing Bitcoin as part of their treasury strategies.

Trump’s DeFi Platform Accelerates Ethereum Accumulation Strateghty

The Trump family’s Decentralized Finance platform, World Liberty Financial (WLFI), is ramping up its Ethereum acquisitions again. According to data analysis by an artificial intelligence system, addresses linked to WLFI bought an extra 1,740 Ether (valued around $6.5 million) in the early hours of the 23rd.

It’s being analyzed that WLFI’s latest Ethereum acquisitions represent a focused investment approach that transcends traditional “dollar-cost averaging.” Over the last six days, three wallets linked to WLFI have amassed approximately 5,608.48 ETH, which is equivalent to around $19.46 million.

2 minutes ago, WLFI associated address bought another 1740 ETH worth approximately 650 million dollars.

Over the past six days, three WLFI addresses have collectively purchased 5608.48 ETH (around 1946 million dollars). The average price was $3469.66, and this portion is currently showing a profit of 145.7 million dollars.

The wallet address is…

— Ai 姨 (@ai_9684xtpa) July 23, 2025

On average, each ETH purchase costs about $3,469.66. Given that Ethereum is currently priced around $3,700, this means an estimated profit of approximately $1.45 million has not yet been realized. Despite these recent purchases, WLFI still holds more than 65% of its total assets in Ethereum.

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2025-07-23 06:26