Crypto Today: WisdomTree tokenized fund, BPCE crypto, BTC rally
Today’s crypto highlights: WisdomTree broadens its tokenized fund lineup with an onchain options-income strategy, France’s BPCE will enable in-app trading of BTC, ETH, SOL and USDC, and Coinbase Institutional anticipates a year-end rally for Bitcoin.
WisdomTree launches tokenized options-income fund
Asset manager WisdomTree has introduced a tokenized fund that brings an options-income strategy onchain, reflecting the continued integration of blockchain technology with traditional finance.
The WisdomTree Equity Premium Income Digital Fund is designed to mirror the price and yield performance of the Volos US Large Cap Target 2.5% PutWrite Index, a benchmark “put-writing” approach used to generate income and mitigate market volatility.
Will Peck, WisdomTree’s head of digital assets, said the offering provides investors added flexibility to trade investment strategies onchain.
Following this launch, WisdomTree now manages 15 tokenized funds, including its Government Money Market Fund, which holds more than $730 million in assets.
French banking group BPCE to roll out in-app crypto trading
French banking group BPCE is preparing to offer crypto trading to millions of retail clients, positioning it among the first major European banks to provide direct access to digital assets.
According to a report from The Big Whale, users will be able to buy and sell Bitcoin (BTC), Ether (ETH), Solana (SOL) and USDC (USDC) within the Banque Populaire and Caisse d’Épargne mobile applications starting Monday.
The initial phase will include customers of four regional banks, among them Banque Populaire Île-de-France and Caisse d’Épargne Provence-Alpes-Côte d’Azur, reaching roughly 2 million users. BPCE plans to scale the service progressively across its remaining 25 regional entities through 2026, ultimately covering its full retail base of about 12 million.
A bank insider told The Big Whale the phased rollout is intended to “monitor how the service performs at launch” before broader deployment.
Coinbase Institutional projects potential year-end Bitcoin rally
Coinbase Institutional expects Bitcoin and the broader crypto market to strengthen into year-end, citing an expanding global M2 supply and anticipated U.S. Federal Reserve rate cuts.
“We think crypto could be poised for a December recovery as liquidity improves, Fed cut odds jump to 92% (as of Dec 4), and macro tailwinds build,” Coinbase Institutional wrote in a recent report.
The firm had previously flagged Bitcoin’s October “weakness” based on money-supply trends and now anticipates a “December reversal.”
A year-end upswing would be consistent with historical seasonality, often referred to as the “Santa Claus rally,” when asset prices tend to rise during the holiday period.
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