21 Oaks Capital
Monthly Review

21 Oaks Newsletter — February 2025

1 March 2025·1 min read

BREAKING

  • The SEC initiates its policy shift on crypto and receives a number of new ETF applications.

MORE

  • 21Shares filed via the CBOE for approval to stake the ether held in its Ethereum ETF. Approval is considered realistic and could spark fresh interest in the investment vehicle.
  • Proprietary crypto or bitcoin investments have become a popular trend among US states. Almost half of all states have already produced their own draft legislation.
  • Abu Dhabi had invested around half a billion US dollars in bitcoin by the fourth quarter of 2024.
  • The political shift in the US is making itself felt at the SEC, which is now dropping a number of lawsuits against crypto firms.
  • Bank of America, the world's second-largest banking house, intends to issue its own stablecoin. Regulatory approval is still required.

SPEAKERS’ CORNER

  • International financial markets and markets for digital assets entered a corrective phase in mid-February.
  • Several factors were decisive, including the announced US trade tariffs, the hacking attack on ByBit and rumors of a possible new coronavirus variant that could trigger another pandemic.
  • At the start of the year, confidence in the markets was still high. This was also reflected in a Bank of America survey of global asset managers, who put their liquidity reserves at just 3%.
  • Pleasingly for us, neither of our two managed funds recorded outflows — on the contrary: investors continued to invest in both products.
  • This confirms our view that our investors regard the megatrends of artificial intelligence and blockchain as long-term opportunities.

Translated from the German original, which is the authoritative version. Read the German version