DigitalX Limited (AU:DCC) has released an update.
DigitalX Limited reports a significant increase in their Bitcoin and Digital X Funds, outperforming the S&P Cryptocurrency Top 10 Equal Weight Index and traditional assets like gold and equities in September 2024. The rate cuts initiated by the U.S. Federal Reserve have been linked to a positive shift in sentiment, leading to robust inflows into US-based Bitcoin ETFs. Additionally, the trend of adopting digital assets as national treasury reserves is growing, as evidenced by Bhutan’s substantial Bitcoin holdings.
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