Today in crypto: WisdomTree expands its suite of tokenized fund offerings by bringing options income onchain, BPCE will let millions of customers buy and sell BTC, ETH, SOL and USDC, and Coinbase Institutional forecasts a strong year-end rally for Bitcoin.
WisdomTree tokenizes options income strategy
Asset manager WisdomTree has launched a tokenized fund that brings a complex options-income strategy onchain, underscoring the growing convergence between blockchain technology and traditional finance.
The WisdomTree Equity Premium Income Digital Fund is designed to track the price and yield performance of the Volos US Large Cap Target 2.5% PutWrite Index, a benchmark “put-writing” strategy often used to generate income and help hedge against market volatility.
Will Peck, WisdomTree’s head of digital assets, said the new product gives investors additional flexibility to trade investment strategies onchain.
With this launch, WisdomTree now operates 15 tokenized funds, including its widely used Government Money Market Fund, which holds more than $730 million in assets.
French banking giant BPCE to launch in-app crypto trading: Report
French banking heavyweight BPCE is preparing to introduce crypto trading to millions of its retail customers, making it one of the first major traditional European banks to offer digital assets.
According to a report from The Big Whale, the group will allow users to buy and sell Bitcoin (BTC), Ether (ETH), Solana (SOL) and USDC (USDC) directly inside its Banque Populaire and Caisse d’Épargne mobile apps starting Monday.
The initial rollout will cover clients of four regional banks, including Banque Populaire Île-de-France and Caisse d’Épargne Provence-Alpes-Côte d’Azur, reaching roughly 2 million customers. BPCE plans to extend the service gradually across its remaining 25 regional entities through 2026, ultimately making crypto trading available to its full 12-million-strong retail base.
A bank insider reportedly told The Big Whale that the phased approach is intended to “monitor how the service performs at launch” before scaling.
Bitcoin poised for year-end rally: Coinbase Institutional
Coinbase Institutional forecasts a strong year-end rally for Bitcoin and the broader cryptocurrency market, driven by a growing global M2 supply and US 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 previously predicted Bitcoin’s October “weakness” based on money-supply dynamics and now expects a “December reversal” to follow.
A year-end rally would align with broader market patterns, as seasonality often contributes to the so-called “Santa Claus rally,” when asset prices tend to rise during the holiday period.
