Quote from: Easteregg69 on Today at 11:53:37 PM

Quote from: franky1 on Today at 11:42:44 PM

if you read reports from the BIS(bank of international settlements) you will read that for a couple years now the BIS has been drafting regulations that would allow central banks to hold crypto for use of international reserve swaps. the BIS has suggested a 2% of collateral/reserves to be in instable crypto like bitcoin and a higher single digit % in stablecoins, however central banks has been lobbying for a 5% holding in instable crypto like bitcoin, where the regulation would take effect by jan 2025

https://www.bis.org/bcbs/publ/d545.htm (initial draft 2022)

The banks has the "etf" and the "etn" and they have policies. Some trades it it and offers that service. And some stick to what known for having intrinsic value. It's more about values nowadays.

I plan to get so rich they will have to look me up. Cheers.

banks doing ETF and ETN dont actually hold crypto. its shares of a fund manager(trust) which had collateralised the crypto.
EG bank of america investing in blackrocks bitcoin ETF is where BoA own shares of blackrocks trust which has blackrock valuing its trust in X btc based on coin held by coinbase in blackrocks name.. in short BoA wont hold crypto when holding blackrocks shares.. so thats a separate debate to this topic of banks direct holding of crypto