Crypto

Franklin Templeton added about $150 million in shares of its tokenized money market fund to the XRP Ledger, nearly quadrupling the fund’s token supply on the network.

The approval was announced on Tuesday, with issuer BIT Asset Management revealing on Thursday that its Bitcoin Fund ETF (ticker: BBIT) is expected to begin trading on the SIX Swiss Exchange in November.

US spot Bitcoin exchange-traded funds suffered $635 million in net outflows on Thursday, ending a three-day inflow streak and pushing October back into negative territory.

Bitcoin has been unusually quiet, moving no more than 6% over the past month and trading near $81,735, down 1.2% on the day.

Bank Negara Malaysia and the Bank of Thailand joined Singapore’s BLOOM initiative as policymaker members on Friday.