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DeCrypt Weekly Update |
Sat, Jun 28, 2025 | 11:10 AM IST |
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| Can blockchain revolutionise mutual fund ownership in India? |
Hello Reader, |
A large part of the tax-paying population in India is highly tech-savvy and familiar with digital investment platforms that offer the convenience of investing from one’s living room. With zero income tax on income up to 12 lakh rupees, a part of the disposable income will be channelised into the mutual fund market through systematic investment plans (SIPs).
As per the industry data, the average assets under management of the Indian mutual fund industry stood at Rs 72.20 trillion as of May 2025.
The stocks of companies like BSE and CDSL, providers of investment services in India, are touching new highs in the current financial year. DIIs and FIIs are betting on the growth of these companies as India’s large middle class population is moving towards capital markets to achieve their financial goals and create generational wealth. The total number of mutual fund accounts stand at 23.83 crore while accounts under equity schemes stand at 18.84 crore as of May 2025 (source AMFI). Read more
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CRYPTO TOP GAINERS
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As on Jun 28, 2025 10:55 AM |
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WEEKLY TOP NEWS
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 Crypto price today: Bitcoin holds steady near $107k amid $40 billion options expiry |
| Bitcoin held steady near $107,400 on Friday ahead of a $40 billion options expiry event, sparking caution in the crypto market. Ethereum and major altcoins declined, while analysts flagged potential short-term volatility. Despite near-term pressure, institutional buying and ETF inflows continue to support a bullish long-term outlook. |
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 Bitcoin crosses $105,000 amid geopolitical relief and ETF inflows; Sui, Chainlink jump up to 15% |
| Bitcoin price increased beyond $105,000. This surge happened because of reduced global tensions and more investments in ETFs. Ethereum also saw a rise. Other cryptocurrencies like Solana and XRP also gained value. Market experts suggest that if the US Federal Reserve indicates interest rate cuts, Bitcoin might rise further. Regulatory changes are also supporting this upward trend. |
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 Can blockchain revolutionise mutual fund ownership in India? |
| As India’s mutual fund industry grows, blockchain can revolutionize unit ownership, offering real-time settlements, transparency, and security. With rising digital participation and SIPs from smaller towns, blockchain adoption faces scalability, privacy, and regulatory hurdles. Strategic pilots, regulatory clarity, and user-friendly platforms are key to driving future transformation. |
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 Road to a $3.7 trillion Stablecoin market is full of obstacles |
| Stablecoins are on the brink of mainstream adoption, with the US Senate advancing legislation and major firms like PayPal and Amazon eyeing them for payments. Yet, regulatory uncertainty, low liquidity, and compliance gaps threaten the projected $3.7 trillion market growth. Adoption hinges on clarity, interoperability, and addressing real-world payment complexities. |
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For More Insights Visit ETMarkets Crypto Corner  |
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| Thanks for reading. See you next Saturday with more interesting stories and updates. Follow us on Twitter and Facebook. |
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