DigitalX Limited (AU:DCC) has released an update.
DigitalX Limited reported a positive performance for its funds in May 2024, with their Bitcoin Fund and Digital Asset Fund increasing by 5.7% and 9.5% respectively, outperforming traditional markets like the All Ordinaries Index and gold. The approval of eight spot Ethereum ETFs by the SEC spurred significant price gains in Ethereum and contributed to the overall market rally. CEO Lisa Wade expressed optimism, noting the strong performance of digital assets and positive developments in real-world asset tokenization.
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