Vienna Stock Exchange Boosts Crypto Accessibility with Bitcoin-Focused ETP Expansion
The Vienna Stock Exchange has taken a significant step toward mainstream cryptocurrency adoption by adding 50 new crypto exchange-traded products (ETPs) to its offerings, nearly doubling its ETF lineup. This strategic expansion highlights growing institutional demand for Bitcoin and other digital assets, providing investors with more accessible pathways to crypto exposure through regulated financial instruments.
Vienna Stock Exchange Expands Offerings with New ETFs and Crypto Trackers
The Vienna Stock Exchange has significantly broadened its investment products lineup, adding approximately 100 new ETFs and 50 crypto ETPs. This expansion nearly doubles the exchange’s existing ETF offerings and represents a more substantial relative increase for cryptocurrency-linked products.
Selection criteria focused on index fund volume, international demand, and tradability. The new ETFs track major indices including MSCI World, S&P 500, and NASDAQ-100, alongside various structured bond ETFs. Crypto ETPs provide regulated exposure to digital assets like Bitcoin through bond-structured instruments.
"ETFs embody CORE principles of sound investing: diversification and cost efficiency," noted exchange representatives. The move signals growing institutional acceptance of cryptocurrency exposure through traditional financial vehicles.
Bitcoin Turns Positive Year-to-Date as Digital Gold Narrative Gains Traction
Bitcoin has clawed back into positive territory for the year, breaching $95,000 and erasing an 18% deficit. The resurgence positions BTC between gold’s 24% gain and the Nasdaq 100’s 7% decline this year.
Thirty-day correlation coefficients now show Bitcoin moving in lockstep with gold (0.70) more than tech equities (0.53). This statistical shift lends credence to the digital gold thesis, though the narrative remains contested.
El Salvador Defies IMF Claims, Secretly Accumulates Bitcoin
El Salvador continues to accumulate Bitcoin despite public assurances from the International Monetary Fund (IMF) that the country had halted its crypto purchases as part of a $1.4 billion loan agreement. Blockchain data contradicts IMF officials’ claims, revealing ongoing BTC acquisitions by the Salvadoran government.
The IMF’s Western Hemisphere Department head Rodrigo Valdes stated on April 26 that El Salvador was complying with its non-accumulation pledge, while praising the nation’s fiscal reforms. The loan agreement required scaling back Bitcoin initiatives, including BTC-based tax payments and modifications to the Chivo wallet project.
This discrepancy highlights the tension between traditional financial institutions and sovereign nations embracing cryptocurrency as part of monetary policy. El Salvador’s persistent Bitcoin accumulation suggests President Nayib Bukele remains committed to his crypto strategy despite international pressure.
Bitcoin Gains Momentum as Market Interest Reawakens
Bitcoin shows signs of recovery after nearly two months of downward trends, reigniting trader interest. The cryptocurrency approaches the $95,000 mark, clawing back from an earlier 18% decline and triggering Ripple effects across the broader market.
Since December 31, Bitcoin has gained 1.5%, outperforming the Nasdaq 100’s 7% drop but trailing gold’s 24% surge. This performance reinforces Bitcoin’s evolving identity—less as a tech stock proxy, more as digital gold. Technical analysis reveals a 0.70 correlation with traditional SAFE havens, underscoring its growing store-of-value narrative.
Swiss National Bank Faces Renewed Pressure to Add Bitcoin to Reserves
The Swiss National Bank’s annual general assembly became the latest battleground for Bitcoin advocates as Luzius Meisser, representing the Bitcoin Initiative, reiterated calls for the central bank to allocate reserves to cryptocurrency. This marks the fourth consecutive year such proposals have appeared on the SNB’s agenda.
A private committee’s constitutional initiative seeks to mandate Bitcoin holdings alongside gold in Switzerland’s currency reserves. The campaign, which began signature collection in December 2023, has until June 2026 to secure sufficient public support for a national vote. The proposal would fundamentally alter Switzerland’s monetary framework by enshrining digital asset exposure in central bank policy.
Can Bitcoin Reach Its All-Time High Again in May 2025?
Bitcoin’s resilience shines as it surges 11% between April 20 and April 28, 2025, trading near a two-month high of $94,000. The cryptocurrency’s robust performance fuels speculation about a potential return to the $100,000 mark. market indicators and institutional sentiment suggest a bullish trajectory, though mixed signals persist.
ETF inflows and perpetual futures activity underscore growing institutional confidence. Bitcoin’s apparent decoupling from traditional equity markets further reinforces its unique position as a macroeconomic hedge. The $100,000 threshold remains within reach, contingent on sustained demand and favorable macroeconomic conditions.
