Intercontinental Exchange (ICE), the parent of the New York Stock Exchange (NYSE), said Friday it completed a new $600 million direct cash investment in Polymarket, deepening its bet on prediction markets as a new area of growth for exchange operators.The company also said it expects to purchase up to $40 million of Polymarket securities from existing holders, adding to its previously announced investment commitment made in October 2025.In that earlier deal, ICE said it would invest up to $2 billion in Polymarket, marking one of the largest institutional moves into the prediction market sector. The latest transaction advances that arrangement,…

Morgan Stanley plans to price its proposed spot bitcoin BTC$65,811.84 exchange-traded fund (ETF) at 14 basis points, a level just below current low-cost options for similar products, according to an amended filing with the U.S. Securities and Exchange Commission (SEC). The move could set off a new round of fee competition among existing funds.The latest S-1 filing, filed Friday, shows the bank undercutting rivals that charge closer to 15 to 25 basis points. The lowest fee on the market today is Grayscale’s Bitcoin Mini Trust ETF BTC$65,811.84, which carries a 0.15% expense ratio. Larger funds, including BlackRock’s iShares Bitcoin Trust…

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