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29 Jan 2026

NBIM’s indirect BTC exposure jumped by 150% in 2025

Trump is expected to announce Kevin Warsh as the next Fed chair today. The White House will host a summit next week with banking and crypto leaders to discuss the Clarity Act. In trending topics, we update on NBIM’s rapidly growing indirect BTC exposure.
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Trump expected to announce Warsh today
President Donald Trump is expected to announce his intention to nominate former Federal Reserve governor Kevin Warsh as the next chair of the Federal Reserve. According to people involved in the process, Trump finalized his decision after months of consideration and is preparing to make the formal announcement Friday. Warsh met with Trump at the White House on Thursday, and administration officials have been preparing for him to become the nominee, although the White House has cautioned that nothing is official until Trump publicly confirms it.
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