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The crypto market is currently in red in early Sunday's trading session, with the majority of cryptocurrencies experiencing losses.At the time of writing, Bitcoin was marginally down, about 0.45% in the last 24 hours. Ethereum, XRP, Solana, Dogecoin and Cardano were posting losses between 1% and 4%.ā¦
The price of XRP has climbed from a low of $2.385 to $2.83 in the last seven days. This rebound move of XRP was partly triggered by the acknowledgment of its exchange-traded fund (ETF) filing. Notably, during the week, the U.S. Securities and Exchange Commission (SEC) had signaled receipt of the Graā¦
TL;DRThe Rally Goes onRippleās XRP has been at the forefront of gains in the past few days, outperforming most cryptocurrencies from the top 20 club. Its price charted another 8% increase on a 24-hour scale, briefly rising to a two-week high of $2.82 (per CoinGeckoās data) before slightly retracing ā¦
Registered investment advisers (RIAs) ā the personalized financial planners that manage everyday investorsā portfolios ā are now gatekeeping the next phase of cryptoās adoption.Despite soaring valuations, crypto has struggled to reach beyond its core investor base. Even spot Bitcoin and Ether exchā¦
Asset management firm 21Shares filed an S-1 with the SEC for a Polkadot ETF. The company plans to list shares on the Cboe BZX Exchange.Ā The proposed 21Shares Polkadot Trust will mirror its current Polkadot Trust.Polkadot Joins the Altcoin ETF RaceĀ The 21Shares Polkadot ETF will track DOT prices usinā¦
Today, in crypto, crosschain protocol LayerZero settled with the FTX estate over transactions involving Alameda Research in 2022, Elon Muskās father, Errol Musk, is reportedly looking to raise $200 million through a memecoin token project called Musk It (MUSKIT), and Bitwiseās Bitcoin and Ether ETF ā¦
Exchange-traded fund-focused firm 21Shares has filed for a spot Polkadot ETF in a bid to get the U.S. Securities and Exchange Commission's greenlight.The firm filed a registration statement with the agency on Friday for the 21Shares Polkadot Trust, marking the first of its kind. It would trade on thā¦
On Jan. 30, the firm announced the Grayscale Bitcoin Miners ETF with the ticker MNRS. The product is a passively managed ETF tracking the mining industry and the Indxx Bitcoin Miners Index.āMNRS provides exposure to Bitcoin Miners and the global Bitcoin mining industry at a time when weāre seeing unā¦
Asset manager Purpose Investments has filed a preliminary prospectus with Canadian securities regulators for the proposed launch of the Purpose Ripple (XRP) exchange-traded fund.Purpose was the first to issue spot Bitcoin and Ethereum ETFs, which launched on the Toronto Stock Exchange in February anā¦
The US spot Bitcoin exchange-traded funds (ETFs) have crossed a significant milestone, showcasing growing institutional adoption for the worldās first cryptocurrency.Ā Collectively, the spot Bitcoin ETFs surpassed $125 billion in holdings on Jan. 30, accounting for over 6.05% of the current BTC suppā¦
Once dismissed as a joke, Dogecoin (DOGE) is now making its way into institutional finance. Grayscale, a major US-based asset management firm, has launched a Dogecoin Trust, arguing that the tokenās low transaction fees and fast processing times make it an effective tool for financial inclusion. Thiā¦
The US Securities and Exchange Commission (SEC) has given initial approval for Bitwiseās spot Bitcoin and Ethereum Exchange-Traded Fund (ETF).Ā The SEC confirmed that the filing received accelerated approval. This came after the regulator approved similar ETFs last month.SEC Approves Bitwiseās Bitcā¦