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The U.S. Securities and Exchange Commission took the first step toward allowing new crypto exchange-traded funds (ETFs) tracking the price of assets like Litecoin and Solana, as well as new ways of redeeming funds from existing crypto ETFs on Thursday, while companies took another step toward launchā¦
Swedish crypto asset manager Virtune has introduced new crypto exchange-traded products (ETPs) for investors in Finland, offering portfolio exposure to Avalanche and Cardano.Ā The launch comes just weeks after the firm rolled out five other crypto-related ETPs.The Virtune Avalanche ETP gives investorā¦
Grayscale has launched a new investment product that provides exposure to Dogecoin , signaling a shift in how the asset manager views the once-dismissed meme coin.Ā The firm believes DOGE has evolved beyond internet humor and could play a role in financial accessibility on a global scale.Dogecoin ETFā¦
Canary Capital didnāt even exist when the spot bitcoin or even the spot ethe rexchange-traded funds launched last year.But the company quickly made a name for itself in the business.Founded only last October, Canary Capital has quickly pushed out several applications for crypto ETFs, including ones ā¦
Today, in crypto, the Czech National Bank may invest up to 5% of its reserves in Bitcoin, potentially acquiring $7.3 billion in BTC as part of its diversification strategy. Cboe BZX refiled for four Solana ETFs on behalf of issuers that regulators previously knocked back, and French authorities annoā¦
The ongoing hype surrounding approvals for a Litecoin exchange-traded fund (ETF) has triggered an unusual boost forĀ LTC. IntoTheBlock dataĀ shows approximately 80% of addresses in the Litecoin network are profitable, demonstrating the bullish momentum.Analyzing IntoTheBlock dataThe data shows 6.53 miā¦
Happy Thursday! Didn't get invited to Trump's Crypto Ball on Friday? Me neitherābut who needs a black-tie event when The Block has all the latest to keep you in the loop?In today's newsletter, Trump is apparently receptive to the idea of a U.S.-based coins crypto reserve, XRP hits a new all-time higā¦
Solana exchange-traded funds (ETFs) may not launch in the United States until 2026 even under a crypto-friendly White House, James Seyffart, Bloomberg Intelligence analyst, said on Jan. 16.Ā Issuers āmight see movementā on languishing Solana ETF filings after President-elect Donald Trump takes officā¦
Institutional crypto over-the-counter (OTC) trading volumes rose 106% in 2024 ā fueled largely by Republican Donald Trumpās US election win and demand for US spot crypto exchange-traded funds, according to Finery Markets.The fourth quarter saw the largest jump, with Bitcoin , Ether and stablecoin Oā¦
Litecoin (LTC) has lately been experiencing significant momentum as it emerges from a protracted downtrend, causing quite a stir. Analysts are beginning to anticipate a promising future for the cryptocurrency, with some predicting that it could reach as high as $400 in the near term.A Quick LookLiteā¦
Litecoin (LTC) has recently surpassed its trendline resistance, signalling a potential breakout on the charts. At the time of writing, LTC was trading at $89.11, registering a 1% increase in the past 24 hours. In the last three months, LTC has been trading within an ascending channel pattern. Howeveā¦
65% of Litecoin holders or 5.23 million addresses are currently in profit.