Bitcoin has surged to a record high above $125,000 amid intense institutional demand, ETF inflows, and heightened investor interest in alternative assets as macroeconomic uncertainty persists. The move is propelled by a combination of spot ETF net inflows (over $3.2B for the week) and MegaWhales ... ... Read full CryptMarket Analysis — 6-10-18
A recent comment from crypto analyst CryptoTank has brought attention to a long-standing misconception about the size of the XRP community. His post focused on the widely quoted figure of seven million XRP wallets and explained why this number does not represent the number of real holders. The clari…
The mass exodus signals a risk-off reset, reflecting institutions pulling back amid macro uncertainty.
Canary Capital clients purchased $245 million worth of XRP through the firm’s newly launched spot XRP ETF on its first day of trading. The fund is the first US spot XRP ETF, giving investors direct exposure to XRP through a traditional, regulated investment vehicle.Canary Capital's spot XRP ETF debu…
The launch of the first spot XRP ETF was expected to bring a strong boost to the market, but instead, XRP has slipped into another round of losses. The token fell more than 7% in a single day, dropping from the $2.50 zone and sliding toward $2.20 as broader market pressure continues to weigh down se…
Canary’s spot XRP Exchange-Traded Fund (ETF) has surpassed most of the experts’ predictions, and it is currently on track to see a record-breaking debut after registering strong institutional demand on its first day.First Spot XRP ETF Begins TradingOn Thursday, the first single-token XRP spot ETF be…
US spot Bitcoin ETFs recorded $524 million in net inflows on Tuesday, with BlackRock, the asset management giant, and Fidelity, the financial services leader offering spot Bitcoin exchange-traded products, leading the surge in institutional investment.Inflows reflect renewed institutional interest i…
On-chain data shows XRP profit realization has witnessed a huge spike recently, but price has rebounded back above $2.50 anyway.XRP Realized Profit Is Up 240% Since Late SeptemberIn a post on X, on-chain analytics firm Glassnode has talked about the latest trend in the Realized Profit of XRP. The “R…
Franklin Templeton has taken a decisive step in its bid to launch a spot XRP exchange-traded fund (ETF).
The crypto ETF race is heating up again, and this time, it’s Dogecoin’s turn. Bitwise, one of the largest digital asset managers in the U.S., has filed an 8(a) form to launch the first spot Dogecoin ETF, with potential approval expected in just 20 days unless the SEC intervenes.If approved, this wo…
Blockchain payments company Ripple expanded its services to include digital asset spot prime brokerage for US markets, about seven months after announcing plans to acquire Hidden Road.In a Monday notice, Ripple said that its US-based institutional clients would be able to execute over-the-counter (O…
Spot Solana exchange-traded funds (ETFs) continue to attract investor interest, recording their fourth straight day of inflows amid “capital rotation” from Bitcoin and Ether funds. According to data from SoSoValue, spot Solana (SOL) ETFs added $44.48 million on Friday, bringing cumulative inflows to…
Exchange-traded fund Canary Funds has filed an updated S-1 (a key registration document with the SEC) for an XRP ETF. In that update, the issuer removed something called a "delaying amendment."This essentially means that the filing automatically becomes effective after 20 days. The countdown ends on…