The U.S. is inching closer to launching its first staking-focused crypto ETFs, with REX Shares leading the charge. The firm’s filings for Ethereum (ETH) and Solana (SOL) staking ETFs have caught analysts’ attention, not just for the assets involved, but for the regulatory maneuvers used to fast-track their approval. “These
The spot Bitcoin ETF market’s fund inflow and outflow reports became the talk of the town today. This is because the spot BTC ETFs recorded $358.6 million net outflows yesterday. Even though this is not the first time spot Bitcoin ETFs recorded net outflows, this time hit different. The major
SEC Hits Pause on Bitwise ETF Conversion The U.S. Securities and Exchange Commission (SEC) has again put the brakes on the crypto market’s ETF hopes. This time by putting on hold a decisive decision on Bitwise’s planned transformation of its flagship index fund into an exchange-traded fund (ETF). This action
The Securities and Exchange Commission of the United States has officially started to review the WisdomTree XRP Trust, an offered spot exchange-traded fund (ETF) that allows investors to have exposure to XRP. Cboe BZX Exchange filed the application, which marks the first official SEC review of a U.S.-based spot XRP
Nasdaq has filed Form 19b-4 with the U.S. Securities and Exchange Commission (SEC) to list the 21Shares Spot Sui ETF, formally triggering the regulatory review process. The move follows 21Shares’ prior S-1 registration submitted on April 30, with both filings necessary before trading can begin. If approved, the ETF would
BlackRock, the world’s largest asset manager, has been increasing its exposure to Bitcoin through its own spot Bitcoin ETF, highlighting a stronger institutional commitment to the cryptocurrency. According to a recent SEC filing, the firm’s Strategic Income Opportunities Portfolio held 2,123,592 shares of the iShares Bitcoin Trust (IBIT) on March
At press time, Ripple’s XRP has been moving sideways for the past two trading sessions and is trading steadily around $2.34. Curiously, this period of minimal fluctuation refers to the launch of XRP futures on the CME Group’s derivatives platform following the US Commodity Futures Trading Commission (CFTC) classification of
As institutional demand for XRP continues to rise, expectations for a U.S.-approved XRP exchange-traded fund (ETF) have climbed significantly. According to decentralized prediction platform Polymarket, the odds of a spot XRP ETF receiving regulatory approval now stand at 83%, up from 70% earlier this week despite ongoing delays by the
Before Bitcoin’s spot ETF was officially approved in early 2024, something big happened behind the scenes—whales started quietly accumulating BTC. That early buying frenzy turned out to be the smartest move in the market. Now, we’re seeing the same pattern again—but it’s not Bitcoin this time. Five altcoins are attracting
The Chief Executive Officer of Ripple, Garlinghouse, believes that Crypto ETFs are about to explode. He participated in the “Crypto in 1 minute” podcast of Ripple and talked about crypto-based exchange-traded funds ETFs. As per Garlinghouse, there are two major reasons behind the increasing excitement around ETFs after it launched
