Cardano (ADA) has registered a 13.66% daily surge. The latest price resurgence follows the crypto asset manager, Grayscale’s spot Cardano exchange-traded fund (ETF) application on the New York Stock Exchange (NYSE). This could have sent a buzz across the ADA community. Notably, Bloomberg ETF Analysts James Seyffart and Eric Balchunas
South Korea is the third-largest cryptocurrency trading country, but it has not yet introduced cryptocurrency exchange-traded funds (ETFs). Experts warn that this delay could make the country fall behind in global finance. Jung Eun-bo, chairman of the Korea Exchange (KRX), has urged the government to launch crypto ETF. He says
The Cboe BZX Exchange has filed Form 19b-4 with the U.S. Securities and Exchange Commission (SEC), seeking approval to list and trade spot XRP exchange-traded funds (ETFs). The filings cover ETFs proposed by asset managers Bitwise Investment, 21Shares, Canary Funds, and WisdomTree. In a significant development, Grayscale has also submitted
Cboe BZX Exchange has filed four separate applications to the U.S. Securities and Exchange Commission (SEC) to list spot XRP exchange-traded funds (ETFs). Asset managers WisdomTree, Bitwise, 21Shares, and Canary Capital are seeking to launch the first U.S.-based spot XRP ETFs. The move comes despite XRP’s 25% price decline in
Standard Chartered projects Bitcoin could reach $500,000 by 2028. This feat will be driven by major growth and gradual adoption by institutions and ETF market potentials. Geoffrey Kendrick, the bank’s Head of Digital Asset Research, outlined the prediction in a February 5 investor’s note. He predicted Bitcoin’s potential for $200k
Filings for Crypto funds are increasing by the day as the new administration takes charge in the US. Bitcoin was the first crypto to have its exchange-traded funds on conventional market places in 2024. However, we are witnessing other cryptos such as XRP, Solana, and Litecoin ETF filings this year.
Grayscale has submitted an application for an XRP ETF with the SEC: looking to make its XRP Trust an ETF tracked on the New York Stock Exchange. Grayscale’s Move Raises Questions About BlackRock’s Next Step The asset currently worth $16 million is the creation of Judge Analisa Torres’ decisions in
The US SEC reviewed Canary Litecoin ETF filing earlier today. It opens a public comment period on the filing for a period of 21 days from the date of publication in the Federal Register. The crypto community is optimistic that the Litecoin ETF will get approval from the SEC. Investors
Tuttle Capital Management has recently filed for a series of exotic 2X leveraged cryptocurrency ETFs. These filings, targeting assets like XRP, Cardano (ADA), and the Solana-based Bonk (BONK) meme coin, appear to test the regulatory boundaries under the SEC’s new leadership. The move follows a recent filing by Rex Financial
Community members are settling into the weekend, and today’s crypto status stands as such – Bitcoin has climbed to the $104K level. Activity is far from diminished as more pro-crypto instances continue to occur. Yesterday’s highlights included Donald Trump signing an executive order for a digital asset strategic reserve in
