Paris-based crypto firm, The Blockchain Group, announced that it intends to raise €300 million (approximately $342 million) in order to increase its Bitcoin treasury holdings. The raising begins to stand out as another step in the growing trends of institutional crypto adoption in Europe, while it further carves its identity
In a landmark development for Ripple’s XRP, the digital asset has been officially added to the Nasdaq Crypto US Settlement Price Index (NCIUS), effective June 2, 2025. This move expands the index beyond its original Bitcoin (BTC) and Ethereum (ETH) components to now include XRP, Cardano (ADA), Solana (SOL), and
The legal war of Ripple Labs and the SEC of the United States reached another precarious stage on June 5, as a court deadline stared down investors. Since Judge Analisa Torres denied the joint motion filed for an indicative settlement ruling on May 15, XRP price has dropped by 18%,
The U.S. Securities and Exchange Commission (SEC) has now delayed its decision on the application filed by Canary Capital for a spot exchange-traded fund (ETF), which is to be built on the Sui blockchain’s native token. The withdrawal is not unexpected but does emphasize its continued caution in approving direct
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
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
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
