Grayscale Investments received the green light from the regulators to start the very first spot Chainlink exchange-traded fund (ETF) launch this week. The news is a major step forward for the U.S. market of institutional cryptocurrency investment products. After getting the green light from the SEC, the manager of the
Franklin Templeton has filed its Form 8-A with the Securities and Exchange Commission for a Solana-based exchange-traded fund. This is the last step of the administrative process before the product can be traded on NYSE Arca under the ticker symbol SOEZ. The company decided to make the filing just a
XRP shot up over 9% to $2.27 Monday after Franklin Templeton and Grayscale rolled out their spot XRP ETFs on NYSE Arca. This marks a fresh start for the token, especially after Ripple wrapped its long SEC fight with a $125 million settlement. At the time of writing, XRP sits
VanEck is moving forward in a big way with its Solana exchange-traded fund opening the way for the Form 8-A submission to the Securities and Exchange Commission. This filing is the last regulatory checkpoint before the actual trading, thus, the product can be expected to see the light of day
Canary Capital has filed regulatory documents to introduce an exchange-traded fund that would primarily invest in Mog Coin, a memecoin that is somewhat unknown in the cryptocurrency market. The proposal made to the Securities and Exchange Commission led to a short-lived increase in the digital token’s value on Wednesday. After
Bitwise’s planned exchange-traded fund (ETF) tracking Chainlink pushed a step closer this week when it appeared in an important regulatory database. The Bitwise Chainlink ETF was in the Depository Trust and Clearing Corporation registry, signalling that approval is nearing. This all comes as dozens of cryptocurrency investment vehicles are awaiting
XRP had a notable day on Saturday, climbing 3.6% to $2.31 and outperforming Bitcoin and Ethereum during that time. Its price broke above near-term resistance at $2.28 with volume 86% above, and this marks XRP’s largest one-day move in over a week. The move came as institutional developments started to
Bitwise, an asset manager, is preparing its highly awaited spot ETF for Dogecoin by submitting its fourth amendment to the US Securities and Exchange Commission (SEC) in November. The amended S-1 filing notes key information, including the fees for the ETF to be competitive at 0.34%, and the ticker symbol
According to industry experts, several Solana-based ETFs could be approved for trading in the next two weeks. ETF expert Nate Geraci anticipates that approval for three or more of the pending applications could be imminent, potentially triggering significant market developments across the cryptocurrency sector. Major Asset Managers Submit Updated Filings
Ethereum faces some rough times ahead as big holders keep selling when the price goes up. Even with the Federal Reserve starting rate cuts again, whale sales, a gloomy view from Citigroup, and money leaving spot Ethereum ETFs point to big challenges in reaching $5,000. Ethereum’s Downside Pressures On September
