Amid this continuous market turmoil, yesterday, December 29, U.S.Spot XRP ETFs recorded $8.44 million net inflows, as it continues its streak of 29 days. Even Spot SOL ETFs saw sizable inflows, XRP ETFs are particularly surprised by the crypto market without an uninterrupted streak since their launch. As the Spot
The spot BTC exchange-traded funds have seen over $780 million in net outflows. The price of Bitcoin also went down from $90k on December 22 to $86,740 by December 25. After this, on December 26, the price tried to reclaim near $90k and hovered near $89k. This weekend the price
Bitwise Solana Staking ETF (BSOL) saw the first instance of a capital withdrawal since its debut. This is a notable shift in sentiment among institutional investors in a generally uncertain cryptocurrency market environment. The information released by Farside Investors data indicates that on December 16, BSOL experienced outflows of $4.6
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
