Tuesday’s purchases followed a heavier acquisition round on Monday, in which Ark Invest bought crypto-related stocks worth more than $71 million. The broader digital asset market is in a bearish state, but some experts are taking advantage of the dip to expand their cryptocurrency exposure. Ark Invest, Cathie Wood’s investment management company, is one of […]
The proposed ETF would hold NEAR directly, with the goal of reducing premiums and discounts in the current trust. Grayscale has filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) to convert its existing Grayscale Near Trust into a spot NEAR exchange-traded fund (ETF) listed on the NYSE Arca. This move […]
Stablecoins, tokenized assets and custody will replace pilot programs as crypto moves into core businesses. Ripple president Monica Long has said that about half of Fortune 500 companies will adopt formal crypto or digital asset treasury strategies by 2026, pointing to stablecoins, tokenized assets and custody as key areas of use. She described crypto less […]
Trading in Ethereum and Solana ETF accelerated sharply in early January, amid rising institutional interest in crypto assets. Ethereum and Solana Exchange Traded Funds (ETFs) have recorded unusually high trading volumes in recent sessions. Such a pattern indicates increased investor activity as the ETF markets for major cryptocurrencies continue to mature. Growing institutional interest In […]
Bitwise’s papers include DeFi, layer-1s, privacy coins and AI-linked tokens, indicating a broad bet on demand for altcoins. Asset manager Bitwise has filed applications for 11 new single-asset cryptocurrency exchange-traded funds (ETFs) with the US Securities and Exchange Commission (SEC). This batch focuses on major altcoins including Aave (AAVE), Uniswap (UNI) and Sui (SUI), signaling […]
Bitcoin fell below $87,000 over Christmas amid tight liquidity and ETF outflows, even as on-chain data suggests selling pressure is easing. Bitcoin (BTC) fell below $87,000 during lean Christmas Day trading on Dec. 25 as ETF outflows and weak holiday liquidity kept pressure on the market, data shared by XWIN Finance showed. The pullback comes […]
Despite volatile markets, Solana ETFs recorded $750 million inflows, limited outflows, increasing validator adoption and rapid stablecoin growth. Spot Solana exchange-traded funds (ETFs) have continued to capture investor interest since their launch in the United States on October 28. According to data, spot Solana ETFs posted cumulative net inflows of $750.10 million as of Dec. […]
Revenue Procedure 2025-31 allows ETPs to distribute staking rewards directly to investors without imposing additional taxes. The U.S. Treasury Department and the IRS have announced a new safe harbor that will allow crypto exchange-traded funds (ETFs) to stake digital assets without paying additional taxes. The guidelines resolve a regulatory issue that previously prevented asset managers […]
Five spot The first spot XRP exchange-traded fund (ETF) structured under the Securities Act of 1933 could debut this week. This follows the recent addition of five XRP ETFs to the Depository Trust & Clearing Corporation’s (DTCC) active roster. DTCC listing brings Spot XRP ETFs closer to launch The DTCC recording confirms that the clearing […]
Analysts predict that spot XRP ETFs could cause a price breakout, with whales recently buying more than $340 million worth of XRP. The cryptocurrency industry is preparing for a major milestone as the first spot XRP exchange-traded funds (ETFs) are expected to debut within the next two weeks. Experts believe that the end of the […]