Recent news has created an enormous buzz in the crypto community, particularly regarding XRP’s listing in a U.S. exchange-traded fund (ETF). This is an aftermath of President Donald Trump’s declaration of a U.S. Crypto Strategic Reserve, of which XRP is particularly noted alongside other major cryptocurrencies. Trump’s U.S. XRP Crypto Strategic Reserve and What This Indicates : XRP ETF? President Trump announced publicly on March 2, 2025, that he would establish a U.S. XRP Crypto Strategic...
Read More »BlackRock to Invest Up to 2% in Bitcoin via IBIT ETF
Story Highlights BlackRock allocates up to 2% in Bitcoin via IBIT ETF BlackRock Bitcoin integration signals institutional crypto adoption Financial giants like BlackRock to drive Bitcoin mainstream growth BlackRock Inc. is expanding its Bitcoin exposure by allocating 1% to 2% of select model portfolios to the iShares Bitcoin Trust ETF (IBIT). Bloomberg has obtained data indicating this modification applies to investment portfolios, including alternative assets. BlackRock Portfolio Allocation...
Read More »Argentina Approves Crypto ETFs for Stock Market
Argentina approves crypto ETFs, enabling investments in Bitcoin, Ethereum, gold, and more. This move boosts financial market opportunities. Argentina is embracing new investment opportunities in its stock market. The country’s securities watchdog, the CNV, approved the introduction of crypto exchange-traded funds (ETFs). This move will allow investors to engage in foreign ETFs linked to Bitcoin, Ethereum, gold, and even the Chinese stock market index. This important measure correlates with...
Read More »Charles Schwab to Launch Spot Crypto ETFs if Regulations Change
Asset manager Charles Schwab could enter the crypto exchange-traded fund (ETF) market following comments made by incoming CEO Rick Wurster. Wurster told Bloomberg that the company would offer spot digital currency trading if the U.S. regulatory environment changed. Regulatory Environment Will Change Eventually In a November 21 interview, the financial services company’s incoming head said it could make a strategic shift and enter the spot crypto ETF market in anticipation of...
Read More »How High Can Ripple’s Price Go if the SEC Approves an XRP ETF? (ChatGPT Speculates)
TL;DR An ETF approval could fuel a triple-digit XRP rally in the mid-term (according to ChatGPT). Despite the positive outlook, there is a risk of a “Buy the Rumor, Sell the News” effect, where prices fall after the possible green light. The Potential Price Targets Ever since the launch of exchange-traded funds (ETFs) in the US tracking the performance of Bitcoin (in January 2024) and Ethereum (July 2024), industry participants have been wondering what’s coming next. There...
Read More »VanEck Reveals Plans to Close Ethereum Futures ETF
VanEck has decided to close and liquidate the VanEck Ethereum Strategy exchange-traded fund (EFUT) after carefully considering several factors, including the fund’s performance, liquidity, and investor interest. The company has given its shareholders until September 16th, 2024, to dispose of their shares before the fund is taken off the exchange. The Board approved the liquidation of Trustees of VanEck ETF Trust on September 5, 2024. The Ethereum Futures ETF (EFUT), which is traded on the...
Read More »BlackRock Launches Ethereum ETF in Brazil on B3 Exchange
BlackRock has introduced an Ethereum Exchange Traded Fund (ETF) in Brazil, marking a significant step in expanding cryptocurrency investment options in the region. The ETF, listed under the code ETHA39, has been launched today, on August 28 on Brazil’s B3 exchange. This product is offered as a Brazilian Depositary Receipt (BDR), a type of certificate representing shares issued by a company outside of Brazil. The expected price for launching ETHA39 is between R$ 40 and R$ 50 ($7.26 to $9.00)...
Read More »BTC ETFs in Hong Kong Surpassed $250 Million in AUM
Hong Kong-based BTC ETFs peaked past $250 million in AUM, marking a tremendous achievement for the crypto industry in the jurisdiction. The amounts managed by BTC ETFs in the US eclipse those in Hong Kong. With crypto ETFs becoming an important narrative of the industry, those offered in the US make the news on a near-daily basis due to their popularity. Nevertheless, Hong Kong-based BTC ETFs are now breaking the news as they surpass $270 million in assets under management (AUM). While the...
Read More »Brazil Approves Second Solana ETF
The Brazilian Securities and Exchange Commission (CVM) has approved a second Solana exchange-traded fund (ETF). It marks a significant development in the country’s cryptocurrency investment landscape. The new ETF, which is still in its pre-operational phase, will be introduced by Hashdex — a leading asset manager in Brazil with over $962 million in assets under management. This venture is being conducted in partnership with BTG Pactual, a prominent Brazilian investment bank. This approval...
Read More »Franklin Templeton Files for New Crypto Index ETF Offering Bitcoin and Ether Exposure
Franklin Templeton, a prominent Wall Street asset management firm, has filed to launch a new exchange-traded fund (ETF) focused on major cryptocurrencies. The proposed Franklin Crypto Index ETF aims to offer investors exposure to Bitcoin and Ethereum under the ticker symbol “EZPZ.” This move highlights the growing interest from institutional investors in the cryptocurrency market. Moreover, it strengthens Franklin Templeton’s position in the expanding digital asset space. The Franklin Crypto...
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