Ethereum Surges Past $4,600 in September Rally Ethereum crossed $4,600 for the first time this month, marking a 7% gain over the past week and nearly 4% in just 24 hours. Analysts point to strong inflows from both retail and institutional investors as key drivers of momentum. This renewed price strength highlights ETH’s resilience during…
SEC Extends Review of 21Shares SUI ETF The U.S. Securities and Exchange Commission has pushed back its decision on the 21Shares SUI ETF until late December 2025. Originally filed in May, the fund aims to track the Sui blockchain’s native token using a benchmark from CF Benchmarks, with Coinbase Custody and BitGo acting as custodians.…
A new XRP ETF is here for investors. A well-known investment company has filed with the SEC for a new kind of XRP ETF that is unlike any other. This new product is meant to give investors a very new way to get exposure to the popular digital asset. The filing could be a big…
XRP ETFs: A New Source of Stability and Liquidity The cryptocurrency market is abuzz with the potential of XRP ETFs, or exchange-traded funds that would allow investors to gain exposure to XRP without having to directly hold the token. These new financial products could bring a new level of stability and liquidity to the market.…
Solana’s Price Dip and Recovery The cryptocurrency Solana ($SOL) is experiencing a notable market downtrend, with its price dipping to $187.92 after a 3.86% slump over the past twenty-four hours. The current price is, however, showing signs of recovery after a more substantial plunge from the $198 mark to a low of $183. This gradual…
A Major Step for Dogecoin Institutional Adoption In a significant development for the cryptocurrency market, Grayscale Investments has submitted a formal application to the U.S. Securities and Exchange Commission (SEC) to convert its existing Grayscale Dogecoin Trust into a spot exchange-traded fund (ETF). The proposed ETF, which would trade on NYSE Arca under the ticker…
PENGU’s ETF: A Potential Catalyst for a Capital Influx In the dynamic and often unpredictable world of cryptocurrency, institutional investment serves as a foundational pillar for a project’s long-term success. The current ETF application for PENGU, being reviewed by the Cboe BZX Exchange, is more than a procedural step; it’s a powerful catalyst for discussion…
SEC Accepts Trump Media’s Dual Crypto ETF Application The U.S. Securities and Exchange Commission (SEC) has officially acknowledged Trump Media & Technology Group’s application for a new Bitcoin and Ethereum exchange-traded fund (ETF). This acceptance marks the formal start of the clock for the regulatory agency to either approve or reject the proposed fund. The…
Abu Dhabi Doubles Down on Bitcoin via BlackRock’s IBIT Trust Abu Dhabi’s sovereign wealth fund, Mubadala, has increased its exposure to Bitcoin during the volatile first quarter of 2024 by acquiring additional shares in BlackRock’s iShares Bitcoin Trust (IBIT), according to a U.S. Securities and Exchange Commission (SEC) filing released Thursday. The Form 13F disclosure…
Market sentiment is shifting fast. XRP just marked a major milestone with its ETF debut, earning praise from Teucrium’s CEO and igniting fresh institutional interest. Solana (SOL), once hailed as Ethereum’s strongest rival, appears to be falling behind, with a price chart hinting at a potential drop. But just as these familiar names dominate headlines,…
