Tag: ETF

XRP ETF Launch Impresses Even In Bear Market, Says Analyst

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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

Cboe BZX files to list Canary’s SUI ETF

Cboe BZX Exchange has asked United States regulators for clearance to list an exchange-traded fund (ETF) backed by Sui (SUI), the native token of the Sui Network, public filings show.  The request submitted on April 8 must be reviewed and approved by the US Securities and Exchange Commission (SEC) before the exchange can list any shares of the fund. If approved, the ETF — issued by asset manager Canary Capital — would be the first in the country to hold SUI. The token has a market capitalization of roughly $6.5…

BlackRock adds Anchorage Digital as custodian for Bitcoin ETF

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​BlackRock, the world’s largest asset manager, has appointed Anchorage Digital Bank N.A. as an additional cryptocurrency custodian for its iShares Bitcoin Trust ETF. Anchorage Digital will serve as an additional cryptocurrency custodian for IBIT, according to a Form 8-K filing dated April 7.  This move introduces a dual-custodian model, with Anchorage Digital joining Coinbase, the existing custodian, to enhance the security and operational resilience of IBIT’s Bitcoin (BTC) holdings.​ Anchorage Digital Bank N.A. is the only U.S. federally chartered digital asset bank, providing services such as digital asset custody, staking,…

XRP Soars 11%, ETF Approval Sparks Hope

Key Notes XRP is currently trading at $1.86, marking an 11% recovery from its dip to $1.65. NYSE Arca has approved the listing of Teucrium’s 2X Long Daily XRP ETF, signaling institutional interest. A whale’s transfer of 200 million XRP to Binance has sparked fears of a selloff. XRP XRP $1.88 24h volatility: 6.6% Market cap: $109.84 B Vol. 24h: $9.79 B is trading around $1.86 today, recording an 11% recovery from Monday’s sharp dip to $1.65. This comes as NYSE Arca has approved the listing of Teucrium’s 2X Long…

First XRP ETF in U.S. to Go Live as 2x Leveraged Product

Shaurya Malwa Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis. Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA. He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap,…

US to get its first XRP-based ETF, launching on NYSE Arca

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Asset manager Teucrium Investment Advisors is set to launch the first XRP-based exchange-traded fund in the US markets, a leveraged XRP (ETF) on the NYSE Arca. The Teucrium 2x Long Daily XRP ETF will seek to offer investors two times the daily return of the XRP (XRP) token with a 1.85% management fee and annual expense ratio, according to the company’s website. The XRP-based ETF will trade under the XXRP ticker beginning April 8. “If you have a short-term high-conviction view on XRP prices, you may consider exploring the Teucrium…

Grayscale files S-1 to list Solana ETF on NYSE

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Digital asset manager Grayscale registered with the United States Securities and Exchange Commission (SEC) to list the Grayscale Solana (SOL) Trust exchange-traded fund (ETF) on the New York Stock Exchange (NYSE). The ETF will trade under the ticker symbol “GSOL” and will hold spot SOL as the underlying asset, according to the April 4 S-1 filing. Grayscale announced plans to convert its existing Grayscale Solana Trust into an ETF in its 19b-4 application filed with the SEC in December 2024. The filing is among several crypto ETF applications in the…

Grayscale Expands Bitcoin ETF Offerings With Two Covered Call Funds

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Grayscale has introduced two new bitcoin-focused exchange-traded funds (ETFs), the Bitcoin Covered Call ETF (BTCC) and the Bitcoin Premium Income ETF (BPI). These actively managed funds use covered call strategies to generate income while offering exposure to bitcoin’s price movements. New Grayscale ETFs Leverage Bitcoin Volatility for Income Generation Grayscale has launched two new exchange-traded […] Original

Bitcoin, Ethereum ETF Outflows Surge ahead of Trump’s Tariff Liberation Day

Key Notes Ethereum ETFs also saw net outflows of $3.6 million, reflecting cautious sentiment ahead of Trump’s tariff announcement. With President Trump set to unveil sweeping tariffs on April 2, traders remain uncertain about their impact on global markets and crypto. Amid macroeconomic uncertainty, gold continues to hit fresh highs, with 58% of fund managers favoring it over Bitcoin. The Trump’ tariff Liberation Day on April 2 is here, and investors are making cautious moves, pulling out a total of $222 million from US Bitcoin BTC $84 681 24h volatility:…