Bitwise Asset Management has confirmed that its new spot exchange-traded fund (ETF) tracking XRP is set to launch on Thursday, under the ticker “XRP.” The new fund will go live on the New York Stock Exchange, the asset manager announced, which X users were quick to applaud, and also pointed out the possible confusion it could cause with the token. Typically, crypto ETFs feature a version of the asset manager’s name and the underlying crypto asset in the ticker, such as Fidelity’s FBTC and ARK Invest’s ARKB, which track Bitcoin,…
Tag: ETF
Abu Dhabi Investment Council Expands Bitcoin ETF Position Threefold in Q3 2025
Abu Dhabi Investment Council (ADIC) more than tripled its holdings in Blackrock’s Ishares Bitcoin Trust (IBIT) during the third quarter of 2025, according to newly released regulatory filings. Abu Dhabi’s ADIC Makes Big Q3 Move Into Blackrock’s Bitcoin ETF IBIT Regulatory filings released Nov. 19 show the Abu Dhabi Investment Council (ADIC) sharply expanding its […] Original
21shares Solana ETF Goes Live Amid Crypto Market Turmoil
Exchange-traded product (ETP) provider 21shares launched its Solana exchange-traded fund (ETF) on Wednesday, marking the fifth SOL (SOL) ETF offering in the US. The fund holds spot SOL and will stake its holdings to secure the blockchain network and reap rewards, according to an announcement from 21shares. Senior Bloomberg ETF analyst Eric Balchunas said: “21Shares is debuting its spot Solana ETF (TSOL) today, which will have a fee of 21 basis points (BPS) and is opening with $100 million in assets under management (AUM). The Solana ETFs have now taken…
BlackRock Bitcoin ETF Sees Record $523 Million Outflow as BTC Drops Below $90,000
Key Notes November marks the worst month for Bitcoin ETFs with cumulative outflows surpassing all previous monthly records since launch. Average spot Bitcoin ETF purchase price sits at $90,146, leaving many investors at breakeven or loss levels amid current prices. Despite massive withdrawals, IBIT maintains market leadership with $87.63 billion in assets under management as of Nov 19. Investors pulled approximately $523 million from BlackRock‘s iShares Bitcoin Trust (IBIT) on Nov. 18, marking the fund’s largest outflow since its debut in January 2024, according to data from Farside Investors. This significant…
Solana Price Analysis: What to Expect as 21Shares Launches SOL ETF on CBOE
Key Notes Solana’s staking ratio rose to 67.3% with 6.3% APY returns, creating supply tightness despite price weakness. Bitwise leads active Solana ETFs with $388.1M in holdings while all issuers benefit from SEC-approved staking rewards. Technical indicators show SOL near oversold levels with support at $124 and resistance at the $146.39 mid-band region. Solana SOL $132.0 24h volatility: 5.9% Market cap: $73.15 B Vol. 24h: $5.48 B price declined 4% to $134 on Nov. 19, pressured by broader market turbulence. The retracement came as asset manager 21Shares launched its SOL…
Abu Dhabi Investment Council Triples Bitcoin ETF Stake to $518M Before Market Crash
Key Notes ADIC increased its IBIT position from 2.4 million to 8 million shares between Q2 and Q3 2025, marking a strategic expansion into digital assets. The investment coincided with $3.1 billion in November outflows from US Bitcoin ETFs, including a record $523 million single-day withdrawal from IBIT. Abu Dhabi continues positioning itself as a crypto finance hub, with sovereign funds managing over $1.7 trillion making multiple digital asset investments. The Abu Dhabi Investment Council (ADIC) significantly increased its exposure to the Bitcoin BTC $89 527 24h volatility: 4.1% Market…
Abu Dhabi tripled Bitcoin ETF stake; then the market tanked
The Abu Dhabi Investment Council (ADIC) significantly expanded its exposure to Bitcoin during the third quarter, tripling its stake in BlackRock’s iShares Bitcoin Trust (IBIT) ETF just before the cryptocurrency market experienced a sharp downturn. Summary Sam Bankman-Fried’s legal team will appear before the 2nd U.S. Circuit Court of Appeals to argue his FTX fraud conviction should be overturned. The defense claims the trial judge blocked evidence showing FTX had enough assets to cover withdrawals, which could have changed the jury’s verdict. SBF maintains that FTX’s downfall was caused by…
2026 May See a Surge of Crypto ETF Approvals — Analyst
The US government’s ending of the shutdown and return to the normal legislative session may spark a surge in new crypto exchange-traded fund (ETF) approvals by the Securities and Exchange Commission (SEC) in 2026, according to market analysts. There is “huge” demand for crypto ETFs and exchange-traded products (ETPs), Matt Hougan, chief investment officer at investment firm Bitwise, told CNBC on Wednesday. Hougan said: “It’s going to be ETF-palooza in crypto land. I think there will be 100-plus launches. We’re going to see a lot of single-asset crypto ETPs. What…
🚨BIG CRYPTO NEWS! US TREASURY IRS APPROVE STAKING IN ETFS & MARKET STRUCTURE BILL MAKES PROGRESS!
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Crypto News: Scott Bessent says the US Treasury and IRS approve staking in crypto ETFs. The Senate Agriculture committee has released its long-awaited bipartisan crypto market structure discussion draft. Brought to you by 🏠 Propy (PRO) is a blockchain-based real estate marketplace and decentralized title registry that leverages smart contracts to facilitate property transactions globally & 💡Get the (Re)Thinking Crypto Book on Amazon – 🖥️ Learn Crypto with Expert Commentary – Sponsors: 🌟Uphold – Signup with Uphold. Terms Apply. Cryptoassets are highly…
Wondering Why The XRP Price Is Still Lagging Despite Record ETF Launch? Read This
The debut of Canary Capital’s spot-XRP ETF was one of the standout moments for the XRP community this year, bringing the token into the US ETF arena with strong opening volume and heavy attention from traders. Many holders went into launch week expecting that kind of headline event to push XRP into a sharp rally, especially after waiting years for regulated access in the United States. Instead, price action has stayed relatively muted, leaving a gap between expectations and reality. In a new 26-minute video shared on X, finance coach…