Tag: Launch

Ripple Supports Launch of New XRP Tracker Fund by HashKey Capital

Key Notes HashKey Capital released Asia’s first XRP Tracker Fund. Ripple is the anchor investor for this project. XRP Tracker Fund may turn into an ETF if some conditions are met. Ripple Labs Inc, one of the largest digital asset infrastructure firms, is offering the initial investment seed for Asia’s foremost XRP Tracker Fund. This is great news for the embattled digital asset firm and XRP, the fourth-largest cryptocurrency based on market cap. As part of its latest investments, Ripple is supporting crypto fund manager HashKey Capital in the introduction…

Solana ETFs Launch on Toronto Stock Exchange

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Canadian retail investors now have a third option on their spot crypto exchange-traded fund (ETF) menu, but one analyst says it may not be as big of a deal. Canada Debuts Inaugural Batch of Solana ETFs Four investment managers launched spot solana ( SOL) ETFs on Wednesday after Canada’s largest regulator, the Ontario Securities Commission […] Source

VanEck to launch ‘NODE’ ETF targetting crypto-related stocks

VanEck is set to debut its new exchange-traded fund under the ticker NODE, on May 14, expanding its lineup of crypto-related investment products. VanEck’s head of digital assets, Matthew Sigel, announced in an Apr. 16 post on X  that the U.S. Securities and Exchange Commission has approved its upcoming ETF, NODE. The firm plans to launch the ETF on May 14, offering equity exposure to companies shaping the digital asset and blockchain economy. 🚨Now Effective: VanEck Onchain Economy ETF ($NODE) Actively managed, $NODE will aim to hold 30–60 names from…

Bitcoin Price Fails To Launch With $751 Million In Outflows, Are Institutions Cashing Out?

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. The Bitcoin price continues to face headwinds, as the latest report on Digital Asset Fund Flows shows a staggering $751 million in outflows from the digital asset. The sheer…

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…

Ethereum has outperformed Bitcoin just 15% of the time since its launch

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Ethereum has only outperformed Bitcoin for 15% of all trading days since its launch almost a decade ago, according to analysts. Since Ether (ETH) began trading in mid-2015, it has underperformed against Bitcoin (BTC) 85% of the time, analyst James Check said in an April 8 X post. Data shared by Check shows that Ether significantly outperformed Bitcoin in its early years from mid-2015 to around mid-2017, and it had two short periods in late 2019 and early 2020 when the ETH to BTC ratio was in Ether’s favor. However,…

Cboe to launch FTSE Bitcoin Index Futures on April 28

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Cboe Global Markets plans to roll out a new Bitcoin futures product later this month, subject to regulatory approval. In an Apr. 7 press release, the exchange network, said the new futures contract, called the Cboe FTSE Bitcoin (BTC) Index Futures, is set to begin trading on Apr. 28. The FTSE Bitcoin Index will serve as the basis for the cash-settled futures, which will be reduced to a tenth of its value.  The product will trade under the XBTF ticker and settle on the last business day of each month.…

Conor McGregor’s token creators to refund bidders after failed launch

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Investors who bid on the REAL (REAL) token promoted by former UFC champion Conor McGregor will receive a full refund after the project failed to raise above its $1 million minimum requirement. “We need to be real. We didn’t hit our minimum raise,” the developers of the Real (REAL) token, Real World Gaming said in an April 6 X post, adding that “All bids will be refunded in full.” “This is not the end,” RWG said. The team only managed to raise $392,315 in USDC (USDC) over a 28-hour presale…

Japanese Banking Giant SMBC Eyes Stablecoin Launch with Ava Labs

Key Notes Japan has been a leader in stablecoin regulations, classifying them as “Electronic Payment Instruments” in 2022. SMBC has been exploring Web3 innovations since 2022 when it launched Token Business Lab in partnership with HashPort. Stablecoin adoption has been growing worldwide, with global leaders like Donald Trump acknowledging their importance in global finance. Japan’s second-largest banking institution – Sumitomo Mitsui Financial Group (SMBC) – is working on a stablecoin launch in collaboration with Ava Labs and Fireblocks. This happens as big banking players have started understanding the importance of…