On Friday, crypto asset manager 21Shares filed an S-1 registration form for a spot XRP ETF with the US Securities and Exchange Commission (SEC) to establish the 21Shares Core XRP Trust. This filing follows similar applications from other firms, including Canary Capital and Bitwise in the past months, as interest in crypto ETFs surges, particularly […]
On Friday, crypto asset manager Bitwise, filed with the US Securities and Exchange Commission (SEC) to convert three existing futures-based exchange-traded funds (ETFs) into a new series of funds utilizing “Trendwise strategies” approach. This strategy is expected to rotate investments between cryptocurrencies and US Treasuries based on prevailing market conditions, aiming to optimize returns and […]
Bitwise Asset Management has officially filed for a spot XRP exchange-traded fund (ETF) with Delaware’s Division of Corporations on September 30. The filing encompasses the registration for establishing a Delaware statutory trust, a business-oriented trust recognized under Delaware state law. This strategic move aligns with precedents set by prominent financial entities such as BlackRock and […]