Spot XRP Exchange-Traded Funds (ETFs) started the week surpassing most crypto-based investment products after the record debut performance of Grayscale and Franklin Templeton’s funds. Related Reading: Bitcoin’s November Crash To Continue If This Level Isn’t Reclaimed, Analyst Warns GXRP, XRPZ See Record Debut This week, the second batch of spot XRP ETFs went live, debuting with a record-breaking performance. Notably, Grayscale and Franklin Templeton launched their XRP-based investment products, recording over $60 million in net inflows each during their first day. On Monday, Franklin Templeton debuted the new XRPZ ETF on NYSE Arca, highlighting that “its established utility in facilitating cross-currency settlement has made XRP a central component of the growing digital payments ecosystem.” Moreover, Grayscale followed the same path as with its other existing crypto-based private trusts, converting its XRP fund into the publicly traded GXRP ETF. In a significant achievement, both funds broke Canary Capital’s XRPC record as the biggest ETF debut of 2025. As reported by NewsBTC, Canary Capital launched the first single-token XRP spot ETF on November 13, smashing the initial expectations of multiple experts. After clearing the last regulatory hurdles, XRPC debuted on Nasdaq with a total volume of $58 million. Ahead of its launch, senior ETF analysts predicted that the fund could surpass Bitwise’s BSOL, which previously held this achievement. After the first 30 minutes, XRPC surprised market observers with $26 million in volume, suggesting strong initial demand. Meanwhile, BSOL recorded an impressive volume of $10 million in the first 30 minutes of trading, surging to $33 million by the half-day mark. The investment product closed its debut with $57 million in volume, beating all 900 other launches of the year. According to SoSoValue data, Franklin’s XRPZ and Grayscale’s GXRP saw an impressive $62.6 million and $67.4 million on their launch day, surpassing Canary’s XRPC record and becoming the best debuts of any ETFs in 2025 so far. XRP ETFs Steal The Spotlight Besides the remarkable launch of Grayscale and Franklin Templeton’s investment funds, the XRP ETF category’s performance surpassed that of other leading ETFs on Monday, including those based on the largest cryptocurrencies by market capitalization, Bitcoin (BTC), Ether (ETH), and Solana (SOL). Canary Capital’s XRPC and Bitwise’s XRP ETF brought in $16.4 million and $16.4 million, respectively, amounting to a total of $164 million in net inflows for the whole category on November 24. This performance was followed by ETH ETFs, which recorded $96.6 million in inflows, led by BlackRock’s ETHA. Solana-based funds came third with $58 million in positive net flows, extending their 20-day streak with a total of $568 million in inflows, according to Farside Invest data. Related Reading: Financial Strategist Debunks Prediction That Bitcoin Price Will Reach $220,000 In 45 Days Notably, spot XRP ETFs have seen cumulative net inflows of $586.8 million, registering an eight-day positive streak and surpassing the total inflows of SOL ETFs. On the contrary, Bitcoin ETFs registered the worst performance among the leading cryptocurrency funds. The investment products continued their choppy November performance, starting the week with $151 million in outflows, led by BlackRock’s IBIT. As of this writing, XRP is trading at $2.18, a 1.6% decline in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
Canary’s spot XRP Exchange-Traded Fund (ETF) has surpassed most of the experts’ predictions, and it is currently on track to see a record-breaking debut after registering strong institutional demand on its first day. Related Reading: Winklevoss Twins Back Zcash (ZEC) Treasury Company With $58M Investment First Spot XRP ETF Begins Trading On Thursday, the first single-token XRP spot ETF began trading on Nasdaq, smashing the initial performance expectations of multiple experts after clearing the last regulatory hurdles this week. Following the launch of Canary Capital’s spot XRP ETF (XRPC), the investment management firm asserted its conviction that “XRP Ledger represents a leading framework for global payments — purpose-built for interoperability and real-world settlement.” Notably, Canary Capital recently completed its 8-A filing for its XRPC ETF with the US Securities and Exchange Commission (SEC) and received the stock exchange’s green light on Wednesday afternoon. The Thursday launch comes amid the end of the US Government shutdown, which officially lasted 43 days and was forecasted to delay the long-awaited Altcoin ETFs until its conclusion. For context, the SEC was expected to approve multiple crypto-based investment products between early October and November, after the regulatory agency postponed the decision deadline in Q3 and released new generic listing standards for the products. However, the second wave of crypto-based investment products arrived despite the government setback, with the first set of ETFs launching over two weeks ago. On October 28, Canary Capital’s spot Litecoin and Hedera ETFs and Bitwise’s Solana Staking ETF (BSOL) began trading after filing 8-A forms with the SEC. As crypto journalist Eleanor Terret explained, the launch was possible because an open government wasn’t required to continue the process, and the 8-A filings are “just as important” as the S-1 forms, since they register ETF shares under the Securities Exchange Act of 1934. Canary’s XRPC To Challenge BSOL’s Debut Ahead of the launch, multiple experts predicted that Canary’s spot XRP ETF could see strong demand and reach between $15 million and $35 million in volume on its first day. Senior ETF analyst at Bloomberg, Eric Balchunas, initially suggested that the investment product could hit $17 million in volume. Following the first half-hour, the XRP ETF saw $26 million in volume, the analyst noted, breaking past his original expectations. As a result, Balchunas suggested that the XRPC had a “good shot” at surpassing BSOL’s first-day volume and becoming the biggest ETF launch of 2025. As reported by NewsBTC, Bitwise’s SOL Staking ETF recorded an impressive volume of $10 million in the first 30 minutes of trading, which surged to $33 million by the half-day mark. The investment product closed its first day with around $57 million in volume, beating all other launches of this year. Related Reading: SUI Eyes Key Retest As Price Breaks Out Of Downtrend – Rally To $3 Ahead? In the afternoon, analyst James Seyffart noted that Canary’s XRP ETF had recorded around $46 million in volume by the half-day mark, with a few more hours of trading ahead. The analyst initially suggested that XRPC could see around $34 million in volume on day one. “This is almost guaranteed to be near the top of the list for 2025 launches and still has a shot at beating $BSOL for the top spot,” Seyffart concluded. As of this writing, XRP trades at $2.30, a 3.3% decline in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
Following the launch of the first Solana (SOL) Exchange-Traded Funds (ETFs) in the US, Bybit analysts believe that the cryptocurrency could enter a multi-quarter rally fueled by institutional demand. Related Reading: Cathie Wood Trims Her 2030 Bitcoin Price Prediction To $1.2 Million – Here’s Why Solana ETF Era To ‘Reshape’ Price Trajectory On Friday, crypto exchange Bybit discussed the potential impact of the recently launched Bitwise Solana Staking ETF (BSOL) and Grayscale Solana Trust ETF (GSOL) on the altcoin’s long-term narrative and performance. In its Crypto Insights Report, the exchange noted that the altcoin joined Bitcoin (BTC) and Ethereum (ETH) as one of the digital assets with regulated brokerage access in the US, marking a key milestone that could reshape “its price trajectory and market structure for years to come.” The report highlighted that SOL’s performance will likely benefit from the global expansion of SOL-focused products. Notably, Hong Kong also approved and launched the first Solana Spot ETF by China Asset Management in late October. Meanwhile, Brazil and Canada also host Solana ETFs, which create “a multi-jurisdictional framework that enhances global liquidity and price discovery.” Nonetheless, the crypto exchange considers that the most significant impact is “the narrative shift they catalyze,” as the cryptocurrency “is no longer just a high-beta altcoin favored by retail traders — it’s now a regulated, yield-bearing asset with institutional access and global distribution.” This rebranding aligns with Solana’s technical evolution, as its role in powering tokenized treasuries, real-world assets and permissioned stablecoin issuance makes it a foundational layer for the next generation of financial infrastructure. The exchange argued that Solana may transition from a speculative asset to providing a strategic allocation in diversified portfolios as macro conditions stabilize and ETF inflows build. SOL ‘On The Cusp Of Multi-Quarter Rally’ According to Farside Investors’ data, the SOL-based investment products have recorded over $300 million in inflows since launching last week, signaling strong institutional demand for the Solana ETFs. However, the altcoin’s price retraced around 8% during the ETF’s first trading week. Additionally, SOL’s price has fallen nearly 20% on the weekly timeframe, reaching a four-month low of $144 earlier this week. Despite the short-term volatility, Bybit affirmed that the ETF listings “represent a structural shift in how SOL is accessed, traded and perceived,” dramatically expanding SOL’s investor base. The report emphasized that the subdued response echoes the “sell-the-news” dynamic seen in BTC and ETH’s ETF approvals. Both cryptocurrencies experienced short-term corrections after their respective spot ETF launches before recovering on sustained inflows. “Solana may be following a similar pattern, with early profit-taking and whale rotation — such as Jump Crypto’s large on-chain transfer — temporarily suppressing upside momentum,” Bybit affirmed. Related Reading: Web3 Verifiable Settlement Protocol To Bring ‘Internet-Speed’ Payments With New Upgrade The report pointed out Bitwise’s estimate that every $1 billion in ETF inflows could lead to a 30%-50% increase in SOL’s market capitalization. As a result, if inflows reach $2-3 billion in the next year, the cryptocurrency could revisit its all-time high (ATH) levels, and even rally toward $300–$350. “If historical patterns hold, Solana could be on the cusp of a multi-quarter rally that redefines its position in the crypto hierarchy,” the exchange concluded. As of this writing, Solana is trading at $154, a 1% decline in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
Following the recent launch of multiple crypto ETFs, Bitwise Asset Manager’s CIO has forecasted a bright future for the firm’s Solana Staking Exchange-Traded Fund (ETF), as investors show strong initial interest in the investment product. Related Reading: November Preview: Will Bitcoin Break The Cycle Or Repeat It? Bitwise Solana Staking ETF Sees Strong Start On Tuesday, Bitwise CIO Matt Hougan predicted that the Bitwise Solana Staking ETF (BSOL) could attract significant institutional interest and become one of the leading investment products based on digital assets. Hougan argued that Solana is “one of the most exciting crypto investment opportunities that exists today,” as it records “the most revenue of any blockchain.” He explained that institutional investors “love” both ETFs and revenue, which suggests that these investors will “love Solana ETFs.” Bitwise’s CIO previously pointed out that there must be fundamental reasons for investors’ interest in investment vehicles such as ETFs and Digital Asset Treasuries (DATs), signaling that Solana has them. Therefore, he has “a feeling the Bitwise Solana Staking ETF, BSOL, is gonna be huge.” Ahead of the launch, ETF Expert Eric Balchunas predicted that the first day volume for Bitwise’s Solana ETF could surpass the $50 million mark. Notably, the firm’s spot Bitcoin ETF (BITB) and spot Ethereum ETH (ETHW) recorded $237.9 million and $204 million on their first day, respectively. Hougan has highlighted that Solana’s market capitalization is 1/20th the size of BTC and less than 1/4th the size of ETH. Based on this, the volume for an SOL ETF is expected to be smaller than that of ETFs based on the two leading crypto assets. According to data shared by Balchunas, BSOL recorded an impressive volume of $10 million in the first 30 minutes of trading, hinting at initial demand. This amount surged to approximately $33 million by the half-day mark and hit $56 million by the end of its first trading day. According to the analyst, BSOL had a strong start, noting that its “$56m is the MOST of any launch this year.. More than XRPR, SSK, Ives and BMNU.” Crypto ETFs Launch Amid Government Shutdown BSOL was among the crypto ETFs launched on October 28 despite the US government shutdown. As reported by NewsBTC, Bitwise, for its Solana Staking ETF, and Canary Capital, for its spot Litecoin (LTC) and Hedera (HBAR) ETFs, filed 8-A forms on Monday to launch the investment products this week despite the government shutdown. Notably, the Securities and Exchange Commission (SEC) was set to approve over a dozen altcoin ETFs between October and November after delaying the decision deadline and releasing new generic listing standards for the products. Related Reading: Bitcoin Obsession Costs Saylor — S&P Tags Strategy As ‘Junk’ However, investors expected that the long-awaited green light would be delayed until the end of the government shutdown. Journalist Eleanor Terret explained that the launch was possible because an open government isn’t required and the 8-A filings are “just as important” as the S-1 forms, as they formally register ETF shares under the Securities Exchange Act of 1934. As a result, after the NYSE certified all the filings for the ETFs, they could start trading on Tuesday. Meanwhile, Grayscale’s Solana Trust (GSOL) will convert into an ETF on Wednesday. Featured Image from Unsplash.com, Chart from TradingView.com
Multiple crypto exchange-traded funds (ETFs) are set to launch this week despite the government shutdown, with investment products based on Solana (SOL), Litecoin (LTC), and Hedera (HBAR) seemingly ready to start trading as soon as Tuesday. Related Reading: Crypto Analyst Shows The Possibility Of The Ethereum Price Reaching $16,000 Big Week For Crypto ETFs On Sunday night, Nate Geraci affirmed that the next two weeks will be key for the long-awaited spot crypto-based ETFs as Solana, XRP, LTC, and other ETF filings are “all lined up & ready for launch.” Similarly, Bitwise CEO, Hunter Horsley, hinted that this week would be a “Big week,” suggesting progress related to its Solana Staking ETF. It’s worth noting that the crypto community has been awaiting the US Securities and Exchange Commission (SEC)’s approval of the investment products following the numerous ETF applications filed over the past few months. Between August and September, the regulatory agency postponed the decision deadline of most applications by two months, pushing back the key dates to mid-October and mid-November. However, the government’s shutdown, which started on October 1, reduced the odds of the products receiving a green line during the expected timeline. On Monday morning, ETF expert Erich Balchunas reported that multiple issuers were looking to launch their crypto-based ETFs this week, despite the government shutdown. According to the Bloomberg analyst, Canary Capital had filed 8-A forms for its spot Litecoin and Hedera ETFs, while Bitwise had filed one for its Solana Staking ETF. “These are the ones rumored to be poss looking to launch (along w Grayscale solana) this week despite shutdown. Not a done deal but clearly preparations being made. Stay tuned,” Balchunas stated. Solana, Litecoin, Hedera Products Take The Lead Later, Balchunas confirmed the reports that the exchange had posted listing notices for Bitwise’s Solana Staking ETF, and Canary’s LTC and HBAR ETFs to launch on October 28, while Grayscale’s Solana trust is set to convert on Wednesday. “Assuming there’s not some last min SEC intervention, looks like this is happening,” the analyst added. Crypto Journalist Eleanor Terret also shared the news, citing Canary’s CEO, Steven McClurg, who confirmed that the Canary spot HBAR and LTC ETFs will begin trading on Nasdaq on Tuesday. “Litecoin and Hedera are the next two token ETFs to go effective after Ethereum,” McClurg told the journalist in a statement. “We look forward to launching tomorrow.” Terret explained that despite the government shutdown, the launch is possible because “the operation of law does not always actually require an open government.” Related Reading: Ethereum Moves Higher — Buyers Strengthen Grip Amid Renewed Market Optimism According to the post, the 8-A forms are “just as important” as the S-1s filings: the former formally registers ETF shares under the Securities Exchange Act of 1934, while the latter registers the investment products under the Securities Exchange Act of 1933. After NYSE certified all the 8-A filings for the ETFs above on Monday, shares can start trading, Terret affirmed, adding: “Here’s the key: The issuers included language in their amended S-1s that lets them automatically go effective 20 days after filing. Typically, issuers delay S-1s until the SEC takes them effective, but the legal default is that the S-1 goes automatically effective without SEC intervention. That means the agency doesn’t need to approve them manually and the filings can go live on their own, even during the shutdown. So, long story short, all the legal boxes are checked and these ETFs are on track for launch.” Featured Image from Unsplash.com, Chart from TradingView.com
After months of growing uncertainty and anticipation, the debut of exchange-traded funds (ETFs) for Hedera (HBAR) and Litecoin (LTC) is set to commence tomorrow, as confirmed by Canary Capital’s CEO Steven McClurg on Monday. Hedera And Litecoin ETF Launches Imminent Crypto reporter Eleanor Terret shared the news on X (formerly Twitter), revealing that the ETF launches for Litecoin and Hedera are imminent, with a statement from McClurg underscoring the excitement for the upcoming launch. Related Reading: Crypto Analyst Shows The Possibility Of The Ethereum Price Reaching $16,000 Notably, the New York Stock Exchange (NYSE) has also made significant moves in the ETF sector by certifying 8-A filings and issuing listing notices for Bitwise Invest’s spot Solana (SOL) ETF launch tomorrow and Grayscale’s GSOL conversion slated for Wednesday. Despite the ongoing government shutdown, these ETF debuts are proceeding smoothly, Terret confirmed. The legal processes behind ETF launches, including the crucial 8-A filings, have been completed successfully, paving the way for the launch of these investment vehicles. ETF Listings Confirmed Addressing concerns about Securities and Exchange Commission (SEC) approval during the shutdown, a key detail emerged: the issuers strategically included provisions in their amended S-1 filings, enabling automatic effectiveness 20 days post-filing. This ensures a seamless transition to trading without manual SEC approval. Related Reading: ETF Delays Shake Market Confidence, But XRP’s Volume Spike Supports a $2.9 Bullish Signal Bloomberg’s ETF expert, Eric Balchunas, further corroborated this development on social media, confirming the listing notices for Bitwise, Canary, to launch imminently, with grayscale Solana’s conversion scheduled shortly after. Balchunas stated, “Assuming there’s not some last min SEC intervention, looks like this is happening.” The news has sparked a recovery in HBAR and LTC prices. Litecoin has regained the key $100 mark with a 2% surge in the 24-hour time frame, while Hedera has seen similar gains of 2.1% during the same period. Featured image from DALL-E, chart from TradingView.com
According to a Reuters report, global asset management firm T. Rowe Price, with $1.7 trillion in assets under management (AuM), is seeking regulatory approval to launch its first actively managed crypto ETF linked to multiple tokens, marking the firm’s initial entry into the cryptocurrency market space. The Firm’s First Crypto ETF Bryan Armour, an exchange-traded fund analyst at Morningstar, commented on the development stating, “It’s a surprise to see them as a relatively late entrant, but they’re planning to offer something differentiated to try and break into the space.” Related Reading: Crypto Winter Looms: These Key Signals Point To A Deeper Crash Ahead While many asset managers have inundated the SEC with applications for ETFs tied to individual cryptocurrencies like Solana (SOL), XRP, Dogecoin (DOGE), among the most anticipated, proposals for new multi-coin products that are actively managed remain uncommon, Armour added. T. Row Price’s crypto ETF reportedly aims to provide investors exposure to a selection of five to 15 digital coins that meet specific eligibility criteria. The fund’s prospectus indicates that eligible assets could include Bitcoin (BTC), Ethereum (ETH), SOL, DOGE, and Shiba Inu (SHIB). The managers will target outperformance of the FTSE Crypto US Listed Index, utilizing fundamental, valuation, and momentum factors to guide their asset selections and portfolio allocations, a spokesman told Reuters. T. Rowe Price’s New Digital Assets Strategy Rowe Price has been closely monitoring developments in the digital assets space and has developed the capability to trade digital assets in recent years, Reuters highlighted. In 2022, as one of its first steps to prepare for entering the industry, the firm appointed Blue Macellari, a former crypto hedge fund executive, as head of its digital assets strategy. This could be boosted by recent regulatory developments in the US, where the pro-crypto Trump administration has developed and introduced new crypto bills that aim to lay the foundation for transforming the country into the crypto capital of the world, as Donald Trump himself has stated repeatedly this year. Related Reading: Gold Rotation Impact: Bitwise Warns Bitcoin Could Skyrocket To $242,000 Todd Rosenbluth, head of research at VettaFi, an ETF market analysis firm, commented, “It’s exciting to see them expand their ETF lineup beyond stock and bond exposure.” Numerous crypto ETF applications are awaiting SEC approval amid a government shutdown that has significantly reduced the agency’s operational capacity. These products are unlikely to receive the green light until the shutdown concludes, despite the regulator’s recent adoption of new listing standards that have paved the way for a range of new offerings, including the T. Rowe Price crypto ETF. As of this writing, Bitcoin has resumed its downward trend, dropping to the lower boundary of its consolidation range at $107,988—a 3.5% decrease from Tuesday’s valuation. Featured image from DALL-E, chart from TradingView.com
On Oct. 14, the SEC received a set of filings containing math that can destroy portfolios overnight. Volatility Shares, the issuer behind the first leveraged Bitcoin ETF, wants to launch a suite of 5x funds tied to Bitcoin, Ethereum, Solana, and XRP. If approved, these ETFs would magnify daily returns by a factor of five, […]
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Cboe has filed four separate 19b-4 applications with the US Securities and Exchange Commission (SEC) to introduce spot XRP exchange-traded funds (ETFs). The filings, submitted on behalf of WisdomTree, Bitwise, 21Shares, and Canary, mark a critical step in seeking regulatory approval to list and trade these investment products. These 19b-4 applications follow the issuers’ S-1 […]
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Tuttle Capital Management (TCM) has filed for ten different leveraged crypto ETFs in the United States, signaling an increasing interest from asset managers in leveraging cryptocurrencies and memecoins as viable investment vehicles. Tuttle Capital’s Crypto ETFs To Feature 2x Long Exposure Based in Riverside, Connecticut, Tuttle Capital was founded in 2012 and specializes in providing investment management and advisory services. The firm’s recent filing encompasses a range of well-known cryptocurrencies, including XRP, Solana (SOL), Litecoin (LTC), and Cardano (ADA), as well as more niche tokens like TRUMP, MELANIA, BONK, Chainlink (LINK), and Polkadot (DOT. Related Reading: Bollinger Bands Tighten On XRP Daily Chart – Major Price Move Ahead? The proposed ETFs are designed to provide a 2x long exposure to these digital assets, catering to investors looking to capitalize on the volatility and potential upside of the cryptocurrency market. Bloomberg ETF experts James Seyffart and Eric Balchunas have noted the significance of this filing. Seyffart highlighted that this marks the first US crypto ETFs filings for assets like Chainlink, Cardano, Polkadot, and even the memecoin MELANIA. A Key Test For SEC Regulations? The expert further emphasized that this is a pivotal moment for issuers as they test the boundaries of what the US Securities and Exchange Commission (SEC) will permit. The recent establishment of the new crypto task force, led by pro-crypto Commissioner Hester Peirce, is anticipated to play a crucial role in determining the regulatory landscape for such products. Related Reading: Ethereum Poised To Test $2,800 Support Level If Market Downtrend Persists – Analyst Balchunas added that the crypto ETFs fall under the Investment Company Act of 1940, suggesting that unless the SEC disapproves the applications, these ETFs could potentially be available for trading as early as April. The expert remarked on the significance of the ongoing Dogecoin and TRUMP crypto ETF as well, noting that their lack of withdrawal after a week indicates a shifting attitude among regulators. Despite the new crypto ETFs filings, Cardano’s price dropped nearly 5%, losing the key $1 milestone. ADA is now trading at $0.92. Featured image from DALL-E, chart from TradingView.com
JPMorgan Chase & Co. Analysts have made a significant projection regarding the potential impact of a new wave of exchange-traded funds (ETFs) focused on alternative crypto assets. Should these funds receive the green light from the US Securities and Exchange Commission (SEC), they could attract inflows of up to $14 billion, marking a notable development in the evolving landscape of cryptocurrency investments. JPMorgan Highlights Growing Interest In Alternative Crypto ETFs The analysts specifically highlighted the anticipated interest in proposed ETFs for Solana and XRP. They estimate that Solana ETFs could draw between $3 billion and $6 billion within six to twelve months post-approval, while XRP funds might see inflows ranging from $4 billion to $8 billion over the same time frame. Related Reading: Analyst Who Predicted Bitcoin Price Crash To $89,000 Reveals Where BTC Is Headed Next This optimism is grounded in the observed adoption rates of existing spot cryptocurrency ETFs. For context, Bitcoin (BTC) funds currently hold approximately $108 billion in assets, which represents about 6% of Bitcoin’s market capitalization since their introduction a year ago. Meanwhile, Ethereum (ETH) exchange-traded funds have accumulated $12 billion in just six months, translating to a 3% penetration rate of Ethereum’s market value. While JPMorgan anticipates that Bitcoin will remain the dominant choice for investors, the interest in Solana and XRP underscores a growing diversification within the crypto investment community. However, the analysts noted that the key question remains: how much demand exists for additional crypto products? They expressed uncertainty about whether the launch of new exchange-traded products (ETPs) will significantly impact the market. Signs Of Industry Growth Post-Trump Election The SEC has recently received numerous applications for funds tracking various cryptocurrencies, including XRP, Solana, and Litecoin. This influx of filings signals a broader industry push to make cryptocurrencies more accessible to retail investors. In addition, the regulatory landscape has been particularly dynamic in light of the recent election of Donald Trump, who has shifted from being a Bitcoin skeptic to a supporter of digital assets. His administration has already shown a willingness to align with the interests of the crypto community, notably by appointing Paul Atkins, a proponent of cryptocurrency, as the new SEC chair, replacing the previous chair Gary Gensler, who was more critical of the industry. Related Reading: Chainlink Weekly Chart Looks Promising – If Bulls Reclaim $30 ‘ATH Are Next’ Despite the positive outlook, JPMorgan cautioned that progress on ETFs beyond Bitcoin and Ether may be slow due to the recent change in administration and the ongoing lack of regulatory clarity. Nevertheless, the analysts remain optimistic, predicting that more exchange-traded fund applications will be submitted—and potentially approved—in 2025. At the time of writing, XRP is trading at $2.67, posting gains of nearly 6% in the 24-hour time frame. Solana, on the other hand, is trading at $188, up 3% in the same time frame. Featured image from DALL-E, chart from TradingView.com
Solana ETF applications are nearing the deadline for a preliminary decision before the end of January, days after President-elect Donald Trump’s inauguration on Jan. 20.
Many executives and analysts predicted the success of US spot Bitcoin ETFs in 2024, but the funds surpassed expectations.
Recent reports revealed that South Korea is set to ease its restrictions on institutional crypto investment. Secretary-General of South Korea’s Financial Services Commission (FSC) announced the watchdog’s plan to review its restrictions amid the ongoing changes in South Korea’s regulatory approach. Related Reading: UK Authorities To Seize $4.3 Million In Bitcoin From Fugitive Crime Boss […]
On Thursday, the South Korea Stock Exchange chairman, Jeong Eun-bo, revealed their plan to “explore” the approval of crypto-based exchange-traded funds (ETFs) to continue with its “value-up program” and face the ongoing market challenges. Related Reading: Indonesia Rushes To Finalize Crypto Oversight Transfer Ahead of Jan. 12 Deadline – Report Korea Exchange To Explore Crypto […]
Spot Bitcoin (BTC) exchange-traded funds (ETFs) registered their first red weekly performance in a month during Christmas Week, their worst performance since September. However, analysts noted that the ETF industry saw its best year yet. Related Reading: Ethereum Looks To Reclaim All-time High, Current Cycle To Outperform Past Cycles? Bitcoin ETFs Receive Charcoal For Christmas […]
The fund aims to offer exposure to MicroStrategy's convertible bonds, among others.
As President-elect Donald Trump prepares to assume office for his second term, significant changes in the regulatory landscape for cryptocurrencies are on the horizon. A wave of crypto ETFs is expected to gain approval in the coming year, signaling a potentially transformative shift for digital assets in the United States. Emerging Entrants In Crypto ETFs […]
The ETP will trade on Sweden’s Spotlight Stock Market, offering investors' access to the world's largest memecoin.
With President-elect Donald Trump set to begin his second term in the White House on January 20, Bloomberg reports that Wall Street is preparing to launch a new wave of financial products that invest in the crypto market. ‘Wild West’ Era For Crypto ETFs In the lead-up to Trump’s second term, executives and legal experts […]
The US presidential race could determine the fate of more than half a dozen proposed crypto ETFs.
South Korea’s top financial regulator, the Financial Services Commission (FSC), is reportedly initiating a review process to reconsider its stance on the ban on spot cryptocurrency exchange-traded funds (ETFs). This comes after forming a new cryptocurrency advisory committee within the regulator, signaling a potential shift from its earlier, more stringent stance on digital asset exposure […]
A recent report revealed that crypto-based investment products saw significant outflows last week. The negative flows, led by the largest cryptocurrency by market capitalization, surpassed $300 million on August 31, suggesting a broader adverse sentiment among investors in various regions. Related Reading: FTX Repayment Plan Faces Potential Hurdle From SEC Scrutiny The US Leads Crypto […]
54% of Japanese institutional investors plan to invest in crypto over the next three years, citing portfolio diversification and high return potential as key drivers.
South Korean researcher Bo-mi Lee highlights crypto volatility and risks, calling for more research and regulatory measures.
The trading of U.S. spot Bitcoin ETFs brought all-time high weekly trading volumes for crypto investment products, according to CoinShares.
Newly compiled data from BitMEX Research estimates there are 150 crypto ETPs available today, with $50.3 billion in assets under management.