The REX-Osprey XRP ETF (XRPR) is set to begin trading this week, providing the first regulated XRP access in the US. The fund will hold XRP directly and allocate 40% of its assets to XRP-related ETFs, using derivatives only optionally for additional exposure. Regulatory support for crypto ETFs is developingContinue Reading
Major cryptocurrencies gained strongly over the past week, with Bitcoin up 3%, Ethereum 4%, XRP 8% and Solana surging 14% amid growing institutional adoption. US Bitcoin ETFs attracted US$1.3 billion in net inflows this week after previous outflows, with BlackRock’s fund now holding 3.59% of all Bitcoin supply. The FederalContinue Reading
The first US exchange-traded fund (ETF) to hold an asset with no utility, the Rex-Osprey Doge ETF (DOJE), is scheduled to begin trading on Thursday, signaling a new era for institutional investment in speculative digital assets. Unlike most crypto ETFs that use the Securities Act of 1933, this fund isContinue Reading
Bitcoin has reclaimed the US$110k mark after last week’s dip below US$108k, trading in a narrow range since hitting an all-time high of US$124,457 on 14 August. Markets are fully pricing in a Federal Reserve rate cut on September 17, with most expecting a 25-basis-point reduction despite concerns that muchContinue Reading
Rex Shares and Osprey Funds have submitted a prospectus to the SEC for the REX-Osprey DOGE ETF (ticker: DOJE), which could launch as early as next week. The asset managers also outlined potential funds for various digital assets including XRP, BONK and TRUMP, alongside established cryptocurrencies like Bitcoin and Ethereum.Continue Reading
Sonic Labs has approved a proposal to expand into U.S. capital markets, backed by a 99.98% community vote, which will be funded by a US$150 million issuance of its native S token. The funds will be used for a new ETF partnership, liquidity, and a Nasdaq private investment vehicle thatContinue Reading
EasyA co-founder Dom Kwok predicts XRP ETFs could attract record inflows due to affordability and global reach. ETFs simplify access for new investors, with just 7% of the world currently owning digital assets. With SEC deadlines in October and strong futures demand, analysts expect billions in potential XRP ETF inflows.Continue Reading
Bitwise Asset Management filed the first US application for a Chainlink ETF with the SEC, designed to track LINK’s price using Coinbase as custodian and execution agent. The ETF will use standard creation/redemption mechanisms with flexibility for in-kind and cash transactions, providing regulated access to Chainlink’s oracle network token. TuttleContinue Reading
Monochrome’s Bitcoin ETF has passed 1,000 BTC under management, marking a major milestone for Australia’s crypto market. The fund’s holdings have grown rapidly in 2024, with assets rising from under $25m AUD last November to about $180m AUD today. While Australia has trailed the US in ETF adoption, Monochrome’s growthContinue Reading
Bitwise CIO Matt Hougan projects Bitcoin to be the top-performing asset over the next decade. He forecasted 28.3% annual growth between 2025 and 2035; highlighting a strong diversification potential. Institutional interest is rising as spot ETFs and platform approvals bring new demand into the market. In the latest Weekly CIOContinue Reading
