The high sponsor fee for Grayscale’s GBTC has pushed investors away to other more liquid and favorable similar Bitcoin products such as IBIT, and FBTC.
A key strategy to boost the use of the Cambodian local currency is to foster cross-border transactions in riel, which the Bakong digital financial system facilitates.
Riot believes strongly that Bitfarms’ recent management turnover is an indication of corporate governance problems.
GameStop’s successful share sale has strengthened the company’s balance sheet and has also fueled speculation about its future moves.
These ETNs will be available in both British pounds (GBP) and US dollars (USD), offering flexibility to investors.
Many crypto enthusiasts expected that trading of the spot Ethereum ETF should follow its launch immediately, as it was with Bitcoin ETFs.
All of the spot Bitcoin ETFs globally collectively hold 1,002,343 BTC, or 5.08% of the current circulating supply of coins, which is 19,704,484.
Similar to GBTC, the Grayscale Ethereum Trust (ETHE) could also see massive outflows in the beginning since its currently trading at 26% discount to the NAV.
The hedge funds’ significant short positions could have several implications for the broader market. Most likely, it can exert downward pressure on prices.
Standard chartered executive stated that similar to Ethereum, other altcoins previously under the SEC scrutiny, such as the XRP case, could also be absolved of the ‘security’ status.
According to a prospective crypto ETP issuer, the recent departures have presented challenges in obtaining clear feedback from LSE on technical matters related to their applications.
Xangle, a Seoul-based crypto data provider, argues that the Korean regulations stop efforts to restore the Korean stock market and address the “Korea Discount”, in which Korean stocks trade at lower valuations than their global peers.
The Solana (SOL) network is a thriving Web3 ecosystem, with nearly $5B in TVL, bolstered by institutional investors and retail traders.
ETF analyst James Seyffart noted that while the 19b-4 filings have been approved, the funds still need to pass another scrutiny stage for the S-1 documents to be reviewed.
Soon after the 19b-4 approval by the US SEC, VanEck Investments swung into action by releasing a 37-second advertisement swaying viewers to “Enter the ether”.