
April 30th, 2025
Although the reason behind the transfer is not very clear, LFG earlier announced that it is set to move assets toward direct custody to enhance the fund’s security.
The FIT21 bill, despite the US House support, faces opposition from the SEC and President Biden, making its Senate passage challenging.
Despite Vanguard’s ban on crypto ETFs, which prevents their 50 million customers from accessing these funds, the newly launched investment products are thriving without the company.
The move has not only stirred speculation about the ongoing case but also the future price trajectory of the cryptocurrency.
As the regulatory process continues, market participants eagerly await the potential launch of Ethereum-linked financial products.
Eric Balchunas, a Bloomberg ETF analyst, is optimistic about BlackRock’s amended S-1 filing, considering it a positive sign for the future launch of Ethereum ETFs.
The approval for the leveraged Ether ETF could potentially facilitate the eventual approval of spot ether ETFs, said Volatility Shares CEO.
Based on Jason Pizzino’s analysis, the top altcoin performers included Solana (SOL) with a notable surge of 180%, indicating strong growth momentum.
Ripple CEO Brad Garlinghouse emphasized that Ripple’s contributions to Fairshake are part of its broader efforts to educate voters on crypto’s future role and the risks of policymakers’ anti-crypto stance in the US.
The court agreed to SEC’s demand of dismissing the case ‘without prejudice’, while Debt Box and other debtors wanted it otherwise.
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.
The surge in the price of Chainlink (LINK) makes it the best performing token among the top 30 cryptocurrencies by market cap.
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 JAM Implementer prize is a 10 million DOT reward pool meant to encourage the creation of implementations in various programming languages to strengthen the ecosystem’s foundation.