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Tag: Cryptocurrencies

SEC Approves Grayscale Digital Large Cap Fund, Ushering in Era of Multi-Asset Crypto ETPs

SEC Approves Grayscale Digital Large Cap Fund, Ushering in Era of Multi-Asset Crypto ETPs

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Regulatory Milestone: SEC greenlights Grayscale Digital Large Cap Fund (GDLC) for NYSE Arca trading, tracking the CoinDesk 5 Index. Diversified Holdings: Provides institutional exposure to BTC, ETH, SOL, XRP, and ADA in a single ETP. Broader Implications: New generic listing standards ease approvals for future spot crypto ETFs, boosting market accessibility. The U.S. Securities and Exchange Commission (SEC) approved the...

Cryptocurrencies, Front page, News

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Bitcoin Holds Steady Near 6K as Traders Await Fed's Rate Cut Decision

Bitcoin Holds Steady Near $116K as Traders Await Fed’s Rate Cut Decision

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Fed rate cut: Markets price in 96% chance of 25 basis point reduction today. Bitcoin price: Trades around $116,000, up slightly amid anticipation. ETF inflows: U.S. spot Bitcoin ETFs record $260 million inflows on Monday. Expert outlook: Cut largely priced in; Powell’s comments key for future policy signals. Bitcoin and major altcoins showed resilience on Tuesday, September 16, 2025, as investors positioned for the...

Bitcoin, Cryptocurrencies, Front page, News

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REX-Osprey Set to Launch First U.S. Spot XRP ETF This Week

REX-Osprey Set to Launch First U.S. Spot XRP ETF This Week Under ’40 Act Framework

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REX Shares and Osprey Funds will launch the XRPR ETF on Thursday, marking the first spot XRP product in the U.S. The ETF uses a Cayman Islands subsidiary and an ETF-of-ETFs model to hold XRP directly while investing in related funds, registered under the Investment Company Act of 1940. This launch follows a similar approach to the firms’ Solana staking ETF and comes amid pending approvals for other altcoin ETFs. Investment...

Cryptocurrencies, Front page, News

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Galaxy Digital Acquires 0 Million in SOL to Fuel Forward Industries' Treasury Strategy

Galaxy Digital Acquires $300 Million in SOL to Fuel Forward Industries’ Treasury Strategy

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On-chain data shows Galaxy Digital executing 13 transactions to acquire approximately 1.24 million SOL tokens, valued at $300 million, from major exchanges including Binance, Coinbase, and Bybit in the past 24 hours. The firm then transferred the assets to custody wallets on Fireblocks, signaling a strategic accumulation. This latest move extends a broader buying spree, with Galaxy amassing around 6.5 million SOL over the past five days...

Cryptocurrencies, Front page, News, Solana

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Bitcoin Reclaims 5,000 as Traders Parse Fed Rate Cut Clues

Bitcoin Reclaims $115,000 as Traders Parse Fed Rate Cut Clues

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Bitcoin climbed 1.5% to surpass $115,000, touching a high of $116,317 amid macro optimism. U.S. CPI data softened, boosting bets on Federal Reserve rate cuts and lifting crypto sentiment. BTC ETF inflows reached $552.7 million yesterday, signaling sustained institutional interest. Bitcoin (BTC) pushed past $115,000 on Friday, gaining 1.5% over the past 24 hours to trade at $115,255 as of 11 a.m. ET. The rally follows...

Bitcoin, Cryptocurrencies, Front page, News, Regulation

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