Tag: News
Franklin Templeton filed with the SEC for the Franklin US Equity Bitcoin DRIP Index ETF and Franklin US Innovation Bitcoin DRIP Index ETF, which allocate 95% to large-cap U.S. stocks and 5% to Bitcoin, with dividends reinvested to boost BTC exposure up to a 20% cap.
The structure creates steady, indirect demand for Bitcoin funded by corporate dividends, targeting investors seeking passive crypto allocation without direct purchases.
Proposed...
Ethereum Foundation Co-Executive Director Hsiao-Wei Wang Resigns Amid Leadership Transition
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Hsiao-Wei Wang has resigned as co-executive director and board member of the Ethereum Foundation (EF), effective immediately.
The move follows her recent sabbatical and comes after fellow co-executive director Tomasz Stańczak‘s earlier departure, contributing to at least eight senior exits in recent months.
Wang emphasized Ethereum’s decentralized nature: “Ethereum has always been bigger than any one role, any one...
Strategy’s STRC Preferred Stock Hits Record Low Below Par, Pausing Key Bitcoin Funding Channel
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Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) closed at a record low of $89, 11% below its $100 par value.
The discount has paused the company’s at-the-market issuance program, a primary channel for raising capital to acquire more bitcoin.
This follows Strategy’s first-ever BTC sale of 32 coins for ~$2.5 million in late May to cover STRC dividends.
Bitcoin and ether spot ETFs saw combined outflows of $111 million...
Uniswap Outperforms Dips as Standard Chartered Initiates Coverage With $100 Price Target
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Uniswap (UNI) bucked the broader market sell-off, surging into the $3.70 range after trading as low as $2.50 last week.
Standard Chartered initiated coverage on UNI with a hyper-bullish target of $100 by the end of 2030, driven by the explosive expansion of real-world asset (RWA) tokenization.
The bank’s analysts compared Uniswap’s open platform model to YouTube, contrasting it with Coinbase’s more capital-intensive,...
Coinbase Unveils Ambitious System Update with Tokenized Stocks, AI Advisor, and Bitcoin-Backed Mortgages
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Coinbase announced 21 new products and features on June 16, 2026, expanding into tokenized equities, AI-driven advisory, and traditional finance services.
Tokenized U.S. stocks launching next month for eligible non-U.S. customers, backed 1:1 with automatic dividends and onchain transferability.
New AI-powered Coinbase Advisor (SEC-registered) and Coinbase for Agents platform for autonomous trading, alongside Bitcoin-backed mortgages via...
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