Tag: News
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...
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...
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...
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...
Bitcoin Surges Past $116K on Sticky Inflation and Weakening Jobs Data
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Bitcoin (BTC) pushed past $116,000 on Friday, marking a roughly 4% gain over the past week amid mixed U.S. economic signals. The cryptocurrency approached a key CME futures gap near $117,300, with spot prices hitting $116,800 on exchanges like Bitstamp.
Headline consumer price index (CPI) data released Thursday showed a 0.4% month-over-month increase, surpassing the 0.3% forecast and underscoring persistent inflationary pressures....





