21Shares files with SEC for spot ONDO ETF

21Shares files with SEC for spot ONDO ETF

21Shares has filed a preliminary application with the US Securities and Exchange Commission for an ETF tracking the token of the DeFi platform Ondo Finance. Exchange-traded fund issuer 21Shares has filed with US regulators for a product tracking the spot price of Ondo, the native token of the decentralized finance protocol Ondo Finance. 21Shares submitted…

Read More
SEC delays in-kind redemption decision for Bitwise crypto ETFs

SEC delays in-kind redemption decision for Bitwise crypto ETFs

The US SEC has extended its decision deadline on whether to allow in-kind redemptions for Bitwise’s spot Bitcoin and Ether ETFs on NYSE Arca. The United States Securities and Exchange Commission (SEC) extended its deadline for ruling on in-kind redemptions for two separate crypto exchange-traded funds (ETFs). According to a Wednesday SEC filing, the regulator…

Read More
SEC approves conversion of Grayscale's large-cap crypto fund into ETF

SEC approves conversion of Grayscale's large-cap crypto fund into ETF

Grayscale has slowly narrowed the arbitrage opportunities on its crypto trusts by converting them into exchange-traded funds. Asset manager Grayscale received approval from the US Securities and Exchange Commission (SEC) on Tuesday to convert its Digital Large-Cap Fund into an exchange-traded fund (ETF). The fund consists of the five biggest cryptocurrencies by market capitalization featured…

Read More
Why is XRP price up today?

Why is XRP price up today?

A truce between Israel and Iran and whale accumulation have helped XRP price recover sharply, positioning it for a potential rally to new all-time highs. Key takeaways: XRP price jumped over 11% after a ceasefire between Israel and Iran. Mid-sized whale addresses have steadily accumulated XRP. Read more If you liked the article, do not…

Read More