Bloomberg analyst James Seyffart raised the odds of approval on several altcoin ETF filings to 95%. The US SEC is expected to rule this week on Grayscale’s proposal to convert its GDLC fund into a spot ETF. XRP, SOL, and LTC have odds of ETF approval reaching 95% while placing a 90% bar for several
Ethereum price today: $2,480 BitMine plans to implement an ETH treasury strategy following the launch of a $250 million private placement. Ethereum investment products notched nearly $430 million in net inflows last week. ETH struggled at the $2,510 key level after seeing a rejection near the 50-day and 200-day SMAs. Ethereum (ETH) trades near $2,500
Trading app giant Robinhood (HOOD) shares are up 10% today, trading at all-time highs after announcing a big expansion into crypto. According to a Robinhood announcement, the retail trading app has launched US stock and exchange-traded fund (ETF) tokens in the EU. The stock tokens will be issued on the Ethereum (ETH) layer-2 blockchain Arbitrum
Odds are stacked that the U.S. Securities and Exchange Commission approves most of the filed crypto exchange-traded funds, including the various XRP ETFs, by their respective deadlines, according to Bloomberg Analysts James Seyffart and Eric Balchunas. “We are raising our odds for the vast majority of the spot crypto ETF filings to 90% or higher,”
An illustration of the Bitcoin spot ETF. NurPhoto via Getty Images Crypto ETFs have come a long way, even though it’s only been less than 4 years since the first Bitcoin futures ETF was introduced. After years of legal resistance, spot Bitcoin ETFs finally hit the US markets in early 2024, bringing in billions in
Los Angeles, CA, May 02, 2025 (GLOBE NEWSWIRE) — The U.S. Securities and Exchange Commission (SEC) officially approved ProShares Trust to launch three ETF products based on XRP futures: ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF and ProShares Short XRP ETF. This allows investors to obtain its price exposure through leverage or inverse methods
CLN KraneShares Key News Asian equities were mixed overnight in a quiet session following Friday’s global index rebalance and the expiration of U.S. futures and options. Hong Kong and India, which has picked up recently after its correction, outperformed while the Philippines and Indonesia underperformed. The Wall Street Journal is reporting Trump’s April 2 tariff