-
1 week ago | 
zycrypto.com | Brenda Ngari
Advertisement
 
 Canada has outpaced the U.S. in launching a second XRP exchange-traded fund (ETF). Crypto asset manager 3iQ introduced the new XRP-focused ETF for North American customers. The 3iQ XRP ETF (XRPQ) started trading today on the Toronto Stock Exchange (TSX), providing investors direct exposure to the fourth-biggest cryptocurrency by market capitalization without them needing to hold the asset itself.
-
1 week ago | 
zycrypto.com | Brenda Ngari
-
1 week ago | 
zycrypto.com | Brenda Ngari
Advertisement
 
 The U.S. Securities and Exchange Commission and Ripple are seeking more time to finalize a settlement and have requested the United States Court of Appeals for the Second Circuit to keep their ongoing appeals in abeyance, according to a new status report filed by the agency. #XRPCommunity #SECGov v.
-
1 week ago | 
zycrypto.com | Brenda Ngari
Advertisement     Toronto-based asset manager Purpose Investments is set to launch a spot XRP exchange-traded fund (ETF) in Canada this week after obtaining regulatory approval, giving investors direct, secure exposure to the fourth-largest cryptocurrency by market capitalization through traditional investment accounts such as TFSAs and RRSPs. According to a June 16 press release, the Purpose XRP ETF will begin trading on the Toronto Stock Exchange on Wednesday, June 18, under the...
-
1 week ago | 
zycrypto.com | Brenda Ngari
Advertisement
 
 US President Donald Trump’s social media platform, Truth Social, has filed with the US Securities and Exchange Commission to launch a joint Bitcoin and Ethereum exchange-traded fund (ETF), a hybrid investment vehicle offering exposure to the top two cryptocurrencies.
-
1 week ago | 
zycrypto.com | Brenda Ngari
Advertisement
 
 As the old adage goes: If a market does not fall too much on bad news, it indicates big players are probably going long. The saying holds true for Bitcoin treasury company Strategy, which on Monday announced it had expanded its holdings with a new 10,100 BTC buy amid escalating geopolitical tensions in the Middle East. The price of Bitcoin, meanwhile, climbed above the $107,000 level on Monday following a volatile weekend.
-
1 week ago | 
zycrypto.com | Brenda Ngari
Advertisement
 
 On Monday, Japanese investment firm Metaplanet announced that it had boosted its total holdings to 10,000 BTC, reaching the previous target it set for this year. Metaplanet now owns the ninth biggest BTC stash among publicly traded companies after overtaking crypto exchange Coinbase (COIN). Metaplanet CEO Simon Gerovich announced on X that the Tokyo-listed firm purchased an additional 1,112 BTC for $117.2 million at an average price of $105,435 per Bitcoin.
-
2 weeks ago | 
zycrypto.com | Brenda Ngari
Advertisement
 
 Seven ETF providers filed amended S-1 forms for Solana exchange-traded funds with the U.S. Securities and Exchange Commission on Friday, suggesting approvals of the spot SOL-based funds may be near. The proposed ETFs from investment firms, including 21Shares, Bitwise, Fidelity, Franklin Templeton, Grayscale, VanEck, and Canary Capital, seek to give US investors direct exposure to the price of Solana without them having to hold the altcoin directly.
-
2 weeks ago | 
zycrypto.com | Brenda Ngari
Advertisement
 
 Stablecoin issuer Circle is strengthening ties with Ripple by launching its U.S. dollar-pegged USDC stablecoin on the XRP Ledger (XRPL). Following the launch of USDC on the XRPL, market participants’ anticipation of a strong XRP price rally is heightened. According to the June 12 announcement, developers and institutions will now be able to easily mint and redeem USDC tokens on the XRP Ledger following the unexpected integration.
-
2 weeks ago | 
zycrypto.com | Brenda Ngari
Advertisement
 
 Cardano co-founder Charles Hoskinson has floated the idea of converting $100 million worth of ADA tokens from the project’s treasury into Bitcoin (BTC) and stablecoins to enhance liquidity and boost the growth of Cardano’s decentralized finance (DeFi) ecosystem.
