Franklin Templeton joins race for Solana spot ETF

Franklin Templeton has added to the list of companies eyeing approval for a Solana spot exchange-traded fund. On Feb. 11, the $1.5 trillion asset manager filed registration documents for a Franklin Solana Trust in Delaware, joining other firms looking to bring Solana (SOL) spot ETFs to the U.S. market. The registration sees Franklin Templeton officially […]

Grayscale Files for First-Ever Spot Cardano ETF in the U.S.

ADA surges 11% as Grayscale’s spot Cardano ETF becomes the 60th crypto ETF filing this year, raising expectations for SEC approval. Grayscale has taken another ambitious step in the crypto ETF race by filing a 19b-4 form with the SEC for a spot Cardano (ADA) ETF, marking the first-ever attempt to bring ADA into the […]

SHIB burn rate soars 807% in 24 hours as traders spot signs of reversal

The Shiba Inu (SHIB) burn rate shot up by 807% in the past 24 hours, with more than 20.5 million SHIB tokens permanently removed from circulation. In the past 24 hours, the Shiba Inu (SHIB) burn rate skyrocketed by over 807%, according to X announcement from blockchain tracking service Shibburn. More than 20.5 million SHIB […]

ADA may surge to $1.5 after market strength; investors spot next big altcoin

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Cardano shows market strength, predicting a surge to $1.50, while Rollblock attracts bullish investors. Cardano (ADA) has recently demonstrated notable market strength, leading analysts to predict a potential surge to $1.50. This optimism is […]

AAVE secures daily top gainer spot amid renewed buying interest 

AAVE rallied over 9% over the past day amid community hype around its potential launch on Sonic blockchain and an uptick in whale accumulation. Aave (AAVE) rebounded to an intraday high of $274.91 on Feb. 5, gaining 9.6% over the past 24 hours while recovering from earlier losses during a market-wide slump that briefly pushed […]

Purpose files preliminary prospectus for spot XRP ETF

Purpose Investments, an asset management firm with over $23 billion in assets, has filed a preliminary prospectus seeking regulatory approval for the launch of a spot XRP exchange-traded fund. The proposed Purpose Ripple ETF aims to provide investors with long-term exposure to XRP (XRP) and an opportunity to benefit from the asset’s capital appreciation, according […]

A look at WallitIQ’s role in navigating spot Ethereum ETFs effectively

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Spot Ethereum ETFs remain unstable due to market volatility. A new AI-powered platform, WallitIQ, offers tools to help investors navigate these fluctuations. Despite seeing slightly renewed interest a few days ago, the market of […]

Spot Bitcoin ETFs are ‘quietly on fire’, expert says

U.S. spot bitcoin exchange-traded funds have started the year on a strong note, according to Bloomberg senior ETF analyst Eric Balchunas. It has been slightly over a year since the Securities and Exchange Commission approved the launch of spot Bitcoin (BTC) ETFs for the U.S. market. After achieving record net inflows and assets under management […]

Crypto spot trading surpasses May 2021 peak, fueling $11.3t activity: CCData

In December, crypto trading on centralized exchanges hit $11.3 trillion, with spot volumes blowing past the May 2021 peak as volatility spiked. December was a huge month for crypto trading on centralized exchanges as spot and derivatives volumes combined jumped 7.58% to a record-breaking $11.3 trillion, data aggregated by CCData shows. Spot trading hit $3.73 […]