Grayscale launches DOGE trust: is an ETF next?
Grayscale Investments has launched the Grayscale Dogecoin Trust, offering institutional and accredited investors exposure to Dogecoin. The move follows a surge in institutional interest and increasing demand for Dogecoin (DOGE) investment products, according to a Grayscale press release. Dogecoin, initially created as a meme coin, has evolved into a widely adopted digital asset with a […]
Verus to redefine trust and privacy? 7 features that set it apart
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Verus is redefining blockchain with privacy-first solutions, scalable ecosystems, and a community-driven approach to rebuilding trust in the digital age. In the age of information, we face numerous conundrums. For one, with the plague […]
Grayscale XRP Trust returns, offering regulated exposure to XRP
Can Grayscale’s XRP Trust revive institutional interest in XRP? On Jan. 17, 2024, Grayscale Investments, a digital currency asset management firm, has announced the reopening of its XRP (XRP) Trust to eligible accredited investors. Grayscale XRP Trust is open to eligible accredited investors seeking exposure to $XRP, which powers the XRP ledger, a distributed network […]
Osprey Funds to convert Bitcoin Trust into ETF as Bitwise acquisition talks end
United States-based Osprey Funds is gearing up to convert its Bitcoin trust into an exchange-traded fund after an acquisition deal with Bitwise fell through. The investment management firm said in a Jan. 14 statement that it would file a Form S-1 with the U.S. Securities and Exchange Commission “as soon as practicable” to convert the […]
Osprey Funds to seek SEC approval to convert Bitcoin trust into ETF
In a separate statement, Osprey said that the deal for Bitwise to acquire the Osprey Bitcoin Trust had been scuttled after failing to get the necessary regulatory approvals. Source link
Crypto.com launches U.S. trust company
Crypto exchange Crypto.com has launched a U.S. trust company dubbed Crypto.com Custody Trust Company. The exchange, founded in 2016 and currently boasting regulatory approval and licenses in numerous countries and jurisdiction, revealed the key development in a press release on Dec. 23. According to details, Crypto.com unveiled the U.S. trust company after it secured a […]
USDX built to support DeFi ecosystem growth: Hex Trust CEO
USDX by Hex Trust integrates DeFi with Flare Network, offering 1:1 USD backing, yield generation, and crosschain capabilities. Source link
Grayscale Bitcoin Trust ETF outflows exceed $21B in under 12 months
The Grayscale Bitcoin Trust has had $21 billion in outflows since January, overshadowing gains from the nine new US-based spot Bitcoin ETFs in the market. Source link
Blockchain tech can restore trust in US elections
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Election integrity was a controversial issue leading up to the 2024 presidential race, but it shouldn’t have been. With the United States presidential election behind us, now is a good time to […]
