XRP’s spot ETF has crossed the $1 billion mark in assets, highlighting growing institutional interest and changing how investors view long-term exposure to XRP. Recent data shows that the XRP spot exchange-traded fund has reached an important milestone, with net assets now exceeding $1 billion. Cumulative inflows are close to $990.9 million, reflecting a noticeable…
CoinShares, one of the leading cryptocurrency-focused firms, announced on Friday that it has withdrawn all of its applications to launch spot crypto ETFs in the United States, including those for XRP and SOL. Despite the withdrawal, demand for these major altcoins on Wall Street remains strong, with cumulative inflows for both XRP and SOL surpassing…
Bitcoin is experiencing its longest weekly slump in over a year, putting the cryptocurrency on course for its worst quarterly performance since 2018, with analysts warning of a potential bull trap. Bitcoin has recorded its fourth consecutive weekly loss, marking the cryptocurrency’s longest downtrend since June 2024, even as it begins recovering some of last…
Grayscale’s Dogecoin (DOGE) and XRP (XRP) exchange-traded funds (ETFs) have officially been approved for listing on the New York Stock Exchange (NYSE) and are expected to debut later today, marking a major milestone for crypto investment products. NYSE Arca, a subsidiary of the New York Stock Exchange, filed and disclosed two separate certifications with the…
Despite launching the year’s top-performing ETF with $58 million in first-day trading, XRP continues to face pressure, leading many analysts to issue bearish price forecasts. Canary Capital’s XRPC fund slightly outperformed Solana’s BSOL ETF, but XRP itself has dropped 11% over the past week, showing that institutional interest hasn’t yet boosted the token’s price. On…
Few industry leaders have witnessed the full evolution of exchange-traded funds (ETFs) like Hector McNeil, co-founder and co-CEO of HANetf. From helping launch the first gold ETF to leading Europe’s first white-label ETF platform, McNeil has been instrumental in making investment products more accessible to everyday investors. “I began my ETF career at Susquehanna, where…
Solana ETFs Buck Market Trend as Investors Pull from BTC and ETH Last week, crypto-linked ETFs saw over $1.2 billion in outflows amid broader market weakness. Bitcoin ETFs were hit hardest, losing nearly $1 billion, while Ethereum-linked funds fell by $432 million. In contrast, Solana (SOL) ETFs closed the week with positive inflows of $118…
The long-awaited Solana exchange-traded funds (ETFs) have officially debuted in the U.S. market, marking a major milestone for the fast-growing blockchain network. The Bitwise Solana Staking ETF (SOLX), which launched on October 28, became the first Solana-based ETF to be listed in the United States. Since its debut, the fund has attracted strong investor interest,…