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Dogecoin (DOGE) Goes Institutional: REX Shares’ ETF Likely to Launch Very Soon

ETF issuer REX Shares has announced the upcoming launch of the REX-Osprey DOGE exchange-traded fund (ETF). Set to be the first-ever exchange-traded fund offering direct exposure to Dogecoin (DOGE), the move opens the door for both retail and institutional investors to gain access to the performance of the popular meme coin through traditional markets. DOGE’s […]

Equity Index Coming to Coinbase, Will Feature Mag 7 and Crypto ETFs

The publicly traded company on the NASDAQ, also featured on the S&P 500, has unveiled a novel product offering exposure to already established stocks and ETFs. Featuring the Magnificent 7, BlackRock funds, and its own stock, this is an addition to the platform’s already rich derivatives portfolio. TradFi And DeFi Convergence Coinbase, one of the […]

XRP ETF Inflows Will Surprise Many Once Approved, Predicts Former US Senate Candidate

John E. Deaton, a cryptocurrency-focused lawyer who ran against Elizabeth Warren for a Senate seat in Massachusetts, believes XRP ETFs will attract substantial inflows once these products are greenlighted by the US Securities and Exchange Commission. The number of active applications continues to grow, with the most recent one aiming to launch a Monthly Option […]

Are Ripple XRP ETFs Inevitable After These Positive Updates?

TL;DR Following the recent delays by the US Securities and Exchange Commission, several filings for Ripple ETFs have been updated by the companies behind them. The asset’s price has also staged a remarkable recovery following the recent local bottom, especially after yesterday’s update on the legal case against the securities regulator. ETF Updates Recall that […]

SEC Finally Approves In-kind Creations and Redemptions for Spot Crypto ETFs

On Tuesday, the SEC approved orders to permit in-kind creations and redemptions by authorized participants for crypto asset ETFs. The orders approved “reflect a departure from recently approved spot Bitcoin and Ether ETPs, which were limited to creations and redemptions on an in-cash basis,” the Commission stated. With today’s approval orders, crypto ETFs will be […]

SSK Makes Strong Debut as First US Solana Staking ETF, Logs $33M Volume

The first US Solana staking ETF has wrapped up its opening session with significant momentum. The new fund attracted $12 million in inflows and closed the day with $33 million in trading volume, according to Bloomberg ETF analyst Eric Balchunas. SSK Outperforms Solana, XRP Futures Volume Trading under the ticker SSK on the Cboe BZX […]

The US is About to Get its First Solana Staking ETF This Week

The REX-Osprey Solana Staking ETF will be launched on July 2 under the ticker SSK as the first US ETF allowing investors to earn rewards by staking Solana tokens to validate blockchain transactions. The new yield-chasing crypto fund tracking Solana has been cleared for debut, according to Bloomberg, citing a person familiar with the matter. […]