Ripple is moving deeper into Wall Street’s leveraged ETF business, with its prime brokerage arm providing swap financing to funds that use derivatives to amplify bets on stocks and indexes. A recent Wall Street Journal report shows how the crypto company is entering a fee-heavy part of traditional finance where banks have long dominated, while […]
Grayscale’s Zcash fund began trading on NYSE Arca as the Zcash ETF (ZCSH) this Tuesday, August 25, billed by the firm as the first exchange-traded product in the world to offer spot exposure to Zcash (ZEC) and carrying a sponsor’s fee of 2.5% a year. ZCSH’s predecessor launched as a private placement in October 2017, […]