Grayscale and CoinShares Submit ETF Proposals for XRP, Litecoin, and Solana
Grayscale and CoinShares are making big moves! They've filed for ETFs that will track popular cryptocurrencies like XRP, Litecoin, and Solana.
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Grayscale and CoinShares are making big moves! They've filed for ETFs that will track popular cryptocurrencies like XRP, Litecoin, and Solana.
A wave of excitement is building in the cryptocurrency industry as giant asset managers are doubling down on their pursuit of altcoin-focused exchange-traded funds (ETFs). Big players like Grayscale and CoinShares are pushing for ETFs focused on Litecoin, XRP, and Solana.
Grayscale, one of the largest crypto asset management firms, just filed with the SEC to create a Litecoin and Solana ETF. It also filed for other crypto-related ETF products.
In a notable change in the crypto regulatory environment, asset managers are regaining confidence in their pursuit of ETFs. Significantly, CoinShares submitted applications for a spot XRP ETF and a Litecoin (LTC) fund, indicating an increasing enthusiasm for altcoin investment offerings.
Grayscale and CoinShares file for Litecoin, Solana, and XRP ETFs as the SEC under Trump establishes a pro-crypto regulatory framework. The post Grayscale and CoinShares target new crypto ETFs including Litecoin, Solana, and XRP appeared first on Crypto Briefing.
Grayscale Investments has filed for a Solana ETF with the New York Stock Exchange (NYSE), reflecting a growing wave of pro-crypto regulations under President Donald Trump. Proposed Solana ETF By Grayscale According to the NYSE's official posting of the 19b-4 Form, the proposed Trust is the largest Solana investment fund globally, boasting approximately $134.
A flurry of spot crypto exchange-traded fund files flooded in on Friday looking to track Litecoin and XRP.
Asset managers Grayscale and Coinshares have both filed with the US Securities and Exchange Commission (SEC) to offer a Litecoin ETF. This makes them the second and third fund managers to do so after Canary Capital.
Having reclaimed the psychological price of $100,000, Bitcoin has got the crypto community talking about its inclination toward smashing its present all-time high (ATH) of $109,114.
Litecoin price remains in a tight range this week as crypto investors position themselves for the new Trump era. While the LTC has a key catalyst in the potential ETF approval, there is a risk in that whales are dumping the token.
Litecoin (LTC) has experienced a notable rebound, surging by 13% in just 24 hours after a significant 20% correction. This rapid recovery, which has reignited bullish sentiment, comes after the altcoin faced a short-term pullback, losing some of its previous gains.
Bitcoin (BTC) and the broader cryptocurrency market pulled back from their January 20 highs as the initial wave of optimism following President Donald Trump's inauguration began to fade.
Despite the growing pressure over Bitcoin, Litecoin sustains key support levels. Will this underlying support propel LTC price to the $208 mark?
itecoin's 13% price surge, accompanied by increased whale activity and ETF speculation, occurs amid technical pattern formation and mixed market signals.
Litecoin rebounds by 13%, fueled by whale activity and addresses in profits.
Litecoin (LTC) miners have recently intensified their selling activity, responding to market volatility and adjusting their positions. Despite this increased selling pressure, on-chain data reveals a complex story, showing steady accumulation trends and suggesting that broader market sentiment might still be favorable for the cryptocurrency.
Litecoin's supply data highlighted strategic miner sell-offs amid positive accumulation trends.
The cryptocurrency market has seen renewed activity in the third week of January 2025, as global market capitalization increased by 2%. This uptick in market momentum has significant interest from large investors, commonly known as crypto whales, who have been accumulating select altcoins.
The market is mostly bearish on the last day of the week, according to CoinMarketCap.
Litecoin (LTC) has experienced an impressive 12% surge in price over the past 24 hours, making headlines in the cryptocurrency space. This rapid increase in value has been driven by the growing rumors surrounding the potential approval of a Litecoin exchange-traded fund (ETF).
A Bloomberg analyst predicted that a Litecoin exchange-traded fund might be the next crypto ETF to win approval from the SEC.
Litecoin (LTC) saw an impressive 21% surge, reaching a four-week high of $137.34, fueled by optimism surrounding the potential approval of a U.S.-listed spot exchange-traded fund (ETF) that directly tracks LTC's price. This price boost follows news of significant support for Litecoin from whales and sharks, who have collectively purchased around 250,000 LTC, valued at approximately $29 million, since early January.
The ongoing hype surrounding approvals for a Litecoin exchange-traded fund (ETF) has triggered an unusual boost for LTC. IntoTheBlock data shows approximately 80% of addresses in the Litecoin network are profitable, demonstrating the bullish momentum.
Crypto investors could be forgiven for thinking this week took place in 2024. That was a year full of rallies for all manner of coins and tokens, after all.