WisdomTree, the New York-based asset manager handling over $113 billion in assets, has filed an application to establish an XRP exchange-traded fund (ETF) in Delaware, United States. The proposed fund, named the WisdomTree XRP Fund, claims to give investors regulated exposure to XRP, the sixth-largest crypto by market capitalization.
Asset manager WisdomTree has filed for a trust entity in Delaware, a preliminary step toward launching an exchange-traded fund (ETF) focused on XRP. If approved, the ETF would track XRP's price, expanding institutional investors' access to digital assets.
Bitcoin's failure to cross above $100,000 could extend the current price pullback. The real question is whether or not bulls will buy the dip.
TL;DR WisdomTree, with $113 billion in assets under management, is moving forward with the launch of an XRP-based ETF. The firm has filed with Delaware regulatory authorities to create a trust that will serve as the foundation for the ETF, which aims to track the price of XRP.
After consolidating for nearly five days, Bitcoin (BTC), the world's largest cryptocurrency by market cap, appears to be flashing a warning signal. This negative signal from BTC has shifted overall market sentiment.
Global crypto investment funds witness massive weekly inflows, fueled by Bitcoin's recent rally toward the $100K level.
Pump.fun, a decentralized platform for creating Solana (CRYPTO: SOL)-based meme coins, has come under intense scrutiny after reports of harmful and violent behavior surfaced on its livestream feature. What Happened: The platform, which has gained popularity in the crypto space, is now facing backlash from the community, with many calling for the livestream function to be disabled altogether until proper moderation tools are in place.
Pump.fun, a decentralized platform for creating Solana (CRYPTO: SOL)-based meme coins, has come under intense scrutiny after reports of harmful and violent behavior surfaced on its livestream feature. What Happened: The platform, which has gained popularity in the crypto space, is now facing backlash from the community, with many calling for the livestream function to be disabled altogether until proper moderation tools are in place.
MicroStrategy, spearheaded by Michael Saylor, disclosed a $5.4B Bitcoin purchase, adding 55,000 BTC to its holdings. With a total of 386,700 BTC now acquired for $21.9B, the company remains one of the largest corporate investors in cryptocurrency. SEC filings reveal strategic funding via convertible notes. The post Michael Saylor's MicroStrategy Buys 55,000 More Bitcoin appeared first on Cryptonews.
Bitcoin ETFs are still super hot, with investors chucking record amounts of cash at the vehicles last week, according to CoinShares.
WisdomTree, a global asset manager overseeing around $113 billion in assets, has initiated the process for launching an XRP ETF.
Solana dominated altcoin inflows with $16 million last week, significantly surpassing Ethereum's $2.8 million.
Bitcoin's (BTC) recent rally faces a potential setback, with an analyst warning of a significant correction unless the cryptocurrency surpasses the critical $100,000 resistance level. TD Sequential Signals Correction On Nov.
Steve Weiss, Founder and Managing Partner of Short Hills Capital Partners joins CNBC's “Halftime Report” to explain why he's buying more Bitcoin. The Investment Committee discuss crypto.
Archax will provide access to a money market fund from UK asset manager abrdn in tokenized form on the XRP Ledger.
Bitcoin rally stalls as few altcoins lead the day's gains.
New York-based asset management firm WisdomTree has officially filed for registration to launch an XRP ETF (Exchange-Traded Fund) in Delaware.
Spot Bitcoin exchange-traded funds (ETFs) in the United States are on track to reach a significant milestone: surpassing the estimated Bitcoin holdings of Bitcoin's mysterious creator, Satoshi Nakamoto. With Bitcoin continuing its strong price performance in 2024 and growing institutional interest, these ETFs are quickly becoming some of the largest Bitcoin holders in the world.
In a latest tweet, Raoul Pal, the founder and CEO of Real Vision, has underscored Dogecoin's gains since launch and has made a prediction about DOGE, comparing it to the performance of Bitcoin. He has noted the incredible performance of DOGE which even outperformed Bitcoin in terms of percentage gains since its launch.
Asset manager WisdomTree overseeing $113 billion in assets, has filed to establish a trust entity in Delaware as a preliminary step toward launching an XRP (CRYPTO: XRP) exchange-traded fund (ETF). What Happened: If successful, the ETF would track the price of XRP, the sixth-largest cryptocurrency by market capitalization, and join a growing list of applications for crypto ETFs, which are reshaping institutional access to digital assets.
Sui integrates Bitcoin for liquid staking with Babylon and Lombard, tapping into BTC's $1.8T market. The post Sui taps Bitcoin's $1.8 trillion market with liquid staking integration appeared first on Crypto Briefing.
Appearing to follow in the footsteps of Bitwise and Canary Capital, WisdomTree filed to register and XRP ETF entity.
A pseudonymous crypto investor shared their success story of using a dollar-cost averaging strategy to buy $30 of BItcoin (CRYPTO: BTC) a day over seven years and hitting a portfolio size of $1 million in the process. What Happened: The investor, who began their Bitcoin buying strategy at the age of 22, has diligently purchased $30 worth of Bitcoin every twelve hours for nearly eight years.
Since November 21, Bitcoin (BTC) has hovered near the $100,000 mark but hasn't hit it, with BeInCrypto attributing this to increased realized profits.
The Ethereum Foundation has initiated its first-ever “Attackathon,” a community-driven challenge offering $1.5 million in prizes to identify flaws in the Ethereum protocol. Ethereum Hosts Attackathon According to the announcement from the foundation's Protocol Security Research Team and the Ecosystem Funding Initiative, the Attackathon event will take place from Nov. 25, 2024, to Jan.
TL;DR Ripple launches the first tokenized fund on the XRP Ledger (XRPL), based on abrdn's US Dollar Liquidity Fund, managing $3.8 billion. The collaboration with Archax and abrdn marks a significant step in real-world asset (RWA) tokenization and the adoption of blockchain in institutional finance.
A CNBC report states, bitcoin, the world's largest cryptocurrency, has struggled to breach the $100,000 mark, even after a robust rally that pushed its value to an all-time high of $99,000 last week. The rally, sparked by Donald Trump's re-election as US president on November 5, saw Bitcoin surge over 40%.
Starting in December, Bitcoin holders will be able to stake BTC on Babylon, a Bitcoin layer-2, from the Sui network.
XRP whale activity is signaling possible sustainable bullish momentum for the asset, which has broken out after prolonged price consolidation.
On Monday, it was announced that asset manager WisdomTree has entered the race for a spot XRP ETF. The move comes at a pivotal time, marked by expected leadership changes at the US Securities and Exchange Commission (SEC) and the recent election of Donald Trump.
The XRP price has witnessed significant gains today, providing a bullish outlook for the crypto even as the broader crypto market witnesses a retracement led by Bitcoin. With XRP looking so bullish, crypto analyst Dark Defender has predicted that the crypto could reach $5 by December.
The odds of Bitcoin, the largest cryptocurrency, reaching $100,000 this November have plunged to 42% on popular crypto-powered betting platform Polymarket.
Bitcoin (BTC-USD) pulls back from its election-fueled rally that was originally pushing it closer and closer to $100,000. Digital Assets Council of Financial Professionals president Don Friedman joins Seana Smith and Madison Mills on Catalysts to discuss the move and what it is signaling about the cryptocurrency market's reception to a second Trump administration.
There have been new developments in the story of James Howells, the IT engineer who misplaced the hard drive that held 8,000 Bitcoin. His ex-partner, Halfina Eddy-Evans, has stated that she threw away the hard drive at Howells' request. The post Ex-Partner Says James Howells Requested $716M BTC Wallet Be Discarded appeared first on Cryptonews.
Bitcoin and Ethereum are about to face a huge event. On November 29, a whopping $9.4 billion in Bitcoin options and $1.3 billion in Ethereum options are set to expire. This could lead to major swings in the crypto market, especially after the U.S. Thanksgiving holiday.
Bitcoin's largest corporate holder, MicroStrategy, has increased its total BTC holdings to 386,700, according to executive chairman Michael Saylor.
Semler Scientific acquired an additional 297 BTC, bringing its total to 1,570 BTC, valued at approximately $29.1 million.
WisdomTree's move into XRP ETFs signals growing diversification in crypto investment products, potentially broadening market participation. The post WisdomTree files for XRP ETF via Delaware trust appeared first on Crypto Briefing.
Robinhood has thrown its crypto caution out the window following Donald Trump's victory earlier this month, adding yet another meme coin.
MicroStrategy's thirst for Bitcoin cannot be quenched. The business intelligence company founded by Michael Saylor has stunned the crypto community today with an enormous Bitcoin purchase.
Bitcoin's perpetual futures funding rate represents the cost traders incur to maintain long or short positions in the perpetual swaps market, with fees shifting between buyers and sellers based on market conditions. Positive funding rates suggest that long positions dominate, reflecting bullish sentiment, while negative rates indicate bearish sentiment as short positions dominate.
New York-headquartered asset management firm, WisdomTree has filed a registration statement for XRP ETF in Delaware. With this preliminary move, the firm is likely days away from officially filing for the product with the US Securities and Exchange Commission (SEC).
MicroStrategy is now sitting on 55,000 more Bitcoin after spending an additional $5.4 billion on the cryptocurrency. With the purchase, the company's Bitcoin reserves total 386,700 BTC.
Renowned trader and market analyst Peter Brandt, long known for his critical stance on XRP, has stunned the crypto community with a surprisingly bullish forecast for the Ripple-affiliated token.
Bitcoin approaches the $100,000 milestone, driven by stablecoin inflows and strong on-chain metrics signaling bullish momentum.
Over $116 billion worth of decentralized exchange (dex) trades have been placed on the Solana network in November. Record Volume for Solana DEXs As of Nov. 25, Solana's monthly trade volume on decentralized exchanges (dexs) surpassed $100 billion for the first time. The network's dex trade volume so far in November has reached $116.
The XRP Ledger network is experiencing a phase of strong expansion, demonstrating a growing interest from users and companies in the blockchain sector. Recent data shows that, since October 2024, the active nodes on the network have increased by 46%, bringing the total to 828 nodes.