Financial Insights That Matter NYSE Arca has filed an application with the SEC seeking to convert Grayscale’s XRP Trust into an exchange-traded fund. If approved, Coinbase Custody Trust Company, LLC will serve as the custodian. At the same time, BNY Mellon Asset Servicing will act as the fund’s transfer agent, according to a 19b-4 filing submitted […]
Financial Insights That Matter XRP shows signs of an uptick as asset managers could send a flurry of XRP ETF filings to the SEC next week. The NYSE Arca submitted a 19b-4 for the conversion of Grayscale’s XRP Trust to a spot ETF. XRP continues consolidation within a bullish pennant amid a potential 27% rally. […]
Financial Insights That Matter Crypto asset management giant Bitwise is hoping to launch a spot exchange-traded fund (ETF) for Dogecoin (DOGE). Bitwise has filed an application with the U.S. Securities and Exchange Commission (SEC) to launch the top memecoin ETF. In a new interview with the Financial Times, Bitwise’s chief investment officer Matt Hougan says […]
Financial Insights That Matter Crypto asset management firm Grayscale is launching a new Bitcoin (BTC) mining exchange-traded fund (ETF). According to a new press release, Grayscale announced the launch of the Grayscale Bitcoin Miners ETF (MNRS), a fund that invests in a proprietary BTC index designed to measure the performance of firms that obtain most […]
Financial Insights That Matter Key Takeaways Grayscale has submitted a filing to list an XRP ETF on the NYSE Arca, aiming to convert its existing XRP Trust into a tradable fund. The move follows other XRP ETF applications from asset managers like CoinShares and Bitwise. Share this article Grayscale has filed an application with the […]
Financial Insights That Matter This article was written by Follow Michael A. Gayed is portfolio manager, and author of five award-winning research papers on market anomalies and investing. He has a BS with a double major in Finance & Management from NYU Stern School of Business, and is a CFA Charterholder. Michael runs the investing […]
Financial Insights That Matter The Securities and Exchange Commission has acknowledged Canary Capital’s Litecoin ETF proposal, opening public feedback as it inches closer to a possible reality for a U.S. listing. “This is the first altcoin ETF filing to get acknowledged,” Bloomberg Senior ETF analyst Eric Balchunas said on X, noting that the proposal has […]
Financial Insights That Matter This article was written by Follow Fred Piard, PhD. is a quantitative analyst and IT professional with over 30 years of experience working in technology. He is the author of three books and has been investing in data-driven systematic strategies since 2010. Fred runs the investing group Quantitative Risk & Value […]
Financial Insights That Matter Solana doubled its stablecoin supply over the month of January, fueled by memecoin activity and … [+] speculation on the timing of a Solana ETF. © 2024 Bloomberg Finance LP January made for an auspicious start to 2025 for cryptocurrency investors around the world. None more so than for those with […]
Financial Insights That Matter Beyond paying brokerage commissions/spreads for currency conversions, you’re also getting fewer U.S. dollars for every Canadian dollar you exchange. Fortunately, exchange-traded funds (ETFs) offer several ways to hedge against this weakening Canadian dollar. Here’s a look at some options to consider. Unhedged U.S. equity ETFs The first option, which you’re likely […]