The next major phase for exchange-traded funds is expected to start in 2025. SOL and XRP are expected to be the next cryptocurrencies in line, according to Jeffrey Kendrick, head of research at Standard Chartered.
The South Korean government faces increasing pressure to approve cryptocurrency ETFs after the SEC approved spot Ethereum ETFs in the United States, following the earlier approval of Bitcoin ETFs.
Binance.US successfully appealed the suspension of its money-services business license in Florida.
In the first quarter of this year, venture capital investors invested $2.4 billion in blockchain startups, according to a study by Pitchbook cited by Reuters.
The presumptive Republican nominee for the 2020 presidential election, Donald Trump, has stated that his campaign will now be accepting donations in the form of various cryptocurrencies.
There was a noteworthy increase in investments in crypto-based products during the past week, marking two consecutive weeks of positive inflows since the recent market downturn.
Michael Sonnenshein, CEO of crypto asset manager Grayscale Investments, has resigned from his position to pursue other interests.
