Asset Manager Bitwise Files Application to Launch an XRP ETF
Crypto asset manager Bitwise has announced its plans to create an exchange-traded fund tracking XRP.
Crypto asset manager Bitwise has announced its plans to create an exchange-traded fund tracking XRP.
The Financial Supervisory Commission (FSC) of Taiwan has announced a change in their policy, allowing institutional investors to invest in foreign crypto exchange-traded funds (ETFs) through a re-entrustment process.
The total assets of exchange-traded funds (ETFs) in the United States surpassed $10 trillion for the first time on Friday.
On Monday, US spot Ethereum exchange-traded funds saw a net outflow of $79.21 million, the largest daily outflow since July 29.
Last week, crypto products had $321 million in inflows, with the exception of Ethereum (ETH) funds which saw negative net flows of $28.5 million.
According to Andrew Vranjes, Head of International and VP at Blockdaemon, regulators in Hong Kong are expected to approve the inclusion of staking features in spot Ethereum exchange-traded funds (ETFs) this year.
There was a significant increase in net inflows for the 12 spot Bitcoin ETFs on September 17.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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