Avenir Group Solidifies Position as Asia’s Largest Bitcoin ETF Holder with $599 Million Stake
Hong Kong, Hong Kong, 20th February 2025, Chainwire
Hong Kong, Hong Kong, 20th February 2025, Chainwire
Brazil is set to introduce what might be the world’s first spot XRP exchange-traded fund (ETF) following the approval of Hashdex’s XRP fund by the country’s regulator.
The US Securities and Exchange Commission (SEC) has formally accepted NYSE Arca’s application to list and trade shares of the Grayscale XRP Trust and Grayscale Dogecoin Trust.
Franklin Templeton has made a strategic move by registering the “Franklin Solana Trust” in Delaware, signaling potential plans to launch a Solana-focused ETF.
The likelihood of a spot Solana ETF is increasing as the SEC has recognized multiple filings from asset managers for these products.
On Monday, crypto investment firm Grayscale announced that it has filed to list an exchange traded fund for Cardano on the New York Stock Exchange.
There is an increasing likelihood of altcoin exchange-traded funds (ETFs) being approved in the US.

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