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altcoinbuzz.io Li Lin Leads $1 Billion ETH Trust With Asia’s Ethereum Pioneers

Among his partners are Shen Bo, co-founder of Fenbushi Capital; Xiao Feng, CEO of HashKey Group; and Cai Wensheng, founder of Meitu. The group is reportedly in discussions to acquire a Nasdaq-listed shell company. It would provide a regulated vehicle for holding and managing the ETH treasury. A New Institutional Bet on Ethereum This proposed trust […] The post Li Lin Leads $1 Billion ETH Trust With Asia’s Ethereum Pioneers appeared first on Altcoin Buzz.

blockonomi.com Grayscale Set to Launch XRP Spot ETF as Canary ETF Gains Momentum

TLDR Grayscale is converting its XRP Trust into a public XRP Spot ETF, offering broader market access. The Grayscale XRP Trust is currently a private investment vehicle for accredited investors, tracking XRP’s price The newly formed GXRP ETF will provide direct exposure to XRP for retail and institutional investors. The Canary XRP ETF has shown [...] The post Grayscale Set to Launch XRP Spot ETF as Canary ETF Gains Momentum appeared first on Blockonomi.

ambcrypto.com Stocks hold firm as crypto sells off—Why the two markets have suddenly diverged

Key Takeaways How did stocks perform compared to crypto this week? The S&P 500 and Nasdaq maintained their uptrend with controlled pullbacks, while the crypto market crashed to $3.01 trillion. The post Stocks hold firm as crypto sells off—Why the two markets have suddenly diverged appeared first on AMBCrypto.

bitcoinist.com What’s Going On With Saylor’s Bitcoin Strategy, And Is A Collapse Coming?

Michael Saylor’s Bitcoin strategy has been in focus since the recent BTC crash. There have been speculations of what could happen to Saylor’s company, Strategy (MSTR), and its BTC holdings if the flagship crypto continues to crash.  Schiff Predicts Bankruptcy For Saylor’s Strategy Amid Bitcoin Crash In an X post, renowned economist Peter Schiff stated […]