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Grayscale Investments says it’s adding staking Features to several of its cryptocurrency exchange-traded funds (ETFs), marking the first time US-listed spot crypto exchange-traded products (ETPs) will offer staking rewards. The firm says its Grayscale Ethereum Trust ETF (ETHE) and the Grayscale Ethereum Mini Trust ETF (ETH) will both now allow staking. The company also activated staking for the Grayscale Solana Trust (GSOL). Grayscale said it plans to seek regulatory approval to uplist the Solana fund as an exchange-traded product, which would make it one of the first Solana spot ETPs to include staking. Says Peter Mintzberg, Grayscale CEO, “Staking in our spot Ethereum and Solana funds is exactly the kind of first mover innovation Grayscale was built to deliver. As the #1 digital asset-focused ETF issuer in the world by AUM, we believe our trusted and scaled platform uniquely positions us to turn new opportunities like staking into tangible value potenti...

JPMorgan analysts warn that the crypto industry faces a potential downspell amid lower demand for top assets like Bitcoin and Ethereum. The leading cryptocurrency by market cap, BTC, is down over 6% in the past month. For ETH, the coin is down by nearly 18%. Despite the bullish market sentiment, not many cryptocurrencies have excelled on 2024 levels in 2025 thus far. Thus, JPMorgan fears that the 2025 crypto boom may not hit as hard as projected. The total crypto market cap has declined by 15% from its record high of $3.72 trillion on Dec. 17 to around $3.17 trillion, marking a significant correction. JPMorgan analysts, led by managing director Nikolaos Panigirtzoglou, say a lack of positive catalysts and fading momentum drive lower demand for crypto futures. Specifically, CME bitcoin and ether futures are nearing “backwardation”: where futures prices fall below spot prices, mirroring last June and July, the analysts wrote. “This is a negative development and indicativ...

The XRP price dropped 3% in the last 24 hours to trade at $2.37 as of 11:20 p.m. EST on trading. The Ripple token fell even after Cboe BZX Exchange filed 19b-4s on behalf of Bitwise, 21Shares, WisdomTree, and Canary Capital to list and trade spot XRP ETFs (exchange-traded funds). 🚨BREAKING : WisdomTree, Bitwise & 21Shares JUST filed $XRP ETFs with CBOE. pic.twitter.com/7EfxwaieT8 — Armando Pantoja (@_TallGuyTycoon) February 7, 2025 The 19b-4 filing always comes as the second part of a two-step process for proposing a crypto ETF to the US Securities and Exchange Commission (SEC). XRP Price Aiming For A Rebound The XRP price chart exhibits a well-defined Elliott Wave pattern, currently in its fourth wave correction. A potential fifth wave (Wave 5) is projected to follow, targeting new highs. The Ripple token price is currently testing support levels, with a possible reversal in sight. The 50-day Simple Moving Average (SMA) at $2.62 is currently acting as dynami...

The cryptocurrency market is gaining attention as recent developments suggest potential growth. A mix of political changes, such as the swearing-in of Donald Trump to office and financial advancements, like the rise of cryptocurrency-focused exchange-traded funds (ETFs), has sparked interest.  Investors are paying close attention to assets like XRP, SOL, and LTC. At the same time, the approval of ETFs reflects a growing recognition of cryptocurrencies as financial assets. These changes might encourage adoption while addressing concerns about legitimacy and security. This article analyzes the top cryptocurrencies to buy now . Top Cryptocurrencies to Buy Now  Litecoin recently broke through significant resistance levels, climbing to $118.35, drawing increased interest from traders and investors. Similarly, XRP has reached a notable milestone, hitting its highest price in seven years. The token’s value surpassed $3, signaling a potential upward trend and boosting market...

An Ethereum trader whose historic earnings hit the crypto community after turning a $752 investment in Pepe (PEPE) into $22 million is targeting a new cryptocurrency again. This time, the Ethereum trader is not targeting a meme coin like Pepe (PEPE); instead, he is buying the ETFSwap (ETFS) utility token, selling at a low entry price of $0.05769 .  ETFSwap (ETFS) Attracts Millionaire Renowned Ethereum Trader  The Ethereum trader known for his massive $22 million gain after investing $752 in Pepe (PEPE) has spotted the potential of ETFSwap (ETFS) and is buying its native token selling for a low entry price of $0.05769. The ETFS utility token is the native currency of the ETFSwap (ETFS) DeFi trading platform. The performance of the ETFSwap (ETFS) DeFi platform in its Tesnet phase has shown the crypto community its immense capabilities and financial opportunities. The ETFSwap (ETFS) DeFi platform is set to bridge traditional finance with the crypto world when it officiall...

With XRP price movements testing critical levels after years of consolidation, there is already a shift in focus towards emerging altcoins such as ETFSwap (ETFS) . As a new altcoin in the decentralised finance space, ETFSwap (ETFS) is positioning itself as a strong alternative to XRP in the growing ETF landscape. XRP Price Prediction: Local Bottom Forms Amid Market Uncertainty For years, the XRP price has encountered resistance around $0.55, with support levels lingering between $0.51 and $0.52. After experiencing a downturn since its all-time high in 2018, XRP price has formed what appears to be a “local bottom” that has garnered attention. Technical indicators, including the potential for a “double bottom” pattern, suggest a possible reversal, although signs of recovery are still limited.  The relative strength index (RSI) remains near neutral, and some moving averages indicate stabilisation if the XRP price can maintain its floor above $0.50. How...

$9 trillion asset management company BlackRock says that Bitcoin is a hedge against global disorder and geopolitical uncertainty. In a statement, the company called Bitcoin a global monetary alternative. According to BlackRock, the asset “could serve as a hedge against increasing global disorder and declining trust in governments, banks, and fiat currencies.” JUST IN: BlackRock says #Bitcoin could be a "hedge against increasing global disorder and declining trust in governments, banks, and fiat currencies." — Watcher.Guru (@WatcherGuru) September 12, 2024 BlackRock’s Bitcoin ETF has been one of the top ETFs for the coin since January 2024. Following the launch of the funds, Bitcoin exploded in price, reaching a new all-time high of $73,000 in March 2024. Crypto-based ETFs have dominated the conversation within the finance sector, led by Bitcoin and newly released Ethereum ETFs. BlackRock’s Jay Jacobs Shared Company’s Support for Bitcoin in the Past Bl...