Bitwise Buys Another 77,097 HYPE Worth $5.18 Million as ETF Buyback Strategy Ramps Up
Asset manager Bitwise scooped up another 77,097 HYPE worth about $5.18 million through prime broker FalconX, adding to a steady accumulation of Hyperliquid’s native token. Bitwise Keeps Stacking HYPE Bitwise bought 77,097 HYPE, valued at roughly $5.18…
Strategy’s Leveraged Bitcoin Model Is Under Strain, Researchers Warn
Grayscale’s head of research says Strategy’s leveraged business model has come under pressure, and that pressure could make it harder for the company to keep adding Bitcoin to its holdings. A Dividend Problem Taking Shape Zach Pandl made the…
Grayscale, VanEck File Amendments For BNB ETF – Next Altcoin Launch?
Recent filings with the SEC suggest the Binance Coin (BNB) may be the next altcoin to get a spot ETF in the US. In particular, asset management firms VanEck and Grayscale have repeatedly amended their S-1 registration forms, reflecting regulatory…
BlackRock’s Ethereum ETF Reaches $3 Billion in Inflows
In a remarkable milestone for the cryptocurrency market, BlackRock’s Ethereum ETF has reached $3 billion in inflows. This achievement underscores the growing institutional interest in Ethereum and its potential as a leading digital asset.The…
Grayscale Introduces Trusts for Optimism and Lido DAO
Grayscale Investments has announced the launch of two new investment vehicles. They are the Grayscale Lido DAO Trust and the Grayscale Optimism Trust. These trusts are designed to give investors with exposure to the governance tokens of Lido DAO (LDO)…
Ethereum Rises Above $3,500 Ahead of US Spot ETF Trading
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has surged past the $3,500 mark, driven by the anticipation of the launch of several spot Ethereum exchange-traded funds (ETFs) in the United States. Ethereum’s price…