Auto Added by WPeMatico

Grayscale’s Hyperliquid Staking ETF Debuts With Lowest US Fee at 0.29%

Grayscale’s Hyperliquid Staking ETF (HYPG) began trading on June 3 with a 0.29% sponsor fee, the lowest among US-listed HYPE products, intensifying a price war among issuers chasing the fast-growing…

Continue ReadingGrayscale’s Hyperliquid Staking ETF Debuts With Lowest US Fee at 0.29%

Bitcoin Falls to $65,710 as Record ETF Outflows and Strategy Sale Rattle Market

Bitcoin fell under $66,000 on June 3, albeit briefly, as record exchange-traded fund outflows and a rare sale by Strategy deepened a selloff that has wiped out billions in leveraged…

Continue ReadingBitcoin Falls to $65,710 as Record ETF Outflows and Strategy Sale Rattle Market

Coinbase Bets on Proshares ETF as Stablecoin Reserve Standards Evolve

Coinbase invested in Proshares’ GENIUS Money Market ETF as stablecoin reserve standards evolve. The fund uses short-term U.S. Treasurys, cash, and cash equivalents, giving issuers another compliance-focused option for backing…

Continue ReadingCoinbase Bets on Proshares ETF as Stablecoin Reserve Standards Evolve

Ripple Unlocks 1 Billion XRP for June as US Spot ETFs Log Record $118 Million in May Inflows

Ripple released 1 billion XRP from escrow at the start of June, the latest in its monthly unlock schedule, even as U.S. spot exchange-traded funds (ETFs) tied to the token…

Continue ReadingRipple Unlocks 1 Billion XRP for June as US Spot ETFs Log Record $118 Million in May Inflows

Sosnick Warns Crypto’s ‘Tourists’ Are Cashing out as Bitcoin ETFs Bleed $1.42 Billion

Interactive Brokers strategist Steve Sosnick says crypto’s recent wobble has exposed a “ crypto tourist” problem where money that chased performance on the way up is now heading for the…

Continue ReadingSosnick Warns Crypto’s ‘Tourists’ Are Cashing out as Bitcoin ETFs Bleed $1.42 Billion