21Shares

Solana's (CRYPTO: SOL) rapid rise as a high-performance blockchain is tempered by growing competition and network vulnerabilities, according to a new 21Shares report. What Happened: The analysis highlights challenges like rival Layer 1 and Layer 2 networks, limited decentralization and reliance on...

The U.S. labor market’s resilience in August has ignited optimism in the cryptocurrency sector, with industry analysts predicting a potential upswing for Bitcoin (CRYPTO: BTC) and other digital assets. According to the government jobs report released Friday, the U.S. economy added 142,000...

Solana (CRYPTO: SOL) is on the ascendancy amid fresh applications for the first-ever exchange-traded funds tracking the coin's spot price in the U.S. What Happened: The fifth-largest digital asset by market cap spiked 6.4% in the last 24 hours, exceeding the gains of Bitcoin (CRYPTO: BTC) and...

21Shares has announced its application for a Solana (CRYPTO: SOL) spot ETF, following closely on the heels of VanEck’s similar filing. What Happened: This development marks another significant step in the ongoing efforts to bring cryptocurrency-based investment products to mainstream...

Cathie Wood’s Ark Investment Management has withdrawn from the race to launch an ETF directly investing in Ether (CRYPTO: ETH). What Happened: The firm's name was removed from an application for a spot-Ether ETF filed in collaboration with 21Shares. According to a report by Bloomberg...

BlackRock‘s iShares Bitcoin Trust (NASDAQ:IBIT) has seen its record-breaking streak of inflows come to an end on Wednesday. What Happened: According to data from SoSoValue, IBIT recorded no net inflows for the day, snapping a 71-day stretch of continuous investment. On Wednesday, spot...

Bitcoin (CRYPTO: BTC) spot exchange-traded funds (ETFs) on Tuesday experienced mixed net inflows, with the overall net inflow sitting at $39.47 million. What Happened: According to data from SoSoValue, individual funds saw significant variations. Grayscale Bitcoin Trust (OTC:GBTC) continued to...

In a calculated move to draw in more investors, Invesco and Galaxy Asset Management have slashed the fee of their joint Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs). What Happened: The issuers have trimmed down the fee of their spot Bitcoin ETF from 0.39% to 0.25%. This aligns the sponsor fee...

Coinbase Global Inc. (NASDAQ: COIN) is shaking up its custody division. Aaron Schnarch, who served as the CEO of Coinbase Custody, has left the company, Bloomberg reported. Rick Schonberg has taken over the role, bringing experience from his previous positions at Goldman Sachs (NYSE: GS), State...

Signs that the U.S. Securities and Exchange Commission (SEC) will approve a Spot Bitcoin exchange-traded fund (ETF) in January are "very encouraging." That's according to Ark Invest CEO Cathie Wood, who is collaborating with 21Shares on two futures ETF products centered on Ethereum...

Scott Johnsson, a general partner at Van Buren Capital, is hyping up the "official" date range for when regulators will approve Spot Bitcoin Exchange-Traded Funds (ETFs). What Happened: Johnsson, citing a letter from Sherry Haywood of the U.S. Securities and Exchange Commission, expects...

Cathie Wood’s investment management firm, Ark Invest, has joined hands with exchange-traded product provider, 21Shares to launch a new range of digital asset ETFs. This partnership will lead to various options for investors who seek to include digital assets in their trading portfolio....

Ark Invest, in collaboration with 21shares, submitted a proposal to the Securities and Exchange Commission (SEC) for an Ethereum (CRYPTO: ETH)-based ETF, according to a filing on Sept. 6. The proposed ETF, named ARK 21Shares Ethereum ETF, aims to offer investors direct access to Ethereum...

The Securities and Exchange Commission has once more postponed its verdict on the approval of all the nation's inaugural Bitcoin (CRYPTO: BTC) focused exchange-traded fund until October. The move leaves industry proponents perplexed, especially in light of a recent court judgment that...

ARK Invest, led by Cathie Wood, in collaboration with 21Shares, has submitted applications for two futures exchange-traded fund (ETF) products centered on Ether (CRYPTO: ETH) and Bitcoin (CRYPTO: BTC). This move places them among a growing number of firms eager to introduce similar offerings....