Grayscale Files for What Could Be First-Ever U.S. Chainlink ETF
Grayscale has filed with the U.S. Securities and Exchange Commission to convert its existing Chainlink Trust into a spot exchange-traded fund. The proposed ETF — if approved — would trade on NYSE Arca under the ticker GLNK, according to a Monday S-1 registration statement submitted to the regulator. This...
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Bakkt Reboots With Fresh Strategy; Initiate at Buy with $13 Price Target: Benchmark
Bakkt Holdings (BKKT) is trying to reboot after a turbulent few years, Wall Street broker Benchmark said in a Monday report initiating coverage of the stock. Benchmark started coverage of the firm with a buy rating and a $13 price target. The shares climbed 1.3%, trading around $8.63 at...
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Tetra Digital Raises $10M to Create a Regulated Canadian Dollar Stablecoin
Tetra Digital Group, a digital asset custodian based in Alberta, Canada, said on Monday it has raised around $10 million to develop and issue a regulated stablecoin pegged to the Canadian dollar. Backers of the project include Shopify, Wealthsimple, Purpose Unlimited, Shakepay, ATB Financial, National Bank and Urbana Corporation,...
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Wall Street Sees U.S. Entry as Catalyst for Bullish’s Next Leg Up
Crypto platform Bullish (BLSH), the parent company of CoinDesk, received a number of stock ratings from Wall Street analysts on Monday, as brokerage firms initiated coverage of the stock after its recent IPO. Rosenblatt Securities started coverage with a buy rating and a $60 price target, citing shifting U.S....
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Bitcoin, Ethereum ETFs Rebound With $2.48 Billion Net Inflows Week
Digital asset investment products rebounded last week, recording $2.48 billion in inflows, lifting total inflows for August to $4.37 billion and year-to-date inflows to $35.5 billion, according to a CoinShares report on Monday. What Happened: Despite the inflows, total assets under management (AuM) fell 10% from recent peaks to...
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XRP Ledger Update: What The Zero-Knowledge Privacy Launch Means For Ripple Investors
Market commentator Pumpius has broken down what the Zero-Knowledge (ZK) privacy launch could mean for Ripple investors. He described this XRP Ledger (XRPL) update as being massive and one that could boost XRP’s utility as it becomes the backbone of payment rails. What the ZK Privacy Launch On XRP...
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Crypto FEAR RISING: Will Bitcoin & Ethereum See Green Again?
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APT Miner launches new contracts, ushers in opportunities
APT Miner has introduced XRP-focused cloud mining contracts at a time when the token’s price and trading volume signal a potential breakout. #sponsored...
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Bitcoin Represents ‘A Digital Transformation Of Capital Markets’, Says Michael Saylor As Strategy Adds $217M In BTC
Strategy Inc. (NASDAQ:MSTR) on Monday disclosed it had purchased 1,955 Bitcoin (CRYPTO: BTC) for about $217.4 million, according to a Sep. 8 SEC filing, further consolidating its role as the largest corporate Bitcoin holder. The company stated the coins were acquired between Sep. 2 and Sep. 7 at an...
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Digital asset giant CoinShares to go public on Nasdaq in $1.2 billion SPAC deal
CoinShares’ Nasdaq debut could enhance global digital asset market credibility, attracting more institutional investors and fostering industry growth. The post Digital asset giant CoinShares to go public on Nasdaq in $1.2 billion SPAC deal appeared first on Crypto Briefing....
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