Month: September 2025

Rex-Osprey’s XRP ETF Beats IVES In Biggest 2025 ETF Launch

Rex-Osprey’s new XRP exchange-traded fund finished its debut session with $37.7 million in trading volume, edging out Wedbush’s Dan Ives AI fund (ticker: IVES) for the largest “natural” day-one dollar volume of any 2025 ETF launch, according to Bloomberg Intelligence’s Eric Balchunas. He added that the firm’s Dogecoin product...
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Michigan’s Stalled Bitcoin Reserve Bill Advances After 7 Months

After seven months of inactivity, Michigan’s Bitcoin Reserve Bill, HB 4087, made progress Thursday by advancing to the second reading in the state House of Representatives. The bill, introduced in February, aims to establish a strategic bitcoin (BTC) reserve by authorizing the state treasury to invest up to 10%...
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Bitcoin Traders Buy More Downside Protection After Fed Rate Cut: Deribit

Bitcoin (BTC) traders continue to eye downside volatility, hedging their bullish exposure despite recent positive signals, such as the Federal Reserve’s rate cut, crypto derivatives exchange Deribit’s CEO Luuk Strijers told CoinDesk. Earlier this week, the U.S. Fed cut interest rates by 25 basis points and signaled an additional...
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