Tag: Crypto

Ethereum Jumped 8% After CBOE Staked Ether ETF Application

On Feb. 12, the Chicago Board Options Exchange filed on behalf of asset manager 21Shares to list a spot staked Ethereum ETF. The 19b-4 filed by the Cboe BZX Exchange is for a product called the “21Shares Core Ethereum ETF”, which was previously named ARK 21Shares Ethereum ETF. Its...
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Solana Has ‘Many Flaws’, Claims Crypto Fund Founder

In a thread shared on X, Justin Bons—Founder and Chief Investment Officer of Cyber Capital, a fund he describes as Europe’s oldest cryptocurrency fund—set out a pointed critique of the Solana blockchain. He accuses Solana of suffering from numerous flaws, including repeated network outages, centralizing pressures through demanding hardware...
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Robinhood CEO Vlad Tenev Reveals What He’s ‘Most Excited’ About As Crypto Revenue Skyrockets 8X, Stock Surges 15% After Hours

Robinhood Markets Inc. (NASDAQ:HOOD) reported a more than fivefold jump in cryptocurrency volumes in the fourth quarter. What happened: The trading platform released its quarterly financials after Wednesday’s market close and disclosed a cryptocurrency notional trading volume of $71 billion, up 400% year-over-year. The volume surge helped boost cryptocurrency-related...
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