Investor demand for XRP is “enormous,” Teucrium Trading President and CEO Sal Gilbertie said during an interview on CNBC’s “ETF Edge,” crediting the “XRP Army” for rapid traction and calling the fund his firm’s most successful launch to date. Gilbertie said inflows reached “hundreds of… Read More
The REX-Osprey XRP ETF (XRPR) has surpassed $100 million in assets under management (AUM) just one month after its launch, according to issuer REX-Osprey. The ETF has experienced rapid growth since its launch in September. It offers investors exposure to the price of XRP, currently… Read More
President Donald Trump has named his new choice to lead the U.S. Commodity Futures Trading Commission, formally backing Securities and Exchange Commission lawyer Mike Selig after jettisoning his one-time pick of former CFTC Commissioner Brian Quintenz. The near-term leadership of the Commodity Futures Trading Commission… Read More
As bitcoin treasury companies continue to struggle with tumbling share prices and rapidly slowing bitcoin accumulation in a tightening market, many are now trading below a 1x multiple to their net asset value (mNAV). In other words, for these “pure play” treasury holders (i.e., excluding… Read More
Crypto.com has applied to the U.S. Office of the Comptroller of the Currency (OCC) for a national trust bank charter, a step it says would expand its federally supervised crypto-custody services for institutions. In Friday’s announcement, the exchange framed the filing as an extension of… Read More
Ripple has completed its purchase of global prime broker Hidden Road and rebranded the business as Ripple Prime, a bundled trading, financing and clearing desk for institutions, the company announced Friday. Ripple said the newly branded unit’s business has tripled since the initial announcement and… Read More
