Category News BTS

Purpose Investments to Launch First XRP ETF in Canada

Following its previous successes with Bitcoin and Ethereum ETFs, asset manager Purpose Investments filed a preliminary prospectus with Canadian securities regulators on Thursday. The filing intended to launch what would become the world’s first XRP ETF in Canada and provide…

Grayscale Launches Bitcoin Mining ETF on NYSE Arca

Grayscale Investments launched the Grayscale Bitcoin Miners exchange-traded fund (MNRS) on NYSE Arca on Thursday, providing investors with another way to gain exposure to Bitcoin mining firms. Introducing the Grayscale Bitcoin Miners ETF (ticker: $MNRS) ⛏ $MNRS offers investors targeted,…

Stablecoin Surge Signals Next Crypto Rally as Cap Hits $200B

Liquidity in the cryptocurrency market has surged, with the total market capitalization of stablecoins recently surpassing $200 billion. This increase has historically preceded price rallies. When the liquidity impulse grows, a rally usually follows. USDT’s 30D market cap just turned…