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Grayscale's DOGE, XRP ETFs to Go Live on NYSE Monday

Grayscale is set to launch its Dogecoin (GDOG) and XRP (GXRP) ETFs on the NYSE Arca, offering U.S. investors regulated access to these assets. The ETFs, structured as spot exchange-traded products, will begin trading on Monday, reflecting an increasing interest in alternative cryptocurrency investments. The demand for such products has surged, with competitors like Bitwise and Franklin Templeton also entering the market by launching their own DOGE and XRP ETFs. Dogecoin, once considered a novelty, is now among the most actively traded cryptocurrencies. The XRP Ledger, which focuses on facilitating cross-border payments, is nearing its fourteenth anniversary and boasts over 4 billion transactions. Initially available as private placements, GDOG and GXRP will now cater to public investors, adding to Grayscale's growing portfolio of over 40 crypto investment products.

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BTC ETF outflows are 'tactical rebalancing,' not institutional flight: Analysts

Analysts from the crypto exchange Bitfinex argue that the record outflows from Bitcoin exchange-traded funds (ETFs) are indicative of short-term, tactical rebalancing rather than a departure of institutional investors from BTC. They assert that current market dynamics, including profit-taking among holders and the liquidation of highly-leveraged positions, are more to

Bitcoin’s death cross confirmation could mean BTC is officially in a bear market

Bitcoin has confirmed a death cross on its price chart, signaling the potential onset of a bear market as BTC prices fell to $80,000. This technical pattern, indicating a bearish trend, occurred when the 50-day simple moving average (SMA) crossed below the 200-day SMA. Historical instances of death crosses

Anchorage Digital adds HYPE staking support on HyperCORE

Anchorage Digital has enhanced its services by integrating HYPE staking on the HyperCORE platform, expanding its institutional offerings in the Hyperliquid ecosystem. This addition complements existing HYPE custody services provided via HyperEVM. The staking service is facilitated by Anchorage Digital Bank and Anchorage Digital Singapore, which operates with a Major

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