Grayscale Investments has filed Form 19b-4 with the SEC to launch a Hedera (HBAR) ETF, expanding its presence in the crypto ETF market. This follows a similar proposal by Canary Capital and aims to provide investors exposure to HBAR without direct token ownership. The filing is part of a broader trend, as Grayscale also seeks to introduce ETFs for Cardano, Solana, and XRP, amid increasing regulatory scrutiny and interest in crypto ETFs. The SEC is currently reviewing multiple applications, including those from other firms for various crypto assets.
about Grayscale Files for Hedera HBAR ETF with US SEC Approval ProcessGrayscale Investments
0 in Finance and 0 in Crypto last weekGrayscale Files for Sixth Altcoin ETF Focusing on Hedera HBAR
Grayscale Investments has filed for a new spot Hedera (HBAR) exchange-traded fund (ETF), marking its sixth altcoin-focused ETF. The SEC has acknowledged this filing, along with others for Dogecoin (DOGE), Polkadot (DOT), XRP, Cardano (ADA), and Solana (SOL), indicating a more favorable regulatory environment for altcoin ETFs. Nasdaq previously filed for a HBAR ETF on behalf of Canary Capital, with analysts suggesting higher chances of approval for Hedera and Litecoin.
about Grayscale Files for Sixth Altcoin ETF Focusing on Hedera HBARDogecoin ETF Approval Expected by 2025 Amid Remittix Presale Success
The US SEC has acknowledged Grayscale Investment’s filings to convert its XRP and Dogecoin Trusts into ETFs, potentially paving the way for spot Dogecoin ETFs by 2025. Meanwhile, the DeFi project Remittix has raised over $13 million, addressing high fees and delays in cross-border money transfers, with its token rallying by 347%. With a focus on real-world financial solutions and strong investor protections, Remittix is positioned for significant growth in the coming years.
about Dogecoin ETF Approval Expected by 2025 Amid Remittix Presale SuccessEarly Ethereum Investor Sells 14000 ETH for 29 Million Dollar Profit
An early Ethereum investor sold 14,000 ETH for approximately $31.92 million, netting a profit of over $29 million. The funds originated from an ancient address that acquired the ETH at an average price of $203.22 between 2016 and 2018. This transaction occurred amid significant market selloffs, with the Fear and Greed Index dropping to a multi-year low of 10, indicating extreme fear among investors.
about Early Ethereum Investor Sells 14000 ETH for 29 Million Dollar ProfitCardano Whales Accumulate 300 Million ADA Amid Price Decline and Market Uncertainty
Whale investors have accumulated 300 million ADA, valued at nearly $200 million, following a 20% price drop in Cardano, which has been influenced by Bitcoin’s decline. Despite a bearish market sentiment, the accumulation suggests a potential rebound, especially if Bitcoin recovers. Cardano is currently trading at $0.6744, holding above critical support at $0.62, with resistance at $0.70. The recent acknowledgment of Grayscale’s ETF filing by the SEC could further boost institutional interest in ADA.
about Cardano Whales Accumulate 300 Million ADA Amid Price Decline and Market UncertaintyDogecoin Price Declines Amid Musk Trump Alliance and Market Changes
Dogecoin’s price has plummeted over 40% in the past three months, now trading around $0.207, despite a brief surge following President Trump’s election and the establishment of the Department of Government Efficiency led by Elon Musk. The department aims to modernize federal technology under a “DOGE Agenda,” claiming $65 billion in savings. Meanwhile, optimism remains for Dogecoin ETFs, with analysts estimating a 75% chance of approval this year, even as Musk’s Tesla stock and vehicle sales decline amid growing skepticism about his alliance with Trump.
about Dogecoin Price Declines Amid Musk Trump Alliance and Market ChangesNasdaq Files for Grayscale Polkadot ETF Amid Growing Crypto Interest
Nasdaq has filed with the SEC to list Grayscale’s spot Polkadot ETF under the ticker “DOT,” marking a significant step in the growing interest for crypto ETFs. This follows a similar application by 21Shares and comes amid rising demand for regulated crypto investment products. Bloomberg analysts estimate a 90% approval chance for Litecoin’s ETF, while the HBAR ETF has a lower 65% likelihood. The SEC has until October 2025 to decide on these filings, reflecting the increasing integration of crypto assets into mainstream finance.
about Nasdaq Files for Grayscale Polkadot ETF Amid Growing Crypto InterestDogecoin Faces Critical Support Level Amid Speculation of Future Rally
Dogecoin has plunged below $0.24, confirming a descending triangle breakdown, with fears of a drop to $0.20 as network activity hits multi-month lows. However, historical patterns suggest a potential rally, especially if pending Dogecoin ETF approvals by the SEC ignite investor interest. As long as DOGE holds above $0.19, bullish prospects remain, with analysts eyeing a possible surge past $0.50.
about Dogecoin Faces Critical Support Level Amid Speculation of Future RallyDogecoin Price Drops 7 Percent as Network Activity Reaches Four Month Low
Dogecoin (DOGE) has experienced a 7% price drop, reaching $0.23, as network activity hits a four-month low with only 66 whale transactions and fewer than 60,000 daily active addresses. Despite this downturn, analysts remain optimistic, citing a potential recovery if DOGE maintains support above $0.19, with speculation around a Dogecoin ETF fueling hopes for a significant price surge.
about Dogecoin Price Drops 7 Percent as Network Activity Reaches Four Month LowDogecoin ETF Speculation Fuels Predictions of Price Surge to Ten Dollars
Dogecoin is experiencing a surge in interest as analysts predict it could reach $10 if the SEC approves a Dogecoin ETF, which would enhance institutional adoption and liquidity. Technical indicators show potential for a breakout, with key resistance levels at $0.26 and $0.30. Currently trading at $0.23, DOGE has seen fluctuations amid ETF speculation, dropping 5.75% in the past day but rising 13.26% over the week.
about Dogecoin ETF Speculation Fuels Predictions of Price Surge to Ten DollarsAltcoin Season Emerges as Trading Volume Surges Beyond Bitcoin
Altcoin season may be on the horizon as trading volume for altcoins has surged to 2.7 times that of Bitcoin, according to CryptoQuant’s Ki Young Ju. He notes that stablecoin holders are increasingly favoring altcoins, while regulatory shifts and potential ETF approvals could further boost their adoption.Despite the optimism, the altcoin index has dropped to 29, indicating a bearish outlook for many coins. Notably, XRP has risen over 72% in the past 90 days, contrasting with Cardano’s 25% decline, suggesting a selective altcoin season. The pro-crypto policies of the current U.S. administration may also play a crucial role in this evolving landscape, with significant interest in altcoin-based ETFs from major asset managers.
about Altcoin Season Emerges as Trading Volume Surges Beyond BitcoinGrayscale Launches Investment Fund for Pyth Network Token PYTH
Grayscale Investments has launched the Grayscale Pyth Trust, an investment fund for the Pyth Network’s native token, PYTH, aimed at qualified investors. This fund provides exposure to the governance token that powers Pyth, which delivers critical market data to over 90 blockchain networks, primarily Solana. Despite recent challenges in the Solana ecosystem, the trust is positioned to benefit from the network’s growth, as Pyth’s price feeds are essential for many decentralized applications on Solana.
about Grayscale Launches Investment Fund for Pyth Network Token PYTH