Features News Today TheBitTimes.Com

BlackRock XRP ETF discussions have officially begun as the asset management giant confirms SEC meeting request. Meanwhile, as a whale investor puts $6 million on XRP’s price rise, this information has been made public. A possible $3 price target is achieved in case an ETF is approved formally. BLACKROCK CONFIRMS $XRP ETF MEETING!! pic.twitter.com/mXejLYaf39 — BSC Gems Alert (@BSCGemsAlert) May 9, 2025 Also Read: Bitcoin: Michael Saylor Reveals Strategy To Get 100x Return from BTC How BlackRock’s XRP ETF Could Trigger a $3 Rally in 2025 Source: Watcher Guru BlackRock Confirms SEC Meeting on XRP ETF Potential Source: X The possibility of a BlackRock XRP ETF launch taking place has become more promising since the company asked formally for the engagement with the crypto task force of the SEC. The schedule describes important points for the approval of crypto ETFs and relevant regulatory aspects. The meeting request from BlackRock states: “We request a meeting with the SEC...

Summary ⚈ Sui (SUI) surged 8.36% after 21Shares filed for a spot ETF. ⚈ The token is up over 16% in the past week amid market optimism. ⚈ 21Shares also partnered with Sui to boost global institutional access. Sui (SUI), the native token of the Sui layer-1 blockchain, experienced a dramatic rally on May 1, surging 8.36% to its press time price of $3.70.  The latest move reinforced the already positive weekly performance, which ensured that the eleventh-largest cryptocurrency by market cap is up 16.32% over the last seven days of trading. While the upsurge coincided with the broader market rally that saw, for example, Bitcoin (BTC) hit $96,000 for the first time since the February correction, it can be directly linked to 21Shares’ latest filing with the Securities and Exchange Commission (SEC). SUI one-day price chart. Source: Finbold Why Sui is up today Specifically, the company specializing in cryptocurrency-based exchange-traded products (ETPs) ...

XRP has recorded a notable large transaction after an unidentified whale moved 29.5 million tokens, worth approximately $63.8 million, to cryptocurrency exchange Coinbase. On-chain analysts often interpret such large transfers to exchanges as a bearish signal since they typically suggest the holder may be preparing to sell. Large inflows to centralized exchanges can increase short-term selling pressure, which may negatively impact prices.  The April 15 transaction comes amid growing hype around a potential spot XRP exchange-traded fund (ETF) approval.  XRP whale transfer to Coinbase. Source: Whale Alert XRP ETF hype Data indicates that XRP has taken the lead in the race for a spot cryptocurrency ETF. The token currently has at least 10 active ETF filings, more than any other altcoin, including Solana, Litecoin, and Dogecoin. Among the names of XRP ETF applications are Bitwise, ProShares, Grayscale, WisdomTree, Franklin Templeton, and Hashdex. ...

Cardano is one of the leading cryptocurrency tokens to exist in the current market. The token has primarily been showcasing a stable price recovery; however, mild fluctuations continue to hover and gnaw at Cardano from time to time. Will ADA be able to surge and spark a new price rally by April 2025? Let’s find out. Also Read: French Investor’s 580 BTC Purchase Yields Unprecedented 709.8% Return Cardano: What’s New? Cardano is currently sitting at a new price spot of $0.73, down 1% in the last 24 hours. The token has documented a rise of 7% in the last one month, showcasing the vigor and mettle that keeps the token persistent in the current mellow market space. In the middle of this, Trump has officially included Cardano in his strategic crypto reserve, which has significantly helped ADA brighten its prospects. $ADA will be part of the US Strategic Reserve pic.twitter.com/eIOpPK9n7p — Splash (@splashprotocol) March 2, 2025 At the same time, ADA is also charting its independ...

A widely followed analyst is leaning bullish on Solana (SOL) over the long term amid an upcoming upgrade. In a new video, the analyst pseudonymously known as InvestAnswers tells his 563,000 YouTube subscribers that a proposal to reduce Solana’s inflation rate by around 80% at the end of Epoch 755 heightens Solana’s bullish prospects. An Epoch is a fixed period during which certain network activities such as governance matters, protocol upgrades, and other related matters are decided and executed. At the same time, InvestAnswers says the bullish thesis for the sixth-largest crypto asset by market cap is further improved if the U.S. Securities and Exchange Commission (SEC) approves a spot Solana exchange-traded fund (ETF). “…they’re coming up with this vote to reduce inflation on Solana, which currently is not that bad at all. But that will reduce inflation from about 4.8% down to about 0.86% inflation. If it passes, if it passes and it’s l...

Ethereum (ETH) remains under pressure, struggling to reclaim the $2,800 level after shedding 21% of its value since January 31 as bearish sentiment grips the market.  However, signs of a potential rebound are emerging, with both technical indicators and fundamental factors suggesting a shift in momentum. At press time, ETH is trading at $2,693, up 1.09% in the past 24 hours. Despite the slight recovery, the second-largest cryptocurrency remains down 2.4% on the weekly chart, reflecting ongoing market uncertainty. Picks for you Bitcoin price prediction for February 28, according to historical returns 2 hours ago 2 cryptocurrencies to reach a $200 billion market cap in March 18 hours ago ...

Strive Asset Management co-founded by Vivek Ramaswamy, a Republican has made headlines in the cryptocurrency industry. Strive has finally filed to launch a ‘Bitcoin Bond’ exchange-traded fund (ETF) with the Securities and Exchange Commission (SEC). The firm’s bold entry into the Bitcoin ETF space signifies the rising connection between traditional finance and digital assets. Also Read: Shiba Inu Team Confirms the Launch Date of Treat Token Strive’s Entry Into The Bitcoin Bond Market Source: Strive.com According to the filing, the latest ETF will focus on company-issued bonds used to fund Bitcoin investments. It also notes that as part of the EA Series Trust, the ETF emphasizes Bitcoin bonds, which are assets such as swaps, options, and derivatives linked to firms highly focused on the king coin. After it garners a green signal, the ETF’s shares will be listed on the New York Stock Exchange (NYSE) and held by the Depository Trust Company. The fund is intended to fulfill...

Despite some increased volatility for the leading crypto, Bitcoin ETFs are still being bought by institutions, according to Bitwise. Indeed, the asset manager noted that institutional investors in the BTC ETFs have continued to increase. Specifically, the figure increased 14% in Q2 of this year. In a new report from the firm, crypto faces a massive question in terms of institutional interest. They note that the market is questioning if these companies will continue to allocate funds toward the asset class. Therefore, increasing their exposure to BTC, and continuing to grow its prevalence throughout the finance sector. Also Read: Wisconsin State Adds 447,000 Shares to its Bitcoin ETF Holdings Bitwise Says Institutional Investment in BTC ETFs is Growing 2024 has been an interesting year for Bitcoin. The token received the landmark inaugural crypto-based ETF in January. Three months later, it reached an all-time high of $73,000 because of the product’s success. However, volatility ha...

With Hong Kong on the verge of approving spot crypto ETFs, almost a dozen hedge funds are queuing up to submit applications for the new financial product. In an interview with Chinese news outlet Caixin, HashKey Group COO Livio Weng revealed that approximately a dozen hedge funds are preparing to submit applications for the launch of spot crypto exchange-traded funds (ETFs) in Hong Kong as the city is poised to become the first market in Asia allowing the listing of these financial products. While the timeline for Hong Kong regulators to approve the applications remains uncertain, Weng mentioned that up to eight of the hedge funds are already in the “actual advancement stage,” although specific details were not provided. This development follows a joint circular issued by the Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) in December 2023, in which the regulators acknowledged the growing interest in launching spot crypto ETFs. ...

Ark Invest and 21Shares have filed for the launch of the first-ever US exchange-traded fund ( ETF ) that will directly invest in Ether, the second-largest cryptocurrency. The Ark Invest spot-Ethereum ETF , if approved, would mark a historic milestone in the cryptocurrency investment landscape. Unlike recently proposed Ether futures spot- ETF s, this offering by Ark Invest and 21Shares will hold Ether itself. This direct investment approach distinguishes the Ark 21Shares Ethereum ETF from its counterparts. It also underscores the firm’s commitment to providing a comprehensive range of crypto products. JUST IN: Ark Invest files for spot #Ethereum ETF . — Watcher.Guru (@WatcherGuru) September 6, 2023 Also read: El Salvador Makes a Bold Move to Teach Bitcoin in Schools by 2024 Ark Invest and Cathie Wood’s Vision The Ark Invest spot-Ethereum ETF is a testament to Wood’s belief in the transformative power of blockchain technology and decen...

The ETF analyst predicted that recent developments in the Ripple vs. SEC case and the upcoming Grayscale lawsuit would be crucial to the first spot Bitcoin ETF approval. The chances of approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States have now increased to 65% from a mere 1% just a couple of months ago. Bloomberg ETF analysts Eric Balchunas and James Seyffart said in a recent statement that the chances of approval for a Bitcoin ETF have increased significantly over the past month, owing to various new developments around the crypto market and the refiling of ETF applications by the likes of BlackRock. Seyffart noted that a lot will depend on the timing of the Grayscale case dates and their recent boost in approval will depend on Grayscale’s victory over the SEC in Federal court. He added that Grayscale’s win against the SEC could set trigger a series of simultaneous approval for all spit Bitcoin ETF filings by the end of the fourth quarter later this ...