What Is PENGU ETF? PENGU ETF is an exchange-traded fund (ETF) that holds both: PENGU tokens (linked to the Pudgy Penguins ecosystem) Pudgy Penguins NFTs (actual NFTs, not just tokens representing them) This is different from other NFT-related ETFs, which usually hold shares in companies tied to NFTs rather than the NFTs themselves. PENGU ETF … Read more
Spot ETH ETFs See Continuous Outflows According to SosoValue data, spot ETH ETFs have recorded 11 straight days of withdrawals, totaling over $370 million. Investors remain bearish, with a mere day of inflows during March. The total net asset value of all U.S. spot ETH ETFs currently stands at $7.01 billion, a decrease of 44% … Read more
REX Shares has launched a new, first of its kind exchange-traded fund focused on convertible bonds from companies incorporating Bitcoin into their treasury. REX Shares, an asset management firm specializing in investment products and funds, has just launched Bitcoin Corporate Treasury Convertible Bond (BMAX) ETF, which allows retail investors to invest in convertible bonds issued … Read more
The Altcoin ETF race is heating up as Pyth crypto could be next in line following Grayscale’s reveal of a Pyth trust, which could precede ETF. Grayscale Investments is back in the spotlight with the debut of its Pyth Crypto Trust. Dedicated to the Pyth Network on Solana, this latest addition to Grayscale’s crypto fund … Read more
Dogecoin price is stuck in a bear market after crashing by over 47% from its highest level in December. Dogecoin (DOGE) token was trading at $0.255 on Thursday as the recovery after last week’s crash eased. Many crypto investors believe that the Securities and Exchange Commission will approve a spot DOGE ETF later this year. … Read more