It only took one day for the US Securities and Exchange Commission (SEC) to walk back on an approval given to Grayscale Digital Large Cap Fund (GDLC) to convert to an exchange-traded fund (ETF), inadvertently halting its launch. On 1 July 2025, the SEC shared a letter stating its intention to again review the recent … Read more
BlackRock’s spot Bitcoin ETF, trading under the ticker IBIT, has overtaken BlackRock flagship S&P 500 ETF (IVV) in annual revenue generation. Despite being a fraction of its size in terms of assets under management, IBIT’s surge is pivotal. It indicates an increase in institutional demand for regulated Bitcoin exposure. According to 2 July 2025 Bloomberg … Read more
SOL shot up 5% on Solana ETF news and then gave it all back. Hype in crypto is a fickle mistress like a Florida man on bath salts: unpredictable, charming, somewhat lovable. Meanwhile, SOL is drifting near critical supply and demand zones; its next move hangs in the balance as traders weigh flash momentum against … Read more
Solana experienced a short-lived rally following confirmation that the first-ever Solana ETF featuring staking capabilities is scheduled to launch on July 2, 2025. According to data from crypto.news, Solana (SOL) surged nearly 6% to an intraday high of $158.30 on Monday before paring gains and settling around $152.60 at press time. Despite the retracement, the … Read more
Often cast as Bitcoin’s overlooked, irrelevant sibling, the Litecoin ETF (LTC) is making waves in an otherwise unsettled market. Okay, maybe irrelevant was too harsh… Meanwhile, geopolitical tensions in the Middle East rattled most of the crypto market, but Litecoin shrugged off the chaos, recovering to close at $84.88 with a modest 1.6% gain. With … Read more
ETF issuer and asset management firm BlackRock is expanding its Bitcoin portfolio with billions of dollars in fresh investments. According to Arkham Intelligence data, on June 17, BlackRock purchased $250 million worth of Bitcoin (BTC). The acquisition is part of a broader accumulation streak that has now spanned six consecutive days, bringing the firm’s total … Read more
Donald Trump’s media company is making another play in the crypto space. Trump Media & Technology Group, which runs Truth Social, has filed with the SEC for a new spot ETF. This one would bundle Bitcoin and Ether in a single fund, split 75 percent to 25. If approved, the dual Bitcoin-Ether ETF would be … Read more
Litecoin has pulled back in the past month, erasing its gains after bottoming in April. Litecoin (LTC) was trading at $85.98 on Sunday, down by almost 20% from its highest point in May. This pullback has mirrored that of other altcoins like Cardano (ADA) and Chainlink (LINK). Litecoin has pulled back despite data showing that … Read more
Bitcoin is trading at $104,913 currently, down 1% in the last 24 hours. The coin has failed to break through $105K since May 30, and this is scaring off investors. BlackRock’s IBIT still led ETF inflows, pulling in nearly $284 million. Its total net inflows have now reached $48.78 billion. Meanwhile, Fidelity’s FBTC saw the … Read more
The United States Securities and Exchange Commission has delayed its decision on Grayscale’s proposed spot ETFs for Avalanche and Cardano, extending the review period to 15 July 2025. A May 28 press release from the Commission said it was appropriate to designate a longer period to consider the proposed rule change. The SEC made the … Read more