Franklin Templeton’s Ethereum ETF hits DTCC, hopes for SEC approval

Franklin Templeton recently introduced its Ethereum exchange-traded fund (ETF), named “Franklin Ethereum TR Ethereum ETF,” with ticker code EZET. The DTCC website now lists this ETF, allowing for creation and redemption. However, SEC approval is still pending. Franklin Templeton, a well-known asset management company, has introduced its new Ethereum exchange-traded fund (ETF) named “Franklin Templeton … Read more

Crypto market cap hovers $2.45t as Bitcoin, Solana, Ethereum, Dogecoin face downward pressure

As a researcher with a background in finance and cryptocurrencies, I find it disconcerting to see the digital asset market cap dipping below $2.5 trillion, marking a significant decrease from last year’s high of approximately $3 trillion. The recent turbulence in traditional markets, such as the Japanese yen’s fall against the U.S. dollar, appears to … Read more

DTCC withdraws collateral, loan support for crypto ETFs

As a long-term crypto investor with a background in finance, I find the DTCC’s decision to not allocate collateral or offer loans for Bitcoin ETFs a mixed bag. On one hand, it could be perceived as another instance of traditional financial institutions showing reluctance towards embracing cryptocurrencies. However, it is essential to note that this … Read more

BingX Listing Boosts CHO Token’s Visibility as Choise.ai Makes Another Big Splash in the Market

As an experienced crypto analyst, I’ve been closely monitoring the CHO token’s price action for several months now. The recent listing on the BingX exchange and the subsequent CHO Listing Carnival have undeniably contributed to its impressive three-month rally, which has seen a staggering increase of almost 700%. Over the past three months, the value … Read more

Blockchain developer Movement Labs locks in $38m, Polychain Capital leads VC round

As a seasoned crypto investor with a keen interest in blockchain technology, I find Movement Labs’ recent funding round and collaborations extremely encouraging. The company’s mission to integrate Facebook’s Move Virtual Machine into Ethereum is an essential step towards enhancing security and transaction speed within the ecosystem. In a significant investment, Polychain Capital headed the … Read more