A subsidiary of the New York Stock Exchange wants to convert Grayscale’s XRP Trust into a spot exchange-traded fund (ETF). The ETF and securities exchange NYSE Arca filed with the U.S. Securities and Exchange Commission (SEC) to propose the rule change. Grayscale, a crypto asset manager, believes converting the trust into an ETF “would provide […]
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The world’s largest digital asset manager is offering a look at which crypto assets institutional investors are most interested in. Grayscale just detailed a complete breakdown of its crypto assets under management (AUM), which amounts to a staggering $40+ billion. The vast majority of Grayscale’s holdings are in the Bitcoin (BTC) Trust, which accounts for […]
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Grayscale Investments has launched a solana trust. The company now has nearly $54 billion in total assets under management. The new trust, which is the company’s 16th crypto investment product, will solely invest in solana (SOL). The CEO of Grayscale said that investors are increasingly “diversifying their exposure beyond digital assets like bitcoin and ethereum.” […]
