Crypto ETFs: A New Era Begins

The way for new crypto ETFs in the USA has been paved by a regulatory adjustment from the U.S. Securities and Exchange Commission. This adjustment enables companies to meet the generic listing standards of Nasdaq, Cboe BZX, and NYSE Arca without applying for individual rule changes. However, not everyone at the SEC supports this move, as Commissioner Caroline Crenshaw emphasized concerns regarding investor protection. Rex-Osprey is already poised with their new ETFs: with the Rex-Osprey XRP ETF and the Rex-Osprey DOGE ETF, the company has hastened market participation and also plans to add a leveraged ETF. This ETF is specifically aimed at short-term oriented traders who are betting on large fluctuations and potential gains. Meanwhile, Dogecoin experienced a brief surge on the exchange, which was not long-lasting. Despite the excitement, the price fell by more than 5%. In parallel, KindlyMD's CEO, David Bailey, made headlines by urging investors to be cautious. After the company repositioned itself as a Bitcoin treasury firm, its shares came under significant pressure, which Bailey views as an opportunity to attract new dedicated investors. Grayscale is also in focus, having launched a new product that includes a basket of digital assets. Meanwhile, positive momentum around Solana treasuries continues, following Forward Industries and Helius presenting ambitious plans to expand their investments. To conclude, Bullish's stock price rose thanks to a new BitLicense, which facilitates its growth in the U.S. market. Finally, Strategy added another 60 million USD to their Bitcoin treasury, although the company retained 8 million USD from its last stock placements.