
SEC approves Grayscale Index ETF conversion, clears Solana, XRP, Cardano for spot trading
The approval marks the first multi-crypto basket index to trade as an ETF in the US.

Follow Grayscale news, including ETF conversions, fund flows, legal wins, product strategy, and institutional crypto investment trends.

Microsoft-backed Space and Time Trust offers investors early access to pioneering blockchain data solutions.

IBIT currently holds nearly 20% of all Bitcoin holdings listed, but public companies prepare to acquire more BTC and shake the supply distribution.

In addition to the significant inflows, recent data shows that institutional interest surpassed $1 billion in the first quarter.

CoinShares reported decreasing appeal of the basis trade as likely reason for profit-taking, resulting in declining ETF exposure.

JP Morgan CEO Jamie Dimon revealed the bank will offer Bitcoin, but he is still "not a fan" of the flagship cryptocurrency.

The Mubadala Investment Company acquired over 491,000 shares of spot Bitcoin ETF IBIT during the first quarter, despite the slide below $90,000.