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Bitwise is preparing to debut its spot Solana Staking ETF (exchange-traded fund) on the New York Stock Exchange (NYSE) today with Canary Capital set to list Litecoin and Hedera funds. The Bitwise SOL ETF, trading under the ticker BSOL, will be the first US product offering 100% direct exposure to staked SOL, the fund manager said in a post on X. It added that it will temporarily waive fees and target staking rewards of around 7%. “Solana is headed into the mainstream—and we think it’s just getting started,” Bitwise said. ”We believe Solana is a key platform for enabling capital markets to come onchain and is perfectly positioned for this moment.” The Canary Capital Litecoin (LTC) and Hedera (HBAR) ETFs will also launch today while Grayscale’s Solana ETF is expected tomorrow. Crypto ETF Launches Proceed Even As The US Government Shutdown Persists The launches come even as the US government shutdown persists and agencies such as the Securitie...

The SHIB burn rate has absolutely exploded by an incredible 10,845%. Over 9.5 million SHIB tokens have been permanently removed from circulation in just 24 hours. This massive SHIB burn rate surge is sparking fresh speculation about whether Shiba Inu price prediction models are pointing to a potential breakout above $0.0000120. At the time of writing, the Shiba Inu coin tests some pretty crucial resistance levels. Source: Shibburn Also Read: Will Shiba Inu Reach $1? Trillionaire Club Boosts SHIB’s Potential Shiba Inu Price Prediction, Burn Update And Breakout Signals Source: Watcher.Guru Record SHIB Burn Rate Creates Market Momentum The SHIB burn rate data from Shibburn has leveraged an incredible 10,845% increase. 9.5 million tokens were permanently destroyed in a single day. This deflationary mechanism has architected numerous significant supply reduction strategies. It also optimized various Shiba Inu price prediction targets that analysts have been discussing. However, and this is ...

Lawyer Bill Morgan has called out what he described as the biggest lie regarding XRP’s lack of perceived legal clarity.  Morgan, a supporter of Ripple and XRP, was responding to an X user on June 1 who argued that XRP has no legal standing, lacks major institutional support, and plays no role in central bank digital currencies (CBDCs). He firmly rejected that claim, citing Judge Analisa Torres’s July 2023 ruling, which determined that XRP, as a digital asset, is not inherently a security. This is a lie. XRP has been found by a judge not itself to be a security. The SEC Appeal did not challenge that finding. To say XRP has no legal clarity is the biggest lie I have seen in crypto this year. https://t.co/6x1AycUxja — bill morgan (@Belisarius2020) June 1, 2025 The ruling made a clear distinction: while Ripple’s institutional sales were deemed securities transactions, programmatic sales on exchanges were not. Although the SEC appeale...

The app is expected to cease operations on March 16, 2023. Digital asset platform Bakkt has announced its plans to shift its focus to B2B technology solutions. The company said it will soon be sunsetting its consumer-facing app, which was designed to give users the ability to utilize their digital assets in different ways. The app, launched in March 2021, offered a user-friendly experience that brought together various digital assets, including cryptocurrencies, loyalty points, and gift cards. Despite the discontinuation of its consumer-facing app, current Bakkt App users will still have access to their crypto and cash holdings through a new web-based platform, available on all devices. According to Bakkt, users can still check their crypto balances and obtain transaction reports for tax purposes. The app is expected to cease operations on March 16, 2023.  Gavin Michael, President & CEO of Bakkt, emphasized the company's commitment to providing the best solutions to their p...

Bitcoin miners have been on a slippery slope over the past few months. To cater to their costs, they had been collectively selling their holdings. In fact, they’ve been so distressed that on Halloween, there were suggestions floating on social media platforms to dress up like a miner. Also Read – Bitcoin: Top mining company sells 1576 BTC as sell-pressure rises Marathon records most productive month ever Yet, digital asset and mining company Marathon Digital Holdings produced 615 Bitcoin in October—its highest-ever monthly total of mined coins. Interestingly, the amount of Bitcoin mined in October was merely 1 BTC short of the 616 BTC mined throughout the third quarter [July: 72 BTC, August: 184 BTC, September: 360 BTC]. As a result, its total Bitcoin HODLings rose to 11,285 BTC. The fair market value of the same stood at approximately $231.3 million as of October 31, 2022. Alongside, a hash rate growth was also noted by the company. Commenting on how ...