The SEC has postponed its decision on the Grayscale Polkadot Trust ETF until June 11. This delay impacts the potential for a Polkadot (DOT) ETF to be listed on US exchanges and joins a growing list of altcoin ETFs awaiting approval.
Tag: Adoption
Revolut Achieves $1.3B Profit Surge: User Growth, Crypto Boom & UK Banking License
Revolut’s profits doubled to $1.3 billion in 2024, fueled by a surge in crypto trading and significant user base expansion. The company also secured a long-awaited UK banking license, paving the way for new lending services.
BlackRock’s IBIT Wins ‘Best New ETF’ Amidst Record Bitcoin ETF Inflows: A Comprehensive Overview
BlackRock’s IBIT Bitcoin ETF has been awarded ‘Best New ETF’ by etf.com, coinciding with a surge in inflows. This article delves into the details of the award, the ETF’s performance, and the broader implications for the Bitcoin market.
Russia to Launch Crypto Exchange for Qualified Investors: A Comprehensive Overview
Russia’s central bank and finance ministry are developing a crypto exchange specifically for ‘super-qualified investors’. This initiative aims to legalize crypto assets and bring crypto operations out of the shadows under an experimental legal regime. Learn about the requirements for investors and the broader implications for crypto in Russia.
Bitcoin ETFs See Dramatic $912M Inflows: Investor Confidence Surges
Bitcoin ETFs experience their largest inflows since January, signaling a significant boost in investor confidence amid easing trade war concerns. Explore the factors driving this resurgence, including Trump’s softened stance on tariffs and the US dollar’s weakness.