Day: January 24, 2025

Grayscale and CoinShares target new crypto ETFs including Litecoin, Solana, and XRP

admin

Key Takeaways Grayscale and CoinShares have applied for ETFs including Litecoin, Solana, and XRP. Approval of these ETFs would expand regulated investment options for crypto assets. Share this article Grayscale Investments and CoinShares have filed for multiple crypto exchange-traded funds, targeting assets including Litecoin, Solana, and XRP as both firms seek to expand regulated investment options. Grayscale has submitted applications for ETFs tracking both Litecoin and Solana. The Litecoin ETF would track LTC’s price movements without requiring direct ownership, building on the firm’s existing Litecoin Trust product. Grayscale previously filed…

The Cynics and Idealists of Bitcoin

admin

There is something to the stereotype of naive dreamers and idealists, or cold hard realists and cynics. Stereotypes don’t just come into being baselessly, there is a kernel of truth to them, otherwise they would not have spread virally as an idea in the first place. But they, as well as the worldviews they espouse, are also exaggerated beyond that kernel. Bitcoin is currently stuck in a game of tug of war between the naive idealists and the jaded cynics. On one hand, the idealists argue that we already won.…

GOP House begins ChokePoint 2.0 investigation into crypto debanking

admin

Key Takeaways GOP House launches ChokePoint 2.0 investigation, targeting crypto debanking and allegations of regulatory overreach. Influential tech leaders have been requested to provide information on potential regulatory pressures from federal agencies. Share this article The GOP-led House Oversight Committee has launched an investigation into allegations of unlawful debanking practices targeting crypto companies and tech startups. The investigation, dubbed ChokePoint 2.0, focuses on allegations that the Biden administration weaponized financial exclusion against political opponents and disfavored industries. It examines claims of improper debanking practices targeting individuals and entities based on…