21Shares, a leading crypto exchange-traded product (ETP) provider, has submitted a Form S-1 registration statement to the US Securities and Exchange Commission (SEC) for the 21Shares Ondo Trust. This exchange-traded fund (ETF) will track the price performance of ONDO. It is the native token of Ondo Finance, a decentralized finance (DeFi) platform focused on tokenizing…
Consensys, the Ethereum-focused software firm behind MetaMask, is reportedly laying off 49 employees, or roughly 7% of its workforce, as part of a restructuring effort aimed at improving profitability. Bloomberg reported the job cuts on Tuesday, with a spokesperson describing them as a step in a broader realignment of priorities following the firm’s recent acquisition…
SharpLink Gaming, a Nasdaq-listed company chaired by Ethereum co-founder Joseph Lubin, has increased its Ethereum (ETH) reserves by nearly 30% in a strategic treasury move. The company acquired 79,949 ETH between July 14 and July 20 at an average price of $3,238 per token, bringing its total holdings to 360,807 ETH. The acquisition comes amid…
Binance Coin (BNB) prices topped $800, marking a new all-time high for the exchange-based asset in early trading on Wednesday in Asia. BNB has been on a tear lately, gaining more than 16% over the past week and almost 30% in the past month. The latest move has pushed its market capitalization to $111.5 billion, which…
TL;DR With crypto prices booming and assets charting all-time highs, certain high-profile wallets have started to move massive portions of their holdings. In one of the latest such transfers, Whale Alert noted that over $700 million worth of the third-largest cryptocurrency has been sent to another unknown wallet. 200,000,005 #XRP (700,609,232 USD) transferred from unknown…
After trading steadily downward for the first four months of the year, Ethereum has rebounded strongly and is currently up more than 65% over the last 30 days. The reason for this rip is “overwhelming demand” from exchange-traded products and corporate treasuries, said Bitwise chief investment officer Matt Hougan on X on Wednesday. The executive…
[PRESS RELEASE – Dubai, Emirates, UAE, July 22nd, 2025] Pepeto Ethereum-based ERC20 in final stage of pre-sale The pre-sale projects constitute a chance to fund the project at the early stages, before official launch. Historically, investors who have spotted the right valuable tokens, made successful investments, especially in the cryptocurrency market. Pepeto, a meme coin…
Exchange-traded fund provider 21Shares is pushing further into the tokenized finance sector, filing with U.S. regulators for a spot ETF that tracks the native token of Ondo Finance. Key Takeaways: 21Shares has filed for a spot ETF that would directly hold ONDO. Ondo is building out institutional-focused tokenization infrastructure. Tokenized real-world assets are on the…
Spot Ethereum exchange-traded funds (ETFs) registered a net inflow of $533.87m on July 22, marking the third-largest single-day inflow since their inception, according to SoSoValue data. The surge shows growing institutional enthusiasm, with Ethereum solidifying its role as a key platform for tokenizing real-world assets. The cumulative net inflow into spot Ethereum ETFs has now…
The Financial Supervisory Service (FSS), South Korea’s integrated financial regulator, has recommended asset management firms “not to excessively include” crypto stocks like Coinbase and Strategy in their ETFs portfolios. The regulator has issued verbal guidance to domestic firms, restricting the proportion of crypto companies in ETFs, Herald reported. The directive indicates that the 2017 administrative…