Key Highlights: Institutional funds accumulated approximately 629,100 $LINK in September, valued at about $8.37 million. Bitwise filed an SEC prospectus proposing to allocate 20% of its Chainlink ETF’s $LINK holdings to staking. $LINK reached $15.80 before retreating to $14.43, with $13.75 remaining a key support level. Institutional Funds Increase Chainlink ETF Exposure Institutional interest in ...
Key Highlights Grayscale has filed for the ZCSH High Income ETF, an options-based fund tied to Zcash designed to deliver biweekly income payouts to shareholders. The fund structure relies on derivatives strategies rather than direct Zcash custody, distinguishing it from traditional spot crypto ETFs. The filing remains subject to regulatory review, with no confirmed launch ...
Grayscale’s Head of Research, Zach Pandl, suggests the latest U.S. inflation data could present a temporary speed bump for cryptocurrency markets. The August Consumer Price Index (CPI) report revealed hotter-than-expected headline inflation, increasing the probability of another Federal Reserve rate hike. August CPI Details: Headline Heat, Core Cooling The Bureau of Labor Statistics reported that ...