Key Highlights: The NEAR Intents cross-chain transaction protocol surpassed $31 billion in cumulative volume, driving market momentum alongside AI-agent and user adoption. Bitwise expanded institutional access by launching the first U.S. spot NEAR investment product (ticker: NRR) on the NYSE Arca. Despite a recent $3.8 million security exploit on the NEAR Intents infrastructure, all funds ...
Key Highlights Grayscale outlines plans allowing authorized participants to handle in-kind creations and redemptions for its GXRP product on NYSE Arca. Direct XRP-for-share exchanges aim to minimize transaction costs, eliminate unnecessary market transactions, and narrow ETF share pricing spreads. Anchorage joins Coinbase Custody to safeguard the fund’s XRP holdings, introducing a multi-custodian approach backed by ...
Key Highlights: Bitwise Chief Investment Officer Matt Hougan emphasized that NEAR Protocol’s ($NEAR) existing product-market fit, driven by Intents and cross-chain functionality, provides clear fundamental valuation criteria beyond its long-term artificial intelligence strategy. Bitwise has launched NRR, a spot $NEAR exchange-traded product on NYSE Arca featuring in-house staking rewards that accrue directly to net asset ...
Key Highlights Grayscale Zcash Trust (ZCSH) nears $1 billion in assets under management, marking a major milestone for the first U.S. exchange-traded product offering direct ZEC exposure. Fund growth is driven by a combination of new investor inflows and a sharp rise in the market value of ZEC tokens held by the trust. Launched on ...
Zcash Surges Above $1,200 as $45M Whale Short Faces Liquidation Pressure Zcash (ZEC) has captured market attention after breaking above the $1,200 threshold, reaching a decade-high trading range between $1,223 and $1,229. The rally has placed a reported $45 million whale short position under significant liquidation pressure, while open interest has climbed to an all-time ...
Zcash has been among the best-performing crypto assets this year, attracting substantial institutional investment. This week, asset manager Grayscale Investments launched the first exchange-traded fund…