Core Viewpoint - 21shares has launched the 21Shares XRP ETF (TOXR) on CBOE, allowing investors to gain exposure to XRP through traditional banking and brokerage channels, highlighting the potential of XRP in cross-border transactions and global payments [1][2]. Company Overview - 21shares is one of the largest issuers of cryptocurrency exchange-traded products (ETPs) globally, with a focus on making cryptocurrencies accessible to investors and bridging traditional finance with decentralized finance [6]. - The company has over $8 billion in assets under management (AUM) as of November 2025 and offers five ETPs in the U.S. market [5]. Product Details - TOXR has a total expense ratio (TER) of 0.30% and tracks the performance of XRP, which is currently the fourth largest cryptocurrency by market capitalization [1][2]. - The ETF is not registered under the Investment Company Act of 1940, meaning it is not subject to the same regulations as traditional ETFs [2]. Market Context - XRP is utilized by over 100 financial institutions and is actively connecting payment systems in more than 55 countries, indicating its growing institutional adoption due to its speed and cost efficiency [2]. - The demand for diversified crypto exposure among U.S.-based clients is increasing, and the launch of TOXR aims to meet this growing investor appetite [5]. Risk Management - 21shares employs a multi-custody approach for its U.S. spot crypto ETPs, partnering with custodians like Coinbase, Anchorage Digital Bank, and BitGo to enhance security and operational excellence [3]. - Flow Traders acts as the lead market maker for TOXR, providing liquidity and institutional access to crypto markets [4].

Group 1 - Nexo is acquiring Buenbit, an Argentine trading platform, to expand its growth in Latin America [1][2] - Buenbit operates in Argentina and Peru, serving over 1 million clients and is registered with Argentina's securities regulator [2] - Nexo plans to develop Buenos Aires as a regional hub for partnerships and investments in Argentina, Peru, and Mexico as part of its multi-year strategy [3] Group 2 - Argentines are increasingly using digital currencies as a hedge against high inflation, which has decreased from previously high levels [3] - The central bank of Argentina is considering allowing traditional banks to trade cryptocurrencies, indicating a potential shift in regulatory stance [3]

Michael Saylor has delivered one of his most bullish Bitcoin predications yet. | Source: DARKHORSE Key Takeaways Michael Saylor predicts that Bitcoin will grow at a 30% annual rate for the next 20 years. Strategy continues its aggressive Bitcoin accumulation. Saylor positions Bitcoin as the future backbone of global credit and capital markets. Strategy chairman Michael Saylor delivered one of his most bullish outlooks yet for Bitcoin at Abu Dhabi Finance Week, forecasting two decades of steep annu ...

Core Viewpoint - Nexo has agreed to acquire Buenbit, a crypto investment platform based in Argentina, to enhance its presence in Latin America and operate under local regulatory frameworks [1][2]. Group 1: Acquisition Details - The acquisition amount remains undisclosed, but it allows Nexo to leverage Buenbit's user base in Argentina and Peru [1]. - Buenbit is registered with Argentina's Comisión Nacional de Valores (CNV) and has become a significant player in the region's crypto adoption [2]. Group 2: Services and Growth Strategy - The acquisition will provide Buenbit customers with access to a wider range of services, including crypto-backed loans, high-yield savings accounts, and trading tools [3]. - Buenos Aires will become Nexo's Latin American headquarters, supporting its growth plans into Mexico and Peru as part of a multiyear strategy for long-term investments and partnerships in the region [3]. Group 3: Regulatory Context - The move coincides with Argentina's central bank drafting new rules to permit banks to offer cryptocurrency-related services, with regulatory approval expected in the first half of next year [4].

So, you're saying next year bull market. >> We may be seeing a super super cycle. So, we'll see.Yeah, >> obviously expect volatility, but there's a lot of reason to think we're in a short-term uptrend and obviously there's the long-term uptrend. But regarding the short term, this is a great move for Bitcoin. What we're seeing, it's still following the bullish scenario in which the breakout above 92K might be a signal.Strong data coming out of the US on the labor market data. And since then, prices have been ...

You may not like the answer.What a difference a year makes.At the beginning of 2025, investor enthusiasm around Bitcoin (BTC 1.98%) was at a fever pitch. The U.S. government was supposedly going to create a Bitcoin strategic reserve, exchange-traded funds (ETFs) were going to keep buying Bitcoin like there was no tomorrow, and publicly traded companies like Strategy (MSTR 2.19%) (formerly known as MicroStrategy) were going to keep piling up Bitcoin on their respective balance sheets.As we sit here today, se ...

American Bitcoin Corp. (NASDAQ:ABTC) may have been encountering heavy sell-offs lately, but a Roth Capital analyst painted a more than 100% upside for the stock on Wednesday.‘Buy’ Rating For American BitcoinRoth Capital analyst Darren Aftahi initiated coverage of ABTC with a “Buy” rating and announced a price target of $4, according to Benzinga, representing a 106% upside from Wednesday’s closing price. Aftahi is found to be correct 47% of the time.Interestingly, Roth Capital is the underwriter for a specia ...

The New York Stock Exchange welcomed a bronze statue of Bitcoin creator Satoshi Nakamoto on Thursday. Twenty One Capital, the first Bitcoin-native public company listed on the NYSE under ticker XXI, placed the sixth of 21 planned global monuments at the exchange as crypto markets navigate Federal Reserve policy uncertainty. The installation by artist Valentina Picozzi represents what NYSE officials described as “shared ground between emerging systems and established institutions.” Source: X/@NYSE Twen ...

Core Insights - Demand for XRP exchange-traded funds (ETFs) remains strong, with $954 million in investments since their debut, significantly outperforming Solana products and contrasting with losses in Bitcoin and Ethereum ETFs [1][3]. Group 1: XRP ETF Performance - XRP ETFs have experienced four consecutive weeks of positive inflows, indicating robust investor interest despite a broader stagnant crypto market [3]. - The current price of XRP is $2.01, which is 45% below its all-time high reached in July [3]. Group 2: Market Dynamics - The performance of crypto ETFs is influenced by macroeconomic factors, including central banks' monetary policies [4]. - The Federal Reserve recently cut interest rates by 0.25%, bringing the key lending rate to its lowest in three years, which may lead to increased liquidity in global markets [4]. Group 3: Future ETF Launches - Anticipation exists for new ETFs linked to other crypto tokens, such as HYPE, which could attract significant institutional demand [5]. - Unique on-chain products like Hyperliquid and Polymarket are expected to benefit from growing global adoption of digital infrastructure [5]. Group 4: Current Market Trends - Bitcoin has decreased by 2.8% in the past 24 hours, trading at $90,000, while Ethereum has fallen by 4.1%, trading at $3,180 [6].

BREAKING NEWS: The country of Bhutan is tokenizing their sovereign gold reserves on Solana 🔥 https://t.co/cgOHJbbBfa ...