Grayscale launches investment fund for MakerDAO token
Grayscale also launched funds for protocols Bittensor and Sui in August.
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Grayscale also launched funds for protocols Bittensor and Sui in August.
The pace of adoption of crypto exchange-traded funds in the United States has been surprising even to Grayscale.
If approved, the ETF would be the first US fund to hold a diversified portfolio of spot cryptocurrencies.
Shares are a bargain after second-quarter earnings sent the stock down roughly 16%, says Benchmark analyst Mark Palmer.
ETH price continues to underperform Bitcoin price, and the downside is set to continue.
Grayscale’s BTC and ETH ETFs face significant outflows, while other approved ETF participants maintain a positive balance.
Galaxy launched a $113 million crypto fund on the week of the debut of the first spot Ether ETFs in the US. Nansen has also […]
The asset manager is considering expanding tokenized securities to Ethereum mainnet and other EVMs, its digital assets head told Cointelegraph.
Traditional institutional giants like BlackRock, which has $10.6 trillion under management, have entered the cryptocurrency space.
Analysts worry ETH will prove a harder sell than BTC to traditional investors.
