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Billion dollar asset manager files for DOGE and TRUMP ETFs

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The election of Donald Trump ignited a strong cryptocurrency bull run in early November of 2024. Trump was largely seen as the pro-crypto candidate of the 2024 election — having promised to open a strategic Bitcoin (BTC) reserve for the United States and even launching his own meme coin on January 17. However, the exact specifics and policies that Trump will put in place are still unclear. Notably, the President’s inaugural speech and first executive orders avoided the topic of cryptocurrencies entirely — although this has done relatively little to stymie the jubilant bull run. Retail investors tend to err on the side of optimism — but similar sentiments from institutional investors are a much rarer sight.  Picks for you This bullish pattern hints Dogecoin to target $15, according to trading expert 26 mins ...

$100,000,000,000 Asset Manager Wisdom Tree Files for XRP ETF: Report

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Prominent asset manager and exchange-traded fund issuer Wisdom Tree is reportedly filing for an XRP ETF product. According to Eleanor Terret of Fox News, $100 billion asset manager Wisdom Tree has registered for an XRP ETF in the state of Delaware. “NEW: Global ETF provider WisdomTreeFunds has registered in the state of Delaware for an XRP ETF. I have confirmed with the company this is a legitimate filing. Wisdom Tree has over $100 billion in assets under management.” Source: Eleanor Terret/X Earlier this month, asset manager 21Shares also filed a Form S-1 registration statement with the Securities and Exchange Commission (SEC). The proposed product, called “the 21Shares Core XRP Trust,” aims to be a passive investment vehicle that tracks the price of the payments-focused crypto asset. 21Shares and Wisdom Tree aren’t the first firms to try and get XRP products off the ground. Bitwise Asset Management, the largest digital asset index fund mana...