Search results for Coinbase Custody
Crypto
Grayscale GXRP XRP ETF adds in-kind creation and redemption
Grayscale\'s spot XRP exchange-traded fund, GXRP, will support in-kind creation and redemption that allow XRP to be deposited and withdrawn directly. Grayscale disclosed the operational change through amended registration materials and filings with the U.S. Securities and Exchange Commission. The ETF had previously processed cash orders only. The update follows contracts signed on Sept. 29 and revisions to agreements with Macquarie Capital USA and Virtu Americas. Grayscale also added Anchorage Digital Bank as a custodian.
Crypto
XRP rallies for third straight month on ETF hopes
XRP is set to post its third straight monthly gain, unsettling a bearish market trend. After falling 22.1 percent in June, it rose 2.11 percent in July and 30 percent in August, and was up about 8.6 percent in September, trading around $1.49. A revised 424B3 prospectus for a U.S. spot XRP ETF was filed with the SEC, naming Coinbase Custody as custodian and setting a 0.34 percent fee.
Crypto
Bitwise\'s NEAR spot ETF wins first U.S. listing approval, trading seen around Sept. 29
Bitwise’s spot exchange-traded fund tracking NEAR won approval for its first U.S. listing, clearing NYSE Arca listing approval and the SEC’s registration effectiveness, CoinPost reported. The ticker is NRR and trading is expected to start around Sept. 29. The fund stakes all NEAR it holds and charges a 0.75 percent annual fee, with about 33 percent of staking income deducted for costs. Coinbase Custody will hold tokens and BNY Mellon will handle cash and administration.
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Crypto
Grayscale seeks to convert Zcash Trust into ETF, targets NYSE listing
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Crypto
Circle launches cirBTC on Ethereum, targets institutional bitcoin collateral infrastructure
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Crypto
Coinbase, Better to roll out bitcoin and USDC-backed mortgages across the United States
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Crypto
Lost bitcoin found after 12 years as 500 BTC move in mystery
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Crypto
Bitwise files for Uniswap ETF