Search results for Grayscale Investments
Crypto
How far can demand for XRP spot ETFs go? Grayscale says they could absorb 5 to 6 percent of supply
XRP spot exchange-traded funds could absorb 5 to 6 percent of XRP’s circulating supply in the short term, a forecast said. Grayscale Investments research head Zach Pandl said on a podcast that all listed XRP ETFs combined could ultimately hold about 5 to 6 percent of supply, calling it an initial estimate. XRP spot ETFs have recorded cumulative net inflows of $1.42 billion since launch, though total net assets slipped with recent price declines.
Crypto
XRP revaluation thesis gains ground as U.S. regulatory shifts raise hopes for institutional participation
XRP could be revalued over a short period as institutional money flows into crypto markets and the U.S. regulatory environment shifts, an analyst said. The analyst cited a gap between XRP\'s current price and its real-world use, and pointed to recent moves by the SEC and CFTC to classify major assets as digital commodities. The analyst also cited growing interest in the CLARITY bill and broader institutional activity around bitcoin and ether.
Crypto
Toshiba says quantum-inspired computing algorithm boosts speed 100-fold
Toshiba has unveiled a quantum-inspired computing algorithm that simulates quantum calculations on classical computers, saying it improves speed and accuracy at the same time. The company said the algorithm can run up to 100 times faster than existing methods and achieve near-100 percent accuracy by using the “edge of chaos” concept. It cited a case where runtime fell from about 1.3 seconds to under 0.01 seconds.