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Crypto
21Shares says claims Ripple directly controls XRP and XRP Ledger are not true
21Shares said claims that Ripple directly controls XRP and the XRP Ledger are not true, citing the network’s validator structure. It said the default trusted validator list includes about 35 validators, with only 1 operated by Ripple, and more than 150 validators participate overall. Protocol changes require support from at least 80 percent of validators. 21Shares added that Ripple remains a key firm in the XRP ecosystem and holds billions of XRP in escrow.
Crypto
CoinShares launches bitcoin mining ETF in Europe
CoinShares has launched Europe’s first UCITS exchange-traded fund investing in bitcoin mining companies. The product is listed on Deutsche Boerse’s Xetra and is structured as an Ireland-domiciled fund, providing European investors access to listed bitcoin mining companies. The CoinShares Bitcoin Mining UCITS ETF began trading on July 21 under the ticker MINE. It is physically replicated and tracks a rules-based index managed by Solactive AG.
Crypto
Bitwise lists BWCC Canton Network ETP on Germany\'s Xetra to broaden institutional access
Bitwise Europe listed an exchange-traded product linked to Canton Network’s native token CC on Deutsche Boerse’s Xetra in Germany. The product, Bitwise Canton ETP with ticker BWCC, tracks Kaiko’s CANTO Reference Rate LDNLF index and charges an annual fee of 0.85 percent. The CC tokens are held by the issuer and kept in cold storage with 100 percent collateral, allowing trading through standard brokerage accounts without a crypto wallet.