Brazil has made history by launching the world’s first spot XRP Exchange Traded Fund on its main stock exchange B3. Managed by Hashdex and administered by Genial Investments the ETF is called Hashdex Nasdaq XRP Fundo de Índice and trades under the ticker XRPH11.

The XRP ETF mirrors the XRP Reference Price Index offering investors direct exposure to the live market price of Ripple’s native token. Backed by Brazil’s Securities and Exchange Commission approval the fund invests at least 95 percent of its assets in XRP and related products. It has already achieved a net worth close to 40 million dollars.

Hashdex now boasts nine crypto ETFs on B3 strengthening its leadership in digital asset investment. This move comes as momentum builds for crypto ETFs globally with US regulators expected to greenlight spot Solana and XRP funds soon. Analysts predict these approvals could pull in up to 14 billion dollars.

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Bitcoin mining has come a long way since the days of GPUs and basement set ups. In that time, miners have advanced in countless ways. For example, ASICs are now the standard, not GPUs. Furthermore, enterprise grade players have entered the field, opening new frontiers and bringing with them the size and institutional recognition that opens the doors to otherwise unreachable places for smaller miners. Nowadays, the mining landscape is one where grid services, curtailment strategies, and energy market participation are no longer edge cases but core strategies. As the world around it has moved forward, there’s one question we keep hearing from miners: can PPLNS adapt?

Many miners,…

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Bitwise Asset Management has taken a major step toward launching the first US-listed NEAR ETF by registering the Bitwise NEAR ETF trust in Delaware. This move paves the way for a potential SEC filing to create an exchange-traded fund tracking NEAR the native token of the NEAR Protocol. This marks a significant moment for institutional access to altcoins beyond Bitcoin and Ethereum.

A NEAR ETF would simplify exposure for investors by eliminating private key management and offering real-time price transparency through daily holdings disclosure. It would be the first US-based ETF focused on the layer 1 blockchain known for scalability and developer accessibility. Competitors like 21Shares and Grayscale already offer NEAR-linked products but not as ETFs.

Bitwise continues to lead in crypto investment innovation with over $5 billion in assets and plans for ETFs tied to XRP Dogecoin and Solana. Industry momentum is accelerating under a pro-crypto US administration promising a bright future for regulated crypto investing.

Semler Scientific has ramped up its crypto strategy by acquiring 111 more bitcoins for $10 million between February and April 2025. The company now holds 3303 bitcoins worth over $309 million as of April 24 based on Coinbase pricing. This bold move highlights the growing role of digital assets in corporate finance.

Using funds from its ATM equity program and cash reserves Semler is not only betting big on bitcoin but also embracing it as a core part of its financial strategy. The company’s BTC Yield reached 23.5 percent year-to-date showing strong performance from its crypto investments.

Backed by a new $500 million equity offering agreement Semler plans to continue its bitcoin accumulation. The company believes its strategy of using equity capital to acquire bitcoin is accretive for shareholders and reflects confidence in crypto’s long-term value.

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BlackRock’s iShares Bitcoin Trust (IBIT) will become the world’s largest ETF within 10 years, Strategy Chairman Michael Saylor predicted at the Bitcoin Standard Corporations Investor Day in New York. The bold forecast comes as U.S. spot Bitcoin ETFs recorded $442 million in net inflows on Thursday, pushing Bitcoin above $95,000.

IBIT, which currently manages $54.2 billion in assets, would need to surpass the Vanguard S&P 500 ETF (VOO), which holds approximately $573.5 billion. BlackRock’s ETF has demonstrated remarkable momentum, accumulating $1.16 billion in Bitcoin purchases over just three days: $193.5 million on April 22, $643.2 million on April 23, and $327.3 million on…

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Institutional ownership of Bitcoin has surged over the past year, with around 8% of the total supply already in the hands of major entities, and that number is still climbing. ETFs, publicly listed companies, and even nation-states have begun securing substantial positions. This raises important questions for investors. Is this growing institutional presence a good thing for Bitcoin? And as more BTC becomes locked up in cold wallets, treasury holdings, and ETFs, is our on-chain data losing its reliability? In this analysis, we dig into the numbers, trace the capital flows, and explore whether Bitcoin’s decentralized ethos is truly at risk or simply evolving.

The New…

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A new player is entering the institutional Bitcoin space.

Cantor Fitzgerald, along with digital asset giants Tether, Bitfinex and global investor SoftBank is launching 21 Capital, a new Bitcoin-focused investment vehicle.

The firm will hold billions in bitcoin and hopes to offer a more structured and diversified alternative to Strategy’s aggressive bitcoin acquisition program.

The venture will receive $3 billion in bitcoin from its founding partners:

$1.5 billion from stablecoin issuer Tether

$900 million from tech investment giant SoftBank

$600 million from the Bitfinex exchange

All of this bitcoin will be converted into shares of 21 Capital at a…

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Banking powerhouse Citigroup says blockchain could soon have its breakout moment thanks to the rapid rise of stablecoins. In a new report the bank forecasts stablecoin supply could skyrocket from $240 billion to over $2 trillion by 2030 marking a tenfold jump. This shift could spark a historic transformation in crypto adoption.

Citigroup believes both government and financial institutions could play a major role especially with new regulatory frameworks on the horizon. U S lawmakers are debating stablecoin-focused bills in both the Senate and House potentially paving the way for traditional giants like Bank of America to issue dollar-backed crypto tokens.

The report adds that stablecoins might soon rival traditional banks in holding U S Treasuries. Citigroup also highlights that stablecoins could disrupt the banking sector through deposit substitution giving crypto an even stronger foothold. With favorable regulation the stage is set for stablecoins to reshape the future of finance.