Cboe on Wednesday filed for a rules change with the U.S. Securities and Exchange Commission that would enable the exchange to list shares for a Solana exchange-traded fund proposed by Franklin Templeton. The submission comes less than week after the investment manager applied for the ETF that would track the sixth largest cryptocurrency by market value … Read more
Forward-looking: In a move that could usher in major competition for ride-hailing services Uber and Lyft, Tesla is reportedly planning to launch its own ride-hailing service in California. However, unlike the established companies, Tesla apparently intends to own and operate its entire fleet. According to Bloomberg, the EV giant applied for a “transportation charter-party carrier … Read more
After Bitcoin and Ether, companies are now pushing to list spot XRP exchange-traded funds (ETFs) on US stock exchanges. Recently, Grayscale Investments filed an application with the Securities and Exchange Commission (SEC) to convert its XRP Trust into an ETF. If approved, the XRP ETF will be listed on the New York Stock Exchange (NYSE). … Read more
Amazon wants to test new technology for an air traffic control system for its Prime Air delivery drones. Internal R&D tests in Seattle and Pendleton, Oregon would employ the 9.3-9.5 GHz wireless frequency band used by NASA and other federal agencies. Read More
Strive Asset Management, a company co-founded by Vivek Ramaswamy, announced plans for an exchange-traded fund on Thursday that would seek exposure to convertible securities issued by companies investing in Bitcoin BTC/USD. What Happened: The proposed ETF, named the Strive Bitcoin Bond ETF, aims to expose investors to the growing “Bitcoin bond” market, leveraged by companies … Read more
German banking giant Deutsche Bank has applied for a license with the country’s financial regulator BaFin to expand its revenue streams, as reported by Bloomberg. David Lynne, who runs the lender’s commercial banking unit, told Bloomberg: We’re building out our digital assets and custody business. We just put our application into the BaFin for the … Read more