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BlackRock has apparently registered an Ethereum trust in the state of Delaware, which is possibly a first step toward an Ether (ETH) spot exchange-traded fund (ETF). BlackRock registered an analogical Bitcoin (BTC) trust in June, shortly before filing with the United States Securities and Exchange Commission (SEC) for a Bitcoin ETF. The
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BlackRock declined to comment on the filing. Source
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Trust Wallet claimed that the Binance newly launched Web3 wallet unveiled during the company’s Blockchain Week is a product of its WaaS technology. Decentralized wallet provider Trust Wallet has announced the launch of its new product Wallet as a Service (WaaS) to promote the adoption of the Web3 ecosystem. In an announcement
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Standard Chartered Bank, for example, launched Zodia Custody, an institution-focused digital asset custodian, backed by SBI and Northern Trust. Its sister company, an institutional digital asset trading and brokerage venue, Zodia Markets, is a fully independent company with a different shareholding structure. Source
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Prices of Grayscale Chainlink Trust (GLNK) have rocketed nearly 100% in the past week, closing at $39 on Monday from the $21 level on October 31. Each share holds just $12 worth of LINK, making it nearly three times pricier than the actual value of held assets. Source
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“Trusts have a responsibility to their patients” The Information Commissioner’s Office (ICO) has issued a reprimand to Derby and Burton NHS Foundation Trust after a computer system caused some patient referrals to be delayed or lost altogether. The University Hospitals
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"GBTC is the gift that keeps giving," one observer said. Source
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While the path forward for FTX remains uncertain, the exchange appears to be taking steps to recover from recent turbulent times. The once-dominant cryptocurrency exchange FTX is endeavoring to set a new course following its bankruptcy last year, which was marred by allegations of fraud and mismanagement. Recent court proceedings have
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Cathie Wood’s fund is continuing to sell crypto-related stocks as the market hits a high not seen since early 2022. Source
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The fund sold 100,739 shares, equivalent to around 2% of ARK's Next Generation ETF (ARKW) holdings. The sale coincided with bitcoin (BTC) enjoying a bullish surge, which saw it rise above $34,000 for the first time in nearly 18 months. According to FactSet data, Ark holds about 5.6 million GBTC
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