GrayscaleTrust
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Grayscale records first spot Bitcoin ETF inflow ($63M) since launch.
Okay, let’s keep watching these guys.
Follow for the latest in this space.
#BTC #BitcoinETFs #GrayscaleTrust
Grayscale records first spot Bitcoin ETF inflow ($63M) since launch.
Okay, let’s keep watching these guys.
Follow for the latest in this space.
#BTC #BitcoinETFs #GrayscaleTrust
📢 Genesis seeks bankruptcy court approval to sell $1.6 billion in Grayscale Trust assets. The application includes $1.4 billion in Grayscale Investment Trust shares, $165 million in Grayscale Ethereum (ETH) Investment Trust shares, and $38 million in Ethereum Classic (ETC) Investment Trust shares. GBTC holdings involve assets acquired from the bankruptcy of Three Arrows Capital (3AC) and collateral transferred to Gemini through the Geminion program. A separate request aims to expedite approval, targeting the February 8 bankruptcy court hearing. #CryptoNews🔒📰🚫 #GENESIS #GrayscaleTrust
Grayscale Launches Avalanche (AVAX) Trust: Expanding Access to Promising Blockchain Investments
Grayscale Unveils Avalanche (AVAX) Trust: A New Opportunity for Crypto Investors
Grayscale Investments, the world’s largest digital currency asset manager, has expanded its portfolio with the introduction of the Avalanche (AVAX) Trust. This move marks a significant development in the cryptocurrency investment landscape, providing accredited investors with another opportunity to gain exposure to a leading blockchain network through a regulated financial product.
The Rise of Avalanche
Avalanche has rapidly emerged as one of the most prominent blockchain platforms, known for its high throughput, low transaction costs, and flexibility in creating custom blockchain networks. Launched in September 2020 by Ava Labs, Avalanche was designed to address some of the key challenges faced by earlier blockchains, such as scalability, security, and decentralization.
The platform uses a unique consensus protocol called Avalanche consensus, which allows for near-instant transaction finality and the processing of thousands of transactions per second. This has made Avalanche a popular choice for decentralized finance (DeFi) projects, non-fungible tokens (NFTs), and enterprise blockchain applications.
Grayscale’s Strategic Expansion
Grayscale’s decision to launch the Avalanche Trust is part of a broader strategy to offer investors diversified exposure to the growing digital asset ecosystem. The firm, which already manages several other cryptocurrency trusts, including those for Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), aims to capitalize on the increasing demand for institutional-grade crypto investment products.
The Avalanche Trust will function similarly to Grayscale’s other trusts, allowing investors to gain exposure to AVAX, the native token of the Avalanche network, without the need to directly purchase, store, or manage the cryptocurrency themselves. Shares of the trust will be available to accredited investors and will represent fractional ownership of AVAX.
Why Avalanche?
Avalanche’s robust technology and growing ecosystem have positioned it as a strong contender in the competitive blockchain space. Its ability to support multiple subnets and customizable blockchain networks makes it highly versatile, catering to a wide range of use cases from DeFi applications to enterprise solutions.
Additionally, Avalanche has seen significant adoption and integration with various decentralized applications (dApps) and platforms, further solidifying its position as a leading blockchain. With the launch of the AVAX Trust, Grayscale is signaling its confidence in the long-term potential of Avalanche and its commitment to offering innovative investment products that align with market trends.
What This Means for Investors
The introduction of the Avalanche Trust by Grayscale is a positive development for investors seeking diversified exposure to the crypto market. As the digital asset space continues to mature, products like the AVAX Trust offer a convenient and regulated way to invest in promising blockchain networks.
For investors who are bullish on the future of blockchain technology and decentralized applications, the AVAX Trust provides a straightforward entry point into the Avalanche ecosystem. Given Avalanche’s rapid growth and the increasing adoption of its technology, the trust could appeal to those looking to diversify their crypto holdings beyond the more established assets like Bitcoin and Ethereum.
Conclusion
Grayscale’s launch of the Avalanche (AVAX) Trust underscores the growing interest in blockchain platforms that offer innovative solutions to the challenges of scalability, security, and decentralization. As the cryptocurrency market continues to evolve, the addition of Avalanche to Grayscale’s portfolio is a testament to the platform’s potential to play a key role in the future of decentralized finance and beyond.
Investors now have a new avenue to explore within the crypto landscape, and with Grayscale’s track record of providing institutional-grade investment products, the AVAX Trust is poised to attract significant interest from both retail and institutional investors alike. As always, potential investors should conduct thorough research and consider their risk tolerance before investing in any digital asset.
#GrayscaleTrust #Avax🔥🔥 #GrayscaleInvestments #AvalancheHub $AVAX
#AvalancheAVAX $AVAX
Grayscale Investments, the world’s largest digital currency asset manager, has expanded its portfolio with the introduction of the Avalanche (AVAX) Trust. This move marks a significant development in the cryptocurrency investment landscape, providing accredited investors with another opportunity to gain exposure to a leading blockchain network through a regulated financial product.
The Rise of Avalanche
Avalanche has rapidly emerged as one of the most prominent blockchain platforms, known for its high throughput, low transaction costs, and flexibility in creating custom blockchain networks. Launched in September 2020 by Ava Labs, Avalanche was designed to address some of the key challenges faced by earlier blockchains, such as scalability, security, and decentralization.
The platform uses a unique consensus protocol called Avalanche consensus, which allows for near-instant transaction finality and the processing of thousands of transactions per second. This has made Avalanche a popular choice for decentralized finance (DeFi) projects, non-fungible tokens (NFTs), and enterprise blockchain applications.
Grayscale’s Strategic Expansion
Grayscale’s decision to launch the Avalanche Trust is part of a broader strategy to offer investors diversified exposure to the growing digital asset ecosystem. The firm, which already manages several other cryptocurrency trusts, including those for Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), aims to capitalize on the increasing demand for institutional-grade crypto investment products.
The Avalanche Trust will function similarly to Grayscale’s other trusts, allowing investors to gain exposure to AVAX, the native token of the Avalanche network, without the need to directly purchase, store, or manage the cryptocurrency themselves. Shares of the trust will be available to accredited investors and will represent fractional ownership of AVAX.
Why Avalanche?
Avalanche’s robust technology and growing ecosystem have positioned it as a strong contender in the competitive blockchain space. Its ability to support multiple subnets and customizable blockchain networks makes it highly versatile, catering to a wide range of use cases from DeFi applications to enterprise solutions.
Additionally, Avalanche has seen significant adoption and integration with various decentralized applications (dApps) and platforms, further solidifying its position as a leading blockchain. With the launch of the AVAX Trust, Grayscale is signaling its confidence in the long-term potential of Avalanche and its commitment to offering innovative investment products that align with market trends.
What This Means for Investors
The introduction of the Avalanche Trust by Grayscale is a positive development for investors seeking diversified exposure to the crypto market. As the digital asset space continues to mature, products like the AVAX Trust offer a convenient and regulated way to invest in promising blockchain networks.
For investors who are bullish on the future of blockchain technology and decentralized applications, the AVAX Trust provides a straightforward entry point into the Avalanche ecosystem. Given Avalanche’s rapid growth and the increasing adoption of its technology, the trust could appeal to those looking to diversify their crypto holdings beyond the more established assets like Bitcoin and Ethereum.
Conclusion
Grayscale’s launch of the Avalanche (AVAX) Trust underscores the growing interest in blockchain platforms that offer innovative solutions to the challenges of scalability, security, and decentralization. As the cryptocurrency market continues to evolve, the addition of Avalanche to Grayscale’s portfolio is a testament to the platform’s potential to play a key role in the future of decentralized finance and beyond.
Investors now have a new avenue to explore within the crypto landscape, and with Grayscale’s track record of providing institutional-grade investment products, the AVAX Trust is poised to attract significant interest from both retail and institutional investors alike. As always, potential investors should conduct thorough research and consider their risk tolerance before investing in any digital asset.
#GrayscaleTrust #Avax🔥🔥 #GrayscaleInvestments #AvalancheHub $AVAX
#AvalancheAVAX $AVAX
🚀 SUI Surges 17% After Grayscale’s Decision! Is 1.10$ Next?
$SUI has surged by 17% today and 25% this week following Grayscale’s decision to open a Sui Trust for accredited investors, boosting market confidence and driving trading volumes.
Technical indicators are bullish:
🚀RSI: Moved from 46 to 66 - growing buying interest without overbought conditions.
🚀MACD: Positive momentum continues, with the MACD line above the signal line.
🚀Volume: Up 85% in the last 3 days, signaling strong market activity.
While the bullish momentum is evident, Sui’s trajectory remains subject to market shifts. A breach past $1.10 could fuel further gains, but a dip below $0.90 might trigger consolidation.
#SUI #GrayscaleTrust #Grayscale
$SUI has surged by 17% today and 25% this week following Grayscale’s decision to open a Sui Trust for accredited investors, boosting market confidence and driving trading volumes.
Technical indicators are bullish:
🚀RSI: Moved from 46 to 66 - growing buying interest without overbought conditions.
🚀MACD: Positive momentum continues, with the MACD line above the signal line.
🚀Volume: Up 85% in the last 3 days, signaling strong market activity.
While the bullish momentum is evident, Sui’s trajectory remains subject to market shifts. A breach past $1.10 could fuel further gains, but a dip below $0.90 might trigger consolidation.
#SUI #GrayscaleTrust #Grayscale
....."The same way bitcoin futures ETFs and spot bitcoin ETFs should (and now are) treated the same, so too should listed options on these products.” _says Michael Sonnhenshein, haven't argued that options will support Bitcoin’s price discovery, and help investors navigate crypto’s unique market conditions in creative ways.
GRAYSCALE’S INFLUENCE ON BITCOIN SPOT ETFS
#GrayscaleTrust #ETFsApproval @Storex #Write2Earn
Bitcoin spot ETFs were approved over two years after their futures counterparts. Previously, the SEC favored futures-based ETFs for hypothetically being more resistant to market manipulation than the Bitcoin spot market.
The SEC was forced to abandon this position after a decisive court loss to Grayscale last year. At the time, three judges ruled that the agency’s differential treatment of such similar products was “arbitrary and capricious.”
SEC chair Gary Gensler has made clear that while the agency now approves both products, it still does not endorse Bitcoin.
“Bitcoin is primarily a speculative, volatile asset that’s also used for illicit activity including ransomware, money laundering, sanction evasion, and terrorist financing,” wrote Gensler in his approval statement last month.
GRAYSCALE’S INFLUENCE ON BITCOIN SPOT ETFS
#GrayscaleTrust #ETFsApproval @Storex #Write2Earn
Bitcoin spot ETFs were approved over two years after their futures counterparts. Previously, the SEC favored futures-based ETFs for hypothetically being more resistant to market manipulation than the Bitcoin spot market.
The SEC was forced to abandon this position after a decisive court loss to Grayscale last year. At the time, three judges ruled that the agency’s differential treatment of such similar products was “arbitrary and capricious.”
SEC chair Gary Gensler has made clear that while the agency now approves both products, it still does not endorse Bitcoin.
“Bitcoin is primarily a speculative, volatile asset that’s also used for illicit activity including ransomware, money laundering, sanction evasion, and terrorist financing,” wrote Gensler in his approval statement last month.
Grayscale Expands Crypto Portfolio with Investments in SUI and TAO.
Grayscale, a leading cryptocurrency asset management firm, has recently unveiled two additions to its growing family of investment products. The company introduced the Grayscale Bittensor Trust and the Grayscale Sui Trust, broadening its range of crypto-focused investment vehicles.
New Offerings at a Glance
Grayscale Bittensor Trust: This new trust centers on TAO, the native token of Bittensor's decentralized AI network.Grayscale Sui Trust: Focused exclusively on the SUI token, this trust taps into the Sui protocol's innovative approach to smart contract technology.
Rayhaneh Sharif-Askary, who heads product and research at Grayscale, highlighted the significance of these new trusts. She emphasized Bittensor's contributions to decentralized AI and Sui's advancements in smart contract technology as key factors driving their inclusion in Grayscale's portfolio.
These latest additions bring Grayscale's total number of crypto investment products to 20, complementing existing trusts for well-known tokens like Solana, Litecoin, and Chainlink.
A Pattern of Growth
This expansion follows Grayscale's earlier moves in 2023, which saw the launch of trusts for Near (NEAR) and Stacks (STX). The company's strategy appears to focus on offering both individual and institutional investors access to a wide array of crypto assets through familiar investment structures.
By continually expanding its offerings, Grayscale aims to keep pace with the rapidly evolving cryptocurrency landscape. These new trusts provide investors with additional options to diversify their crypto holdings through regulated investment vehicles.
For those interested in learning more about Grayscale's latest products or exploring other crypto investment opportunities, visiting the company's official website or reaching out to their team directly is recommended.
As the cryptocurrency market continues to mature, Grayscale's expanding portfolio reflects the growing interest in diverse blockchain projects and their potential impact on various sectors, from artificial intelligence to next-generation smart contract platforms.
#GRAYSCALE #SUI #TAO #bittensor #GrayscaleTrust
New Offerings at a Glance
Grayscale Bittensor Trust: This new trust centers on TAO, the native token of Bittensor's decentralized AI network.Grayscale Sui Trust: Focused exclusively on the SUI token, this trust taps into the Sui protocol's innovative approach to smart contract technology.
Rayhaneh Sharif-Askary, who heads product and research at Grayscale, highlighted the significance of these new trusts. She emphasized Bittensor's contributions to decentralized AI and Sui's advancements in smart contract technology as key factors driving their inclusion in Grayscale's portfolio.
These latest additions bring Grayscale's total number of crypto investment products to 20, complementing existing trusts for well-known tokens like Solana, Litecoin, and Chainlink.
A Pattern of Growth
This expansion follows Grayscale's earlier moves in 2023, which saw the launch of trusts for Near (NEAR) and Stacks (STX). The company's strategy appears to focus on offering both individual and institutional investors access to a wide array of crypto assets through familiar investment structures.
By continually expanding its offerings, Grayscale aims to keep pace with the rapidly evolving cryptocurrency landscape. These new trusts provide investors with additional options to diversify their crypto holdings through regulated investment vehicles.
For those interested in learning more about Grayscale's latest products or exploring other crypto investment opportunities, visiting the company's official website or reaching out to their team directly is recommended.
As the cryptocurrency market continues to mature, Grayscale's expanding portfolio reflects the growing interest in diverse blockchain projects and their potential impact on various sectors, from artificial intelligence to next-generation smart contract platforms.
#GRAYSCALE #SUI #TAO #bittensor #GrayscaleTrust
#$XRP UPDATE 🌐
Grayscale has launched an XRP Trust, shining a spotlight on how $XRP could revolutionize traditional finance! 🚀 With its unmatched efficiency and scalability, XRP is positioned to modernize banking systems and transform cross-border transactions. 🌍💸
Could this be the catalyst that brings XRP to the forefront of the global financial system? 🌟 Stay tuned as institutional adoption takes off!
#XRPRevolution #DeFi #BinanceTurns7 #CryptoInnovation #GrayscaleTrust
Grayscale has launched an XRP Trust, shining a spotlight on how $XRP could revolutionize traditional finance! 🚀 With its unmatched efficiency and scalability, XRP is positioned to modernize banking systems and transform cross-border transactions. 🌍💸
Could this be the catalyst that brings XRP to the forefront of the global financial system? 🌟 Stay tuned as institutional adoption takes off!
#XRPRevolution #DeFi #BinanceTurns7 #CryptoInnovation #GrayscaleTrust
XRP Bull Run Incoming? 380 Million XRP Purchased as Market Heats Up!
As the U.S. economy shifts gears, the crypto market is buzzing—and Ripple-backed $XRP is ready to shatter critical resistance levels. One of the most traded altcoins, $XRP , is on the verge of a major breakout as whales scoop up massive amounts of the token, driving the market with serious bullish momentum.
In just the past 10 days, whale investors have grabbed over 380 million $XRP
(worth a staggering $228 million) according to on-chain data. This accumulation phase has experts speculating about a potential surge in $XRP ’s price against Bitcoin and the U.S. Dollar.
Ripple’s ongoing innovations, including the native XRPL DEX, AMM, and upcoming fiat-backed stablecoin, are set to reshape cross-border payments and Web3 protocols. Plus, Grayscale just launched the Grayscale XRP Trust, offering institutional investors a chance to get in on the action!
Are we about to witness the next XRP bull run? The signs are all there—don’t miss out on the movement!
#CryptoInnovation #WhaleAlert #GrayscaleTrust #CryptoDeNostradame #DODOEmpowersMemeIssuance
As the U.S. economy shifts gears, the crypto market is buzzing—and Ripple-backed $XRP is ready to shatter critical resistance levels. One of the most traded altcoins, $XRP , is on the verge of a major breakout as whales scoop up massive amounts of the token, driving the market with serious bullish momentum.
In just the past 10 days, whale investors have grabbed over 380 million $XRP
(worth a staggering $228 million) according to on-chain data. This accumulation phase has experts speculating about a potential surge in $XRP ’s price against Bitcoin and the U.S. Dollar.
Ripple’s ongoing innovations, including the native XRPL DEX, AMM, and upcoming fiat-backed stablecoin, are set to reshape cross-border payments and Web3 protocols. Plus, Grayscale just launched the Grayscale XRP Trust, offering institutional investors a chance to get in on the action!
Are we about to witness the next XRP bull run? The signs are all there—don’t miss out on the movement!
#CryptoInnovation #WhaleAlert #GrayscaleTrust #CryptoDeNostradame #DODOEmpowersMemeIssuance
🚀 Where Is XRP Heading Next After Grayscale’s XRP Trust Launch? 🚀
The launch of the Grayscale XRP Trust has fired up excitement in the crypto world, raising big questions about where XRP’s price is headed next. With Ripple's legal battle against the SEC finally behind it, and Grayscale opening new doors for investment, the stage is set for a potential XRP surge! 🔥
Key voices in the space, like Cryptoassetsguy and APE GOAT, are buzzing with optimism. 🐂 APE GOAT tweeted, “Damn $XRP ETF news bullish AF,” reflecting the mood of many XRP enthusiasts. Meanwhile, Cryptoassetsguy emphasized the broader impacts—an XRP ETF could be in the cards, Ripple’s partnerships with top banks remain strong, and the XRP Ledger continues to shine. 🌍💼
📊 XRP Price Analysis:
Current Price: $0.56337, trading near the 0.5 Fibonacci level, a key zone.
Breaking the 0.618 level at $0.60624 could send XRP towards the 0.786 level at $0.66726, with a major test at $0.74501.
Bollinger Bands show relief buying near $0.52, with resistance at $0.66.
📈 Momentum Indicators:
MACD is flashing early bullish signals after crossing above the signal line. 💥
RSI sits at a neutral 52.63, giving XRP room to rise before hitting overbought territory.
Grayscale’s XRP Trust and Ripple’s success against the SEC have set a positive tone for XRP's future. With bullish momentum building, will XRP break through resistance and continue its upward trend? Keep your eyes on the charts! 🔥💹
#XRP #GrayscaleTrust #CryptoNews #Ripple #Binance $XRP
The launch of the Grayscale XRP Trust has fired up excitement in the crypto world, raising big questions about where XRP’s price is headed next. With Ripple's legal battle against the SEC finally behind it, and Grayscale opening new doors for investment, the stage is set for a potential XRP surge! 🔥
Key voices in the space, like Cryptoassetsguy and APE GOAT, are buzzing with optimism. 🐂 APE GOAT tweeted, “Damn $XRP ETF news bullish AF,” reflecting the mood of many XRP enthusiasts. Meanwhile, Cryptoassetsguy emphasized the broader impacts—an XRP ETF could be in the cards, Ripple’s partnerships with top banks remain strong, and the XRP Ledger continues to shine. 🌍💼
📊 XRP Price Analysis:
Current Price: $0.56337, trading near the 0.5 Fibonacci level, a key zone.
Breaking the 0.618 level at $0.60624 could send XRP towards the 0.786 level at $0.66726, with a major test at $0.74501.
Bollinger Bands show relief buying near $0.52, with resistance at $0.66.
📈 Momentum Indicators:
MACD is flashing early bullish signals after crossing above the signal line. 💥
RSI sits at a neutral 52.63, giving XRP room to rise before hitting overbought territory.
Grayscale’s XRP Trust and Ripple’s success against the SEC have set a positive tone for XRP's future. With bullish momentum building, will XRP break through resistance and continue its upward trend? Keep your eyes on the charts! 🔥💹
#XRP #GrayscaleTrust #CryptoNews #Ripple #Binance $XRP
$SUI is on FIRE! 🔥
Can you believe SUI is up over 35% 📈 in the past week?! 🚀🤯 The hype is real, and it's got everyone talking. Grayscale just dropped a new SUI trust, which is basically a big thumbs up for the project. Plus, SUI is killing it with user numbers and DeFi activity! 🌞
But let's be real, 🤷👉 it's still got a long way to go to catch up with the big dogs like $SOL and $TON when it comes to making money. 💰
What do you think about SUI? Is it just hype, or is it here to stay? Let's discuss! DYOR! #SUI #GrayscaleTrust #Altcoins
Can you believe SUI is up over 35% 📈 in the past week?! 🚀🤯 The hype is real, and it's got everyone talking. Grayscale just dropped a new SUI trust, which is basically a big thumbs up for the project. Plus, SUI is killing it with user numbers and DeFi activity! 🌞
But let's be real, 🤷👉 it's still got a long way to go to catch up with the big dogs like $SOL and $TON when it comes to making money. 💰
What do you think about SUI? Is it just hype, or is it here to stay? Let's discuss! DYOR! #SUI #GrayscaleTrust #Altcoins
BULLISH NEWS FOR $SUI RESULTING IN 38% GAINS
Grayscale is launching new investment fund called " Sui Trust $SUI " which is available through private placement.
Also the network usage of Sui has showed rapid increase signalling that $SUI run to new ATH is coming.
Personally I never used Sui Mainnet, however I do know that a lot of tech is being built there so I will definitely be checking it out after this price surge, how about you? lmk in the comments!!
Also if you enjoyed reading this don't forget to like & follow as it helps me a lot 🙉
#SUI🔥 #GrayscaleTrust #TONonBinance #MarketRecovery
Grayscale is launching new investment fund called " Sui Trust $SUI " which is available through private placement.
Also the network usage of Sui has showed rapid increase signalling that $SUI run to new ATH is coming.
Personally I never used Sui Mainnet, however I do know that a lot of tech is being built there so I will definitely be checking it out after this price surge, how about you? lmk in the comments!!
Also if you enjoyed reading this don't forget to like & follow as it helps me a lot 🙉
#SUI🔥 #GrayscaleTrust #TONonBinance #MarketRecovery
Buy even if a little $STX $NEAR used by #GrayscaleTrust & $ROSE working with #Blackrock and let it sleep aside.
👻 AAVE Price Action: Is a Rally on the Horizon? 👻
$AAVE price has surged by over 12% in the past week, and its overall growth in the last quarter is a staggering 60%! 📈
Key Technical Indicators:
👻RSI: Stabilizing in a neutral zone after moving away from oversold levels.
👻SMA/EMA: Both show gradual increases, signaling a positive trend.
👻MACD: The MACD line is crossing above the signal line, suggesting bullish potential.
👻AO: Hinting at a possible upward momentum.
Aave's trading volume has jumped by 70% this month, yet daily and weekly volume fluctuations raise caution.
💡 With new partnerships, like the Grayscale Aave Trust, Aave could break through the $170 resistance, but a rise above $200 remains speculative for now.
#AAVE #DeFi #GrayscaleTrust
$AAVE price has surged by over 12% in the past week, and its overall growth in the last quarter is a staggering 60%! 📈
Key Technical Indicators:
👻RSI: Stabilizing in a neutral zone after moving away from oversold levels.
👻SMA/EMA: Both show gradual increases, signaling a positive trend.
👻MACD: The MACD line is crossing above the signal line, suggesting bullish potential.
👻AO: Hinting at a possible upward momentum.
Aave's trading volume has jumped by 70% this month, yet daily and weekly volume fluctuations raise caution.
💡 With new partnerships, like the Grayscale Aave Trust, Aave could break through the $170 resistance, but a rise above $200 remains speculative for now.
#AAVE #DeFi #GrayscaleTrust
Grayscale Names Top Cryptocurrencies with High Potential💲
Grayscale Drops a Hot New List! 🔥
Grayscale Research just released its latest list of digital assets with the most potential for the fourth quarter!
Some notable additions include:
Sui (SUI): A high-performance blockchain that's even faster than Solana!
Optimism (OP): Part of a "Superchain" network for scalable dApps.
Helium (HNT): A blockchain-based IoT network with steady revenue.
Bittensor (TAO): An AI project merging AI and blockchain for decentralization.
Other top picks include UMA, Celo, and more!
Want to dive deeper? Check out Grayscale's full report.
#GrayscaleTrust #digitalassets #BlockchainBulls #opbnb #SUI🔥
Grayscale Research just released its latest list of digital assets with the most potential for the fourth quarter!
Some notable additions include:
Sui (SUI): A high-performance blockchain that's even faster than Solana!
Optimism (OP): Part of a "Superchain" network for scalable dApps.
Helium (HNT): A blockchain-based IoT network with steady revenue.
Bittensor (TAO): An AI project merging AI and blockchain for decentralization.
Other top picks include UMA, Celo, and more!
Want to dive deeper? Check out Grayscale's full report.
#GrayscaleTrust #digitalassets #BlockchainBulls #opbnb #SUI🔥
XRP has recently experienced a bullish surge following Grayscale's announcement of its new **XRP Trust**, which allows institutional investors to gain exposure to XRP without directly holding the asset. This trust is seen as a significant step toward increased institutional interest, with speculation building around the possibility of an **XRP-spot ETF** in the future.
After Grayscale's announcement on September 12, XRP's price jumped by over 9%, reaching a high of $0.588 before stabilizing around $0.57. Trading volume spiked by over 100%, reflecting heightened market interest. Analysts believe that this new trust could help XRP break through resistance levels around $0.60 to $0.64, especially as the market remains optimistic following Ripple's legal victories against the SEC【19†source】【20†source】【21†source】.
The introduction of the trust is seen as a strategic move in pushing XRP toward mainstream institutional use, particularly in cross-border payment systems. Many investors are now watching closely for further developments, such as an ETF approval, which could further boost XRP's long-term prospects.
$XRP
#XRP_ETF #GrayscaleXRPTrust #GrayscaleTrust
After Grayscale's announcement on September 12, XRP's price jumped by over 9%, reaching a high of $0.588 before stabilizing around $0.57. Trading volume spiked by over 100%, reflecting heightened market interest. Analysts believe that this new trust could help XRP break through resistance levels around $0.60 to $0.64, especially as the market remains optimistic following Ripple's legal victories against the SEC【19†source】【20†source】【21†source】.
The introduction of the trust is seen as a strategic move in pushing XRP toward mainstream institutional use, particularly in cross-border payment systems. Many investors are now watching closely for further developments, such as an ETF approval, which could further boost XRP's long-term prospects.
$XRP
#XRP_ETF #GrayscaleXRPTrust #GrayscaleTrust