REX Shares is poised to pioneer the first staked crypto Exchange Traded Funds (ETFs) in the U.S. This thrilling development represents an important milestone in bringing digital assets to traditional finance products. The company has partnered with Osprey Funds to develop ETFs based on both Ethereum (ETH) and Solana (SOL)....
Last week, REX Shares opened the proverbial floodgates to a brave new world of yield-generating crypto. This regulatory advance would be a major step toward staked Solana (SOL) ETFs being launched in the United States. The announcement follows unmistakable signs from the Securities and Exchange Commission (SEC) in recent months....
35 million ETH. That's a massive figure. That’s about 28.3% of the total Ethereum supply, most of which is locked in contracts for staking. We’re led to believe that it increases safety and security, greases the wheels of investor confidence, and signals hope and prosperity. What if this monolithic fortress...
Because contrary to what you’ve probably heard, that crypto space is only for the tech bros and Wall Street sharks. Ethereum staking? That's a different beast entirely. It’s less of a pie chart and more of a community garden where anybody can plant seeds and harvest the bounty. And guess...
The nautical reality is that the world of cryptocurrency is changing rapidly. One of the most impactful changes in recent years has been the emergence of staking. Ethereum, the second-largest cryptocurrency by market capitalization, has undergone a complete transition to a Proof-of-Stake (PoS) consensus mechanism. The consequent change has led...
Ethereum has just blown past a thrilling new milestone! The overall value of ETH staked has broken above $70 billion, representing 28.3% of the cryptocurrency’s total supply. According to on-chain data, this threshold was candidly crossed late last week. The surge in staking activity, with significant involvement from whale wallets...
Bit Digital (BTBT), a small-cap player, is in the midst of its own strategic transformation, moving from Bitcoin mining to Ethereum staking options. While market skepticism abounds around this pivot, the execs feel pretty darned confident. They are all-in on the company’s long-term prospects. As of recent activity, it appears...
Bit Digital at one point was the 12th-largest Bitcoin mining company by market capitalization. Now, it has just announced a new, audacious strategy to make the leap to Ethereum. The company’s prospectus filed with the U.S. Securities and Exchange Commission (SEC) indicates they’re now poised to bring staking features to...
So, 35 million ETH is staked. That's a massive number. $140 billion committed. You’d imagine that level of commitment would moon the price to the moon too, huh? Instead, what we’re watching is Ethereum shaky at best, sinking even under the $2,400 threshold. That's not the script we were sold....
Ethereum also recently passed the major milestone of having 35 million ETH staked, worth about $140 billion. This 3,400% spike in staking activity since mid-2021 is a clear signal of investor confidence. The added staking coincides with the crypto project anticipating a watershed decision on its ETF.At the time of...
