Rich Dad Poor Dad author Robert Kiyosaki has shared a story involving Iraqi Dinars and an unexpected divine endorsement. In response, the famous author cautioned investors to “be extra careful” about who is giving them investment advice, emphasizing that “even if it is Jesus.” Kiyosaki’s Take on a Strange Investment Pitch Robert Kiyosaki, financial educator […]
Grayscale Launches XRP Trust — Cites Potential to Transform Legacy Financial Systems
Grayscale Investments has created a new trust for XRP, allowing accredited investors to gain exposure to the cryptocurrency known for facilitating cross-border transactions. The Grayscale XRP Trust functions like other single-asset crypto investment vehicles, holding only XRP. Grayscale’s head of product highlighted the potential of XRP to transform financial infrastructure. Grayscale Launches XRP Trust for […]
Grayscale Launches SUI Trust for Accredited Investors
On Sept. 11, Grayscale, the digital asset manager, revealed that its SUI Trust is now available to accredited investors eager for SUI exposure. The SUI token, native to the Sui blockchain, powers a layer one (L1) network designed to provide quick transactions and affordable fees. Developed by Mysten Labs, a team of former Meta engineers, […]
Study: Surge in Popularity of Liquid Restaking Token Protocols Driven by Growing User Trust
The surge in the total value locked and adoption of liquid restaking tokens increased from approximately $ 164.3 million in January to $ 13.812 billion by June 20, underscoring the growing trust in them. As was the case in January, Ether.fi remains dominant in the LRT market, accounting for approximately 50% of the …
Spot Bitcoin ETFs See Light Inflows as Grayscale Adds Mini Bitcoin Trust
On Wednesday, the list of spot bitcoin exchange-traded funds (ETFs) grew from 11 to 12 with the introduction of Grayscale’s Mini Bitcoin Trust. The day’s trading session saw these funds attracting a modest $ 298,930 in net inflows. Spot Bitcoin ETFs Report Modest Inflows During Tuesday’s trading session, only two spot bitcoin ETFs experienced …