10h atrás
Grayscale seeks to turn NEAR Protocol Trust into NYSE Arca-listed ETF amid 45% NAV drop
Crypto asset manager Grayscale has submitted a preliminary prospectus to the U.S. Securities and Exchange Commission to convert its NEAR Protocol Trust into an exchange-traded fund planned for listing on NYSE Arca. The GSNR trust, which started OTCQB trading in September, currently manages $900,000 with a net asset value of $2.19 per share, down 45%, while NEAR token prices have fallen about 92% from their January 2022 peak to $1.54.
NEAR
NEAR+1.90%
10h atrás
10h atrás
Ripple President Projects Stablecoins as Core Settlement Layer and Sees 50% of Fortune 500 in Crypto by 2026
Ripple President Monica Long has outlined a vision of crypto's "production era," arguing that stablecoins will move from niche payment tools to core infrastructure for global settlement. She predicts that by 2026 around half of Fortune 500 companies will hold crypto or tokenized assets, including stablecoins and onchain T-bills, while expanding ETF access supports broader institutional participation.
XRP
XRP+2.31%
10h atrás