In a note to investors on Tuesday, Bitwise Chief Investment Officer (CIO) Matt Hougan stated that several Layer-1 tokens and crypto-focused stocks present a strong investment opportunity following the Securities & Exchange Commission's (SEC) Project Crypto initiative.
The US Securities and Exchange Commission (SEC) announced on Tuesday that it has approved orders to permit in-kind creations and redemptions by authorized participants for crypto asset exchange-traded product (ETP) shares.
Ripple (XRP) price displays an upside-heavy outlook on Friday, following three consecutive days of declines. Investors appear to be inclined bearishly, indicating risk-off sentiment after XRP surged, hitting a new record high of $3.66 on July 18.