The U.S. SEC has approved NYSE Arca's proposal to list the T. Rowe Price Active Crypto ETF, an actively managed fund that can hold a variety of cryptocurrencies including Bitcoin, Ethereum, XRP, Solana, Dogecoin, and Shiba Inu. This ETF aims for long-term capital growth by investing in a basket of eligible crypto assets, using an active strategy to potentially outperform its benchmark, the FTSE Crypto US Listed Index. The approval marks a significant step in providing investors with regulated access to multiple large-cap altcoins and meme coins within a single product. Trading details will depend on the issuer's launch process, with added regulatory safeguards due to the active management approach.
The Bitcoin Rainbow Chart predicts BTC could trade between $99,143 and $1.16 million by July 1, 2026, depending on valuation bands. Currently priced around $64,500, Bitcoin is below even the lowest projected level, indicating it is undervalued relati...
The Bank of Japan and Federal Reserve meetings on June 15-17 could cause significant market volatility, especially for cryptocurrencies. The BOJ may consider a rate hike due to a weakening yen and rising import costs, while the Fed is expected to hol...
Bitcoin is currently retesting a critical resistance zone between $65,000 and $67,000 after breaking below a rising wedge pattern. Holding above this range could invalidate bearish signals and allow Bitcoin to continue its upward trend, targeting aro...
XRP exchange-traded products attracted over $10 million in inflows for the fifth consecutive week, contrasting with Bitcoin and Ethereum funds which faced significant outflows. This continued demand for XRP ETFs highlights growing institutional inter...
Bitcoin traded steadily around $64,399 with a modest 0.97% gain over the weekend, while Ethereum remained flat near $1,675. The crypto community is watching Bitcoin dominance at 56.6%, interpreting this stability as a sign of consolidation rather tha...
