Harga Storm WarfareJAN

On Feb. 10, crypto asset manager Grayscale officially filed for a Cardano exchange-traded fund with the New York Stock Exchange, expanding its push into regulated crypto investments. The firm has never previously offered a standalone investment vehicle for ADA despite making past moves to do so. Asset managers have been emboldened by President Donald Trump’s embrace of crypto with ETF applications for altcoins, including XRP, Solana, and Litecoin, in recent weeks from the likes of Canary Capital, WisdomTree, 21Shares, Bitwise, and VanEck. Grayscale filed 19b-4 for a spot Cardano ETF. First one in US and ballpark 60th crypto ETF filed this year so far pic.twitter.com/alj7EjtfIS — Eric Balchunas (@EricBalchunas) February 11, 2025 Cardano ETF Inbound Grayscale has filed to convert its existing SOL and XRP trusts into a spot ETF but the ADA fund would be a new product. On Jan. 30, NYSE Arca filed to convert Grayscale’s XRP trust into a spot ETF, and on Feb. 6, it did the same for its SOL trust. According to the 19b-4 filing, the Trust will hold only ADA, with each share representing a proportional interest in the fund’s holdings. Coinbase Custody would be the custodian of the assets, and BNY Mellon Asset Servicing would serve as administrator. “Institutional interest in Cardano is heating up,” commented IBC Group founder Mario Nawfal who added that the move comes just a week after Virtune AB launched a Cardano ETP on Nasdaq Helsinki. The Cardano native token has surged 14% on the day, with most of the gains coming in the past couple of hours after the news broke. ADA hit an intraday high of $0.8 but still remains down 17% over the past fortnight as altcoins have been battered recently. ADA hit a 2025 high of $1.16 on Jan. 18 but has been down-trending since. Nevertheless, analysts remain hopeful that ADA will continue its bullish momentum, which has seen the asset gain 140% over the past six months, especially if a spot ETF is approved in the US by the SEC. Spot Crypto ETF Outlook Spot Bitcoin ETFs in the United States have had a mixed month in February, which has seen $578 million in inflows and $561 million in outflows, according to Farside Investors. Monday was another outflow day, with $186.4 million leaving the funds on aggregate. Fidelity’s FBTC saw the largest outflow with $136 million, followed by Grayscale’s GBTC, losing $46.3 million. BlackRock’s IBIT saw $55.3 million in inflows, but it wasn’t enough to turn the daily flow positive. Spot Ethereum ETFs have been positive, with just one outflow day so far in February, which was Monday. Feb. 10, when $22.5 million left the products. The post ADA Pumps 14% as Grayscale Files For Spot Cardano ETF appeared first on CryptoPotato.

🚨 TODAY: Pump. fun transferred another 140,285 $SOL to Kraken, totaling 923,162 $SOL moved since Jan. 1.

U.S. President Donald Trump signed an executive order Monday directing the Treasury and Commerce Departments to create a sovereign wealth fund — and industry proponents are already suggesting that the action could lead to the government buying the world’s largest and oldest cryptocurrency. Trump’s Executive Order For Sovereign Fund In a Feb. 3 press event in the Oval Office, President Trump signed an executive order directing Treasury Secretary Scott Bessent and Secretary of Commerce Howard Lutnick to kick off a process that will “hopefully result in the creation of an American sovereign wealth fund.” Appearing alongside Trump, Bessent said the sovereign fund could be created “within the next 12 months” and “monetize the asset side of the US balance sheet.” While Bitcoin was not mentioned at the signing, a sovereign wealth fund could signal that the United States is taking significant steps toward investing directly in the premier crypto. Senator Cynthia Lummis, an outspoken Bitcoin supporter, referenced Bitcoin when commenting on the EO news. “This is a ₿ig deal,” she said in an X post, noticeably using the Bitcoin “₿” symbol and sending crypto enthusiasts into a frenzy. Bitcoin champion Wayne Vaughan, who has previously urged the United States government to establish a Bitcoin-only national reserve, noted that Bessent and Lutnick “both like Bitcoin” and there’s “a 100% probability” they buy BTC. It’s worth mentioning that some of the world’s top government wealth funds have considerable exposure to Bitcoin. Norway’s sovereign wealth fund, the largest in the world, indirectly holds 3,821 BTC, worth roughly $376 million worth of Bitcoin. Trump’s Crypto Embrace The new Trump Administration is already off to a running start when it comes to crypto. On Jan. 23, the president signed his first crypto-related executive order, formally launching a Presidential Working Group on Digital Asset Markets and laying the foundation for exploring some of his campaign promises, including potentially establishing a strategic national Bitcoin reserve. This EO also blocks federal agencies from creating and issuing central bank digital currencies. Moreover, the Trump Securities and Exchange Commission (SEC) has established a new crypto task force led by pro-crypto commissioner Hester Peirce. Much to the delight of crypto enthusiasts, the new-look SEC also rescinded its highly controversial SAB 121 rule, which discouraged American banks from holding digital assets. Trump has previously said that he plans to turn the U.S. into the “crypto capital of the planet.” #BTC

🇺🇸 US Macro Data: ▪️ ISM Non-Manufacturing Purchasing Managers Index (Jan) ACTUAL: 52.8 FORECAST: 54.2 PREV: 54.0 ▪️ ISM Non-Manufacturing PMI (Jan) ACTUAL: 54.5 PREV: 58.0 ▪️ ISM Non-Manufacturing Employment (Jan) ACTUAL: 52.3 PREV: 51.3 ▪️ ISM Non-Manufacturing Price Index (Jan) ACTUAL: 60.4 PREV: 64.4

🔥 LATEST: Between Jan. 11 and Feb. 3 Semler Scientific $SMLR acquired 871 #Bitcoin for $88.5M, increasing total holdings to 3,192 $BTC.