ProShares has listed KRYP, the first U.S. ETF designed to track the CoinDesk 20 Index, giving investors exposure to the largest and most liquid cryptocurrencies.
The blockchain-based platform says it handles a third of global prediction-market volume, betting that onchain settlement and category diversification can sustain growth.
The cryptocurrency is trading below key ETF cost levels and nearing its pre-election price floor as inflows to these vehicles fade and headwinds build, the bank said.
The company's software specializes in tracing cryptocurrency transactions across multiple blockchains, catering to increasing demand from law enforcement and financial firms amid rising crypto crime.
WisdomTree’s Jonathan Steinberg says the firm’s tokenization push is nearing profitability, with $750 million in digital assets and long-term plans to modernize financial infrastructure.
CIRO’s new digital asset custody framework takes effect immediately, raising standards for crypto trading platforms as regulators push to reduce investor risk.
At the Ondo Summit in New York, top asset managers said tokenization has moved beyond theory but warned that trust, education, and real-world utility are now the biggest hurdles.