VanEck’s new Wealth Builder ETF targets a 2% Bitcoin allocation, with a permitted range of 1% to 5%, gaining exposure through a spot Bitcoin ETP. US asset manager VanEck has launched an actively managed exchange-traded fund (ETF) that combines stocks, bonds and real assets with a targeted allocation to Bitcoin. According to Tuesday’s announcement, the VanEck Wealth Builder ETF (NYSE: WBMO) invests in both VanEck and third-party ETFs, with a target Bitcoin allocation of 2% and a permitted range of 1% to 5%, according to the company’s website. Bitcoin exposure comes through a spot Bitcoin ETP rather than direct holdings of the cryptocurrency. The fund builds on VanEck’s existing Wealth Builder model portfolios, previously available to financial advisers through third-party wealth management…
More than 40% of the companies initially proposed to have their stocks listed in tokenized form have asked to opt-out. Four companies have joined the list of those filing objections to listings on a tokenized stock exchange proposed by cryptocurrency exchange OKX and the parent company of the New York Stock Exchange, Intercontinental Exchange (ICE). In a Monday update to its proposed OKXICE exchange, the crypto company reported that Intel, IBM, Oracle and IonQ were the most recent companies to object to having their US stocks listed in tokenized form. With the addition of the four, 26 companies have now filed to raise objections to OKXICE’s plans, including Alphabet, Wells Fargo and Goldman Sachs. The proposed offering came just a few weeks after the US Securities and Exchange Commission (…
Speaking on Cointelegraph’s Chain Reaction podcast, Muneeb Ali warned that uncertainty over Bitcoin’s quantum security could deter institutional investors. Concerns about quantum computing are slowing institutional investment in Bitcoin, according to Stacks founder Muneeb Ali, who warned that the network needs a credible roadmap for security upgrades to restore investor confidence. “There is already a ceiling on the growth of Bitcoin because of quantum fears,” Ali said during an interview on Cointelegraph’s Chain Reaction podcast. He argued that uncertainty could lead risk-averse institutional investors to delay large Bitcoin purchases until developers establish a credible path toward quantum-resistant security. Stacks is a Bitcoin layer-2 network designed to bring smart contracts and dece…
Ripple also expanded its collaboration with BNY on digital asset custody and partnered with C2FO to bring trade finance settlement onto the XRP Ledger. Ripple and Robinhood have expanded their partnership to bring the RLUSD stablecoin to Robinhood’s retail and institutional businesses, alongside new integrations spanning treasury management, lending and trading services. RLUSD is already available on Robinhood Chain and Bitstamp by Robinhood, with a launch in the Robinhood app planned for later this year, according to a Tuesday announcement coinciding with Ripple’s Swell 2026 conference in New York. Robinhood also plans to use the stablecoin on the XRP Ledger for institutional settlement. Robinhood will also adopt Ripple Treasury to manage its global cash and liquidity operations, includin…
The US state filed a lawsuit against Kalshi last week, seeking to recover up to $60 million in profits related to event contracts on prediction markets. The US Commodity Futures Trading Commission (CFTC) announced legal action against Utah officials after the state’s attorney general said he would sue to compel Kalshi and its affiliates to return up to $60 million in profits allegedly obtained illegally. In a Monday filing in the US District Court for the District of Utah, lawyers for the commodities regulator sued the State of Utah and its Attorney General Derek Brown a week after officials announced legal action against prediction market platform Kalshi and its affiliates over allegedly illegal betting. According to the CFTC, Utah was attempting to bypass congressional intent to “feder…
The September survey offered a possible window into US voters who could consider fintech and digital asset policies on Election Day. A new poll from the DeFi Education Fund and Ipsos found that 72% of people surveyed said it was “somewhat” to “extremely” important for politicians to be supportive of policies encouraging financial technology built in the US. On Tuesday, Ipsos released the results of a poll of 1,545 people conducted in September, showing that 35% of respondents said it was “very” or “extremely” important for political candidates to support the idea of “ensuring that those who are building the next generation of financial technology are encouraged to do so in the United States.” An additional 37% of those surveyed said that the fintech policy was “somewhat important.” Notabl…
The blockchain-based fund offers eligible non-US investors exposure to the Nasdaq-100 as Janus Henderson expands its institutional tokenization business. Asset manager Janus Henderson and tokenization platform Centrifuge have launched a blockchain-based fund tracking the Nasdaq-100 Index on Stellar, offering eligible investors outside the United States exposure to the benchmark. Called JQQQ, the fund uses Centrifuge’s tokenization infrastructure and seeks to track the Nasdaq-100 under a licensing agreement with the exchange, according to a Tuesday announcement. The launch expands Janus Henderson’s onchain investment offerings beyond US Treasurys and structured credit into equity-index exposure. The asset manager said its institutional onchain strategies now exceed $1 billion.
USDC’s share of euro stablecoin trading has climbed to 56% since January 2024, with deeper liquidity as exchanges restrict USDT under MiCA. Circle’s USDC (USDC) has overtaken Tether’s USDt (USDT) in stablecoin trading against the euro, as European Union regulations increasingly favor bloc-compliant stablecoins, according to a new Kaiko report. USDC now accounts for 56% of stablecoin trading against the euro, up from just 10% in January 2024, according to Kaiko data. The shift accelerated after major exchanges restricted USDT trading for customers in the European Economic Area under the Markets in Crypto-Assets Regulation (MiCA). USDC has also overtaken USDT in euro-denominated trading liquidity, with its order books now roughly 40% deeper than its rival’s. Tether remains the larger stablec…
Former Morgan Stanley and Weiss executive Jordi Visser says AI agents are boosting demand for crypto as he expands his holdings beyond Bitcoin, Ether and Solana. Cryptocurrencies could deliver a better payoff from the artificial intelligence boom than AI stocks themselves, according to Visser Labs founder Jordi Visser. Explosive gains in AI stocks are becoming harder to repeat, Visser tells Cointelegraph’s Trade Secrets. At the same time, AI agents are creating demand for crypto payments and tokenized assets. “Without AI, I don’t think crypto would be going through this bull market,” he says.
Arthur Hayes revealed the derivatives market design for Flop Network and how he expects its native token could transform AI compute into a tradable commodity. BitMEX co-founder and Flop Labs CEO Arthur Hayes shared new details about the Flop Network and how he expects its native token could turn AI computing power into a tradable commodity, two days after selling his altcoin holdings. Hayes proposed measuring the computing power delivered for each AI inference task and using transaction data to derive a spot price for compute denominated in Flop (FLOP) tokens. He cited a lack of a universal benchmark price for AI computing power. “If Flop becomes the payments network for AI agents, then it follows that the $FLOP/compute exchange rate will be the global benchmark for spot compute,” wrote Ha…
Luxor aims to use the proceeds to scale its existing AI infrastructure business and expand its GPU sourcing services as global chip supply chains become constrained. Full-stack compute company Luxor Technology raised $16 million in a strategic round led by CMT Digital. The investment round also saw participation from Canaan, MicroBT, Halo, Steelhead, and additional angel investors, according to a Tuesday announcement shared with Cointelegraph. The company aims to use the proceeds to scale its agentic cloud platform, grow its AI hardware business, expand its compute derivatives trading capabilities and hire more staff.
A decline in the share of Bitcoin’s realized cap held by coins unmoved for 18 months or longer points to the ‘early stages’ of a bull market, analysis says. Bitcoin (BTC) onchain transaction data is hinting at the start of a new uptrend as long-term holders retreat from selling. Key points:
Sean Bowe says ZCG has enough money to keep funding projects and wants its share of new ZEC redirected to a reserve for the network. Zcash co-founder Sean Bowe proposed ending the automatic funding stream to Zcash Community Grants (ZCG), saying its treasury was large enough to continue funding projects without further automatic payments. “ZCG has over $125M in funding, and will receive millions more before the spigot is turned off,” Bowe said Tuesday on X. “The program was never designed to handle this amount of funding.” Bowe shared a draft GitHub proposal that would redirect ZCG’s 8% share of the Zcash (ZEC) block subsidy to the network’s sustainability reserve, while leaving its existing funds untouched.
Bloom pledged to reimburse nine traders after $953,000 was drained from 48 wallets, saying no private keys were accessed or compromised. Hackers stole nearly $1 million from wallets linked to Telegram trading bot Bloom in under two minutes, according to blockchain analytics company Bitquery. The attack drained $953,000 in 94 seconds from 48 cryptocurrency wallets belonging to nine traders who had used the bot, Bitquery reported Monday. Bitquery said each drain was a Solana (SOL) transfer signed with the affected wallet’s private key.
The exchange is delisting 22 crypto assets for Brazilian users and hopes talks with the central bank will allow it to restore some services. Binance has applied for a cryptocurrency service provider license in Brazil, seeking to maintain its operations in one of Latin America’s largest crypto markets ahead of a regulatory deadline on Friday, Oct. 30. The exchange submitted its application to the Central Bank of Brazil on Friday, Oct. 23, through its local entity, BBrasil, according to a statement shared with Cointelegraph. The company said the filing would allow Brazilian users to continue accessing crypto assets, stablecoin trading, payments and investment services.
US spot Bitcoin ETFs remained in the red for October, with about $202 million in net outflows for the month despite Monday’s rebound. US-listed spot Bitcoin exchange-traded funds (ETFs) returned to net inflows on Monday despite weakening market sentiment and continued volatility in BTC price. The funds attracted $110 million in net inflows on Monday, bouncing back from $774 million in withdrawals over the previous two trading sessions, according to SoSoValue. Despite the rebound, October remained negative, with approximately $202 million in net outflows through Monday.
The stablecoin payments company previously disputed reports that its US listing had been delayed. Hong Kong-based stablecoin payments company RedotPay is reportedly considering a confidential filing for a US initial public offering by the end of 2026, two months after reports that it had delayed its listing plans amid regulatory and legal hurdles. RedotPay is also in talks with investors about a potential pre-IPO funding round that could value the company at between $4 billion and $5 billion, Bloomberg reported Monday, citing people familiar with the matter. RedotPay says it has more than 8 million users, while data from Paymentscan shows $410.5 million in 30-day stablecoin card transaction volume.
Keystone initially disclosed a leak of customer information but has since disclosed that hackers also stole a key that could allow counterfeit wallets to pass authenticity checks. Hardware wallet maker Keystone said an attacker who breached its website last week also stole a key used to verify the authenticity of its devices, widening the scope of an incident initially disclosed as a customer data leak. In a statement Monday, Keystone said the stolen authentication key could allow attackers to produce counterfeit wallets that pass its authenticity checks. “These devices could then be sold or shipped to customers, who might unknowingly use them as genuine products, potentially resulting in asset theft,” Keystone said.
The approval clears the way for Ripple to manage reserves backing its RLUSD stablecoin and provide digital asset custody. Ripple announced Monday that its national trust bank has secured final approval from the Office of the Comptroller of the Currency (OCC). The approval completes the chartering process for Ripple National Trust Bank (RNTB), which received conditional approval from the OCC in December 2025. The federally supervised trust bank is authorized to manage reserves backing Ripple USD (RLUSD), act as collateral trustee for the benefit of RLUSD holders and provide digital asset custody services, according to Ripple.
The announcement followed the banking regulator finalizing its rules for the GENIUS Act, a stablecoin law to be implemented in January The Office of the Comptroller of the Currency (OCC) has petitioned community banks to enter the payment stablecoin market as part of the regulator’s rules on the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. In a Monday X post, the OCC said that it was “encouraging the development of payment stablecoin capabilities within the community banking sector,” citing its finalized rules for the GENIUS Act. The payment stablecoin law is set to be enforced starting in January, and the OCC finalized its rules for the bill last week. “Interested community banks are encouraged to consider applying to become, or for a subsidiary to become,…
