The Daily: Cboe BZX files to list XRP ETFs, BlackRock increases Strategy ownership to 5% and more
2025-02-08
Category: None

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
It's Friday! Bitcoin rose slightly this morning after U.S. jobs numbers came in lower than expected, but the foremost cryptocurrency is not out of the woods just yet, as its range-bound price action continues.
In today's newsletter, Cboe BZX Exchange files 19b-4s to list and trade various spot XRP ETFs, BlackRock raises its Strategy ownership to 5%, CleanSpark reports $162.3 million in quarterly revenue and more.
Meanwhile, the CFTC plans to hold a "CEO Forum" to discuss the launch of a digital asset markets pilot program, with participants including Circle, Coinbase, Crypto.com and Ripple.
Let's get started.
Cboe BZX files to list and trade various XRP ETFs
Cboe BZX Exchange filed 19b-4 forms with the Securities and Exchange Commission late Thursday to list and trade spot XRP ETFs for Bitwise, 21Shares and Canary Capital.
BlackRock raises Strategy ownership to 5%
Asset management giant BlackRock has increased its ownership stake in Strategy (formerly MicroStrategy) from 4.09% to 5%, according to a Schedule 13G filing with the SEC.
'Why buy bitcoin at current prices when we can mine it for $34,000?'
CleanSpark reported revenues of $162.3 million for the fourth quarter of 2024, up 120% year-over-year, at a marginal cost to mine of approximately $34,000 per bitcoin.
Trump-backed World Liberty Financial plans 'strategic token reserve'
World Liberty Financial plans to create a "strategic reserve" with its token purchases, according to co-founder Chase Herro, Bloomberg reported.
VanEck predicts Solana price could hit $520 by year-end
Asset manager VanEck predicts Solana's price could reach $520 with a $250 billion market cap by the end of 2025, based on an autoregressive forecast model — a 165% gain from current prices.
Looking ahead to next week
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