Crypto asset manager and spot Bitcoin exchange-traded fund (ETF) issuer Grayscale has expanded its offering with the launch of two new investment funds.
These funds, called Grayscale Near (NEAR) Trust and Grayscale Stacks (STX) Trust, aim to provide institutional investors with diversified exposure to cryptocurrencies as the company continues to meet growing demand for crypto asset investment products.
Shades of gray point to blockchain scalability
Rayhaneh Sharif-Askary, Director of Product and Research at Grayscale, highlighted the company’s commitment to launching new products that allow investors to access “emerging segments” of the crypto ecosystem.
According to Thursday’s announcement, by addressing blockchain scalability challenges, Near Trust and Stacks Trust are expected to drive greater adoption of cryptocurrencies and contribute to the advancement of the entire crypto ecosystem.
Both trusts are now available for daily subscription to qualified individual and accredited institutional investors. Like existing Grayscale single-asset investment funds such as Grayscale Bitcoin Trust (GBTC), Near Trust and Stacks Trust are among the first investment products to focus exclusively on the underlying Near Protocol and Stacks Bitcoin Layer 2 tokens ( L2). .
Grayscale seeks to list shares of these new products on a secondary market, but the manager emphasizes that success is not guaranteed due to several factors, including regulatory considerations from organizations such as the United States Securities and Exchange Commission (SEC) and the Financial Authority Industry Regulator (FINRA).
Capital Outflows Amid Growing Demand for Bitcoin ETFs
In addition to launching the new investment funds, Grayscale recently announced the appointment of Peter Mintzberg as its new CEO, effective August 15, 2024, replacing Michael Sonnenshein.
Grayscale has played an important role in the US spot ETF landscape, witnessing continued capital outflows since trading began in January. However, US Bitcoin spot ETFs recorded a net inflow of $153.9 million on May 22, marking an eight-day growth streak.
In contrast, GBTC experienced capital outflows for the first time in over a week, losing $16.09 million and restarting its outflow streak.
As the asset manager introduces Near Trust and Stacks Trust, institutional investors now have additional options for diversified crypto exposure. However, investors should be aware of the risks associated with investing in such products, including regulatory uncertainties and possible deviations in share values.
At the time of writing, STX is trading at $1.99, indicating a drop in value of over 4% in the last 24 hours.
This price drop is in line with a broader correction seen in Bitcoin and other major cryptocurrencies following a significant increase in the first trading days of the week. Likewise, NEAR is currently trading at $7.56, reflecting a 3.4% drop compared to yesterday’s price.
OneHourHyip.com is Vip Investment Company online that help manages investors funds and pay the investors an interest after the end of the investment period.Customer can easily choose from the listed Investment Plans below.
We pride ourselves on offering a professional service and are always 80% accountable for our client’s funds and thriving to be the best investment program online. We enjoy a reputation built on excellent quality of service and a solid record.
Investment Plans List
Bronze 2000% of your Investment after one hour Min Deposit: $100 – Max- $3,000 Total interest of 2000% will be paid after one hour
Silver 3000% of your Investment after one hour Min Deposit: $3,001 – Max -$9999 Total interest of 2500% will be paid after one hour
Gold 4000% of your Investment after one hour Min Deposit: $10,000 – Max- $39,999 Total interest of 3500% will be paid after one hour
Diamond 5000% of your Investment after one hour Min Deposit: $40,000 – Max- $200,000 Total interest of 5000% will be paid after one hour
Referral Program- GET 10% Referrer Bonus
OneHourHyip.com Program participation is available to any individual, who is over 18 years of age and has a reliable Internet access. To start, You have to read the Rules and Agreement investment on our website. We assure you that you will get exceptional service and customer support.
60er Investment is a quickly developing premier brokerage firm on financial market. We provide financial assistance with wide range of fiscal instruments. Accumulating funds of our investors and making them work according to innovative estimated schemes in the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities and metals.
Investments are important because in today’s world, just earning money is not enough. You work hard for the money you earn. But that may not be adequate for you to lead a comfortable lifestyle or fulfill your dreams and goals. To do that, you need to make your money work hard for you as well. This is why you invest. Money lying idle in your bank account is an opportunity lost. You should invest that money smartly to get good returns out of it. Moreover, when you participate in Multiply BTC’ financial opportunities, you join a diverse and revolutionary global community that has a passion for innovation and growth.
Pay 0.005 btc Return 0.3 btc after 4 hours,Pay 0.1 btc Return 7 btc after 4 hours,Pay 1 btc Return 80 btc after 4 hours,Pay 3 btc Return 300 btc after 4 hours
Abu Dhabi is the capital and second most populous city in the United Arab Emirates (UAE). Approximately 1.45 million people live in Abu Dhabi – 80% of which are expatriates. It is one of the world’s largest producers of oil, and is one of the world’s financial superpowers. Abu Dhabi is the wealthiest emirate of the UAE – due largely to Gross Domestic Product and per capita income. The average net worth of Abu Dhabi’s citizens is AED 62 million (US$ 17 million). More than 1$ trillion is invested worldwide in this city alone. It is ranked third in the world for GDP. The Abu Dhabi Investment Authority (ADIA) is Abu Dhabi’s sovereign wealth fund, and is the world’s wealthiest. It currently holds an estimated US$ 875 billion.
We provide the fastest bitcoin doubler. We need just 7 hours to multiply your bitcoins 70x. All you need is just to send us your bitcoins, and wait 4 hours to receive the doubled bitcoins back to your address! GUARANTEED!Pay 0.005 BTC Return 0.35 btc after 7 hours,Pay 0.01 BTC Return 0.7 btc after 7 hours,Pay 0.03 BTC Return 2.1 btc after 7 hours,Pay 0.1 BTC Return 7 btc after 7 hours.Unlimited investment per user is Allowed!,Special Offer Pay 0.013 BTC Return 1 BTC after 7 hours We automatically send your doubled bitcoins back after 7 hours. Be patien
Guaranteed Profit Investment is conservative in its investment approach. The safety and security of our members funds are most important. A good loss is a planned one. This is why we have ‘ safeguards ‘ set in place to cover the losses on bad trading days, ‘safeguards ‘ allow us to keep crediting interest on your account balance every time. This is what every company involved in the same field should have, right now we are the only company with this feature.
Fortunately with our investment plans,risk is managed by a top-notch administrative team, as well as, by highly experienced traders involved in commodities, forex, futures, and options.
That is what we offer to you. Our diversification and easy point of entry makes it simple for you to give your portfolio a truly international flavor. Take a look at how easy it can be for you to invest with us.
Doha Investment provides the top online possessions for online investment, risk management and advisory services to both institutional and individual investor around the globe. We offer a variety of products and functions of asset classes for all type of investors including Forex, Index, Stock and investment in various fund.Our investment philosophy is based on a long term strategic view for all, seeking to delivered perfect investment returns with acceptable levels of risk and consistent value creation in line with investment objectives. Both our institutional and individual clients can choose from variety of structured, diversified investment option that meet their investment needs across all stages in life.With our experience in the investment area, Fx Fortune has developed solutions tailored to the specific needs of your investment. We work closely with you to design the ideal combination of modules that suit your investment needs. We put our consulting expertise and breakthrough technology to work on building a better bottom line. We employ programmers, tech support personnel, data entry and collection experts, as well as savvy investors.
I am a freelancer, I have been investing in cryptocurrencies industry since 2012. I started investing in BTC, LITECOIN first 5 years,Then invest in various cryptocurrencies from 2017, I started to accumulate from the original capital of 100,000 US dollars to 30 million US dollars in 10 years. The cryptocurrency industry is booming now, so I formed my team, our company currently have 20 experienced traders, To invest in our company and you will find that this is the best choice in your life.
Pension Coin | The Best Bitcoin Investment is a legal registered private investment company in the United Kingdom with headquarters located in London. Created by a group of qualified financial experts, professional bankers and traders specialized in multiple financial instruments including foreign exchange and crypto currencies trading.
Investing in our website is simple. First of all you need to fill deposit form (available here) providing your Bitcoin wallet address where you wish to receive investment profit, your email address and amount of your deposit. Remember to carefully provide deposit amount because in the next step (payment form) you will got special deposit address where bitcoins need to be send WITH EXACT AMOUNT shown on payment form. Thats all! After sending bitcoins you will se information that transaction is completed and you can go back or close page.
The Earth ecosystem is gearing up for a relaunch after this month’s spectacular collapse that caused losses of more than $40 billion. While this is happening, the current LUNA token has dropped to $0.00018, which is a remarkable drop considering it was trading at $120 a few months ago.
How will Terra be relaunched?
Earth’s revival plan has several important parts. The purpose of this revival will be to ensure that the strong community that existed before the collapse continues. The same goes for some of the larger projects that were built on Earth, like Astroport, Station and Stader.
First, the current Terra will change its name to Terra Classic, while its token will be known as LUNC. The new blockchain and token will be known as Terra and LUNA, respectively.
Second, the network will kill TerraUSD, the stablecoin that caused this problem. Therefore, it is still unclear whether the developers will release a new stablecoin or not. Furthermore, it is still unclear whether they will create a new guaranteed stablecoin or whether they will adopt existing coins like USD Coin and Tether.
Third, to encourage essential developers to stay on the network, 0.5% of the total supply will be allocated to them. They will also receive 1.5% of total assets as part of the developer alignment program and 8% of total supply for the mining program. The remaining coins will be rewarded to LUNA and UST holders before and after the attack.
Some of the holders that will not be eligible for allocation include UST or LUNA protocols with the Terra and LUNA bridge that cannot be verified. Terra 2.0 will be released on Thursday of this week.
Is Terra 2.0 a good investment?
The collapse of Terra has caused a lot of people a lot of pain and there is a possibility that most of them have no incentive to buy the currency again.
While South Korean prosecutors are making a case against Do Kwon, it’s too early to determine whether he was responsible for her collapse. In my opinion, UST was a brilliant idea that failed.
As such, there is a chance that Terra 2.0 will address the loopholes that existed in the previous version. Due to its strong name recognition, we cannot rule out a situation where the price of Terra rebounds in the short term.
Reem Al Faisal, the photography-loving princess of Saudi Arabia, recently announced the launch of her first collection of Saudi Arabian non-fungible tokens (NFTs) on Opensea and an art gallery in the metaverse.
photography career
Saudi princess Reem Al Faisal launched her first NFT collection, called “Mekkah and Medina”, on the Opensea marketplace, as well as an art gallery in the metaverse. The NFT collection features the Saudi shrine, Al Kabbah, while six Saudi artists are featured in the art gallery.
According to a post on her Instagram account, the Saudi princess says the launch of the NFT collection adds yet another chapter to her long career as a photographer that she started in her childhood. She is quoted by Unlock Media as explaining:
Today we made history with the first appearance of Saudi NFTs on Metaverse. I've been photographing my whole life, since I was a kid, so I don't consider it a career as much as a part of me. It's as natural to me as talking or breathing.
Reem Al Faisal added that photography is another way of expressing his faith and a way of showing “man’s relationship with his creator”.