Markets

21Shares Applies for Hyperliquid ETF as New Crypto Funds Hit Market

In brief 21Shares wants to list a Hyperliquid exchange-traded fund. HYPE, the native coin of decentralized exchange Hyperliquid, is the 16th biggest cryptocurrency by market cap. The SEC is weighing ETF applications tracking different altcoins, and combinations of tokens. Exchange-traded fund issuer 21Shares has applied for an exchange-traded fund tracking the token of the Hyperliquid…

Markets

Solana, Litecoin and Hedera ETFs to Begin Trading This Week

In brief Four altcoin-tracking ETFs are set to begin trading in the U.S. this week. Canary Capital’s Litecoin and Hedera funds will be listed, alongside Bitwise and Grayscale Solana funds. The debuts follow successful Bitcoin and Ethereum spot ETF rollouts in 2024. Four exchange-traded funds tracking separately Solana (SOL), Litecoin (LTC), and Hedera (HBAR) will…

Law and Order

Bhutan to Anchor National Digital ID on Ethereum by Early 2026

In brief Bhutan’s national digital ID platform will issue credentials through Ethereum. The system, initially built with Cardano developer IOG, is scheduled to undergo a full migration by early 2026. Observers warn that putting national IDs on public blockchains might raise privacy risks despite greater transparency. Bhutan has integrated its National Digital Identity platform with…

Markets

Zcash Extends October Rally: What’s Driving the Surge?

In brief Zcash has surged over 140% in two weeks, hitting its highest level since 2021. Nearly $2 million in short positions were liquidated as the token climbed to $170. Analysts cite Grayscale access and endorsements from Naval Ravikant as key drivers. The token belonging to privacy blockchain Zcash has more than tripled in value…