The price of Ether jumped 3.5% as CBOE BZX Exchange filed on behalf of asset manager 21Shares to introduce staking to its spot Ether exchange-traded fund (ETF). Ether jumped 3.5% to $2,776 on the news before pulling back to $2,729 at the time of publication, according to CoinMarketCap. 21Shares wants to stake a portion of Ether…

Franklin Templeton, a US-based financial services company with $1.6 trillion worth of assets under management, announced on Feb. 12 that it had launched its OnChain US Government Money Fund (FOBXX) on layer-1 blockchain Solana. The move marks the latest expansion of FOBXX, which launched in 2021, to another blockchain. FOBXX invests nearly 100% of its…

Proposed laws to create strategic Bitcoin reserves in American states could drive as much as $23 billion in demand for BTC if passed, according to an analysis by asset manager VanEck. VanEck analyzed 20 state-level Bitcoin reserve bills and found they would require state governments to collectively buy approximately 247,000 BTC if enacted, Matthew Sigel,…