The Bitwise Soana Staking ETF, issued by Bitwise Asset Management, was automatically approved for listing on October 28th, during the current US government shutdown, based on the general listing standards for commodity trusts and the exchange's 8-A certification. Its features include: support for cash and physical redemptions, with physical delivery only available for APs; support for Solana to provide additional returns through staking, with 6% of staking returns going to the issuer, custodian, and staking providers, and the remaining 94% included in the ETF's assets; a management fee of 0.20%; and waived management fees and staking commissions within the first three months of listing and for fund size within the first $1 billion.
- 0 replies
- 0 recasts
- 0 reactions
Cosmos Health, a publicly listed company, has invested $500,000 to increase its Ethereum holdings, bringing its total investment to $1.5 million.
- 0 replies
- 0 recasts
- 0 reactions
PANews reported on September 7th that according to Jinshi, U.S. Treasury Secretary Benson said he would not change economic policy based on a single number. Employment data showed that Trump's criticism of the Federal Reserve's slow action was correct, and the revised 2024 employment forecast could see a loss of 800,000 jobs.
- 0 replies
- 0 recasts
- 0 reactions